Examples of Final Closing Inventory Value in a sentence

Any adjustments to the Preliminary Purchase Price made pursuant to this Section 2.4(e) shall be paid by wire transfer of immediately available funds to the account specified by Sellers, if Sellers are owed payment, or by Purchaser, if Purchaser is owed payment, within five (5) business days after the Final Closing Inventory Value is agreed to by Purchaser and Sellers or any remaining disputed items are ultimately determined by the Neutral Auditor.
In the event the parties fail to agree, the decision of the arbitrator shall become the Closing Inventory Listing and Final Closing Inventory Value.
The Preliminary Purchase Price shall be (i) increased dollar for dollar to the extent that the aggregate amount of the Property and Equipment Value plus the Final Closing Inventory Value exceeds $100,000,000, or (ii) decreased dollar for dollar to the extent that the aggregate amount of the Property and Equipment Value plus the Final Closing Inventory Value is less than $92,000,000.

More Definitions of Final Closing Inventory Value

Final Closing Inventory Value means the definitive Closing Inventory Value agreed to (or deemed to be agreed to) by Purchaser and Sellers in accordance with Section 2.4(c) or resulting from the determinations made by the Neutral Auditor in accordance with this Section 2.4(d) (in addition to those items theretofore agreed to by Sellers and Purchaser). 20 (e) If the aggregate amount of the Property and Equipment Value plus Final Closing Inventory Value is not less than $92,000,000 nor more than $100,000,000, there shall be no adjustment to the Preliminary Purchase Price and the Preliminary Purchase Price shall be the Purchase Price. The Preliminary Purchase Price shall be (i) increased dollar for dollar to the extent that the aggregate amount of the Property and Equipment Value plus the Final Closing Inventory Value exceeds $100,000,000, or (ii) decreased dollar for dollar to the extent that the aggregate amount of the Property and Equipment Value plus the Final Closing Inventory Value is less than $92,000,000. Any adjustments to the Preliminary Purchase Price made under this Section 2.4(e) shall bear interest from the Closing Date through the date of payment at the rate of interest publicly announced by Citibank, N.A., in New York, New York, from time to time as its prime rate, for the period from the Closing Date to the date of such payment. Any adjustments to the Preliminary Purchase Price made pursuant to this Section 2.4(e) shall be paid by wire transfer of immediately available funds to the account specified by Sellers, if Sellers are owed payment, or by Purchaser, if Purchaser is owed payment, within five (5) business days after the Final Closing Inventory Value is agreed to by Purchaser and Sellers or any remaining disputed items are ultimately determined by the Neutral Auditor. The Preliminary Purchase Price as adjusted pursuant to this Section 2.4 is referred to herein as the “Purchase Price.” Section 2.5

Related to Final Closing Inventory Value

Inventory Value has the meaning set forth in Section 2.1.
Final Closing Cash shall have the meaning set forth in Section 2.11(g).
Estimated Closing Cash has the meaning set forth in Section 2.4(a).
Final Closing Statement has the meaning set forth in Section 2.4(a).
Estimated Closing Statement has the meaning set forth in Section 2.4(a).
Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).
Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).
Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.
Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Closing Cash Amount shall have the meaning set forth in Section 2.8(b).
Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.
Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).
Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).
Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).
Final Closing Indebtedness means the aggregate amount of Closing Indebtedness set forth in the Final Closing Statement.
Closing Statement means the Closing Statement in the form on Annex A attached hereto.
Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.
Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.
Post-Closing Statement has the meaning set forth in Section 3.3(c).
Closing Cash Payment has the meaning set forth in Section 2.06(a).

Final Closing Inventory Value definition

Filter & Search

Related Definitions

Related to Final Closing Inventory Value