Estimated Inventory Value definition

Estimated Inventory Value has the meaning set forth in Section 2.06(a).

Estimated Inventory Value has the meaning given such term in Exhibit B.

Estimated Inventory Value means the Inventory Value (excluding the Inventory Value of the Inventory of National Steel Pellet Company) determined as of the close of business on the last day of the month immediately prior to the Closing Date.

Examples of Estimated Inventory Value in a sentence

• The Company shall prepare, in good faith, and deliver to Buyer, at least three Business Days prior to the Closing Date, a certificate signed by the Company's Chief Executive Officer and Chief Financial Officer (the "Closing Financial Certificate") setting forth the Estimated Net Receivables Amount and the Estimated Inventory Value.

• The Closing Payment will be adjusted upwards or downwards as follows: (i) if Estimated Inventory Value exceeds $9,000,000 (the “Inventory Value Target”), then the Closing Payment will be increased by such excess, and (ii) if the Estimated Inventory Value is less than the Inventory Value Target, then the Closing Payment will be reduced by the amount by which Estimated Inventory Value is less than the Inventory Value Target.

• No later than ten (10) Business Days prior to the Closing Date, Seller shall deliver to Buyer a written notice which sets forth Seller’s good faith estimate of the Estimated Liabilities Value and the Estimated Inventory Value and the amount of the Closing Payment deriving therefrom (the “Estimate”).

• The Purchase Price shall be increased or decreased on a dollar-for-dollar basis for each dollar that the Adjusted Inventory Value (as hereinafter defined) as of the Closing Date exceeds or is less than the Estimated Inventory Value.

• Upon delivery by Seller of a finalized list of Inventories transferred to Purchaser, in accordance with Section 4.4.3, Purchaser will pay to Seller (or Seller will pay to Purchaser) the difference between the net book value on the books of Seller of the Inventories transferred to Purchaser and the Estimated Inventory Value set forth in Section 2.2(a).

More Definitions of Estimated Inventory Value

Estimated Inventory Value means an amount equal to the [--] of the Inventory (other than the Transition Ventev Inventory) set forth on the Valuation Model, to be calculated in accordance with the Valuation Model.

Estimated Inventory Value means Sellers’ good faith estimate of the aggregate Inventory

Estimated Inventory Value means the Seller's estimate of the Inventory Value at the Effective Time;

Estimated Inventory Value shall have the meaning set forth in Section 3.2(a).

Estimated Inventory Value means the aggregate amount of the estimated Spare Parts Inventory Value plus the estimated Fuel Inventory Value as set forth in the Estimated Closing Date Statement.

Estimated Inventory Value means the book value of the Purchased Inventory as of the Closing Date and as estimated by Seller in accordance with Section 2.5(d);

Estimated Inventory Value has the meaning given such term in Section 4 D of this Exhibit.