Inventory Adjustment Amount definition

Inventory Adjustment Amount shall have the meaning set forth in Section 3.2(a) hereof.

Inventory Adjustment Amount has the meaning ascribed to in Section 1.04.

Inventory Adjustment Amount means the amount by which actual consolidated inventory of Both Reorganization Companies (excluding Rexchip) as of the Available Cash Determination Date differs (plus or minus) from the Inventory Target.

Examples of Inventory Adjustment Amount in a sentence

• At least five (5) Business Days prior to the Closing Date, Sellers shall prepare and deliver to Buyer a statement (the “ Pre-Closing Statement”) setting forth, together with reasonable supporting detail, the Customer Deposit Balance, the Estimated Inventory Value and the resulting Estimated Inventory Adjustment Amount, if any.

• If the Closing Date Inventory Adjustment Amount is greater than the Estimated Inventory Adjustment Amount (the amount of such excess, the “Purchase Price Deficit”), Buyers shall, within forty-five (45) Business Days after the final determination of the Closing Statement, promptly pay to Sellers’ Bank Account in cash by wire transfer of immediately available funds, an amount equal to the Purchase Price Deficit.

• PROPOSAL BYTHE COMMISSION:OPINION OF EP: Official Journal No 20/330 of 06.02.1965 MOD.

• If the Closing Date Cost Value of the Inventory differs from the Estimated Inventory Adjustment Amount, the Purchase Price shall be adjusted on a dollar for dollar basis by the amount of such difference.

• If the Inventory Estimated Amount exceeds the Inventory Final Amount, the Seller Inventory Adjustment Amount shall be zero, and the Purchaser Inventory Adjustment Amount shall be the amount by which the Inventory Estimated Amount exceeds the Inventory Final Amount and Seller shall deliver to Purchaser the Purchaser Inventory Adjustment Amount in cash by wire transfer of immediately available funds.

More Definitions of Inventory Adjustment Amount

Inventory Adjustment Amount means an amount, which may be a positive or negative number, equal to the Inventory Amount minus the Inventory Amount Threshold.

Inventory Adjustment Amount shall equal the sum of the Category Adjustment Amounts.

Inventory Adjustment Amount means (a) the Inventory Purchase Price minus (b) the Target Inventory Purchase Price (which calculation may be a negative number).

Inventory Adjustment Amount has the meaning set forth in Section 5.10.

Inventory Adjustment Amount shall have the meaning set forth in Section 3.2(a).

Inventory Adjustment Amount means the difference (positive or negative) between the Inventory Value as of 5:00 p.m. EST on the Closing Date (the “Closing Inventory Value”) and $2,000,000 (the “Current Inventory Value”) (i.e. Inventory Adjustment Amount equals Closing Inventory Value minus Current Inventory Value). For purposes of this Agreement “Inventory Value” means the fair market value of the Inventory calculated in accordance with the principles and methodologies set forth on Schedule 2.9.

Inventory Adjustment Amount means the amount (which may be a positive or negative number) equal to (a) the Net Inventory Amount minus (b) $28,000,000.