Examples of Inventory Amount in a sentence
Notwithstanding the foregoing provisions of this Article 3, if any Acquired Assets are divested or sold in order to secure the Governmental Approvals contemplated by Section 6.17.1 in one or more transactions that would have impacted the Benchmark Inventory Amount, then the Benchmark Inventory Amount will be reduced to give effect to such divestiture or sale as if such divestiture or sale occurred prior to the determination of the Benchmark Inventory Amount.
If the Estimated Inventory Amount is less than (determined separately for the Ride Dynamics Business and the Brake Business) the Benchmark Inventory Amount, the Preliminary Purchase Price paid at Closing will be decreased by an amount equal to such deficiency.
If the Estimated Inventory Amount is greater than (determined separately for the Ride Dynamics Business and the Brake Business) the Benchmark Inventory Amount, the Preliminary Purchase Price paid at Closing will be increased by an amount equal to the excess.
The calculation of the Estimated Inventory Amount and the Closing Inventory Amount shall be determined separately for each of the Ride Dynamics Business and Brake Business and shall utilize a methodology, and accounting therefor, consistent with the methodology used in determining the Benchmark Inventory Amount (attached as Schedule 3.4.1) with the determination and valuation of E&O Inventory as defined in this Agreement.
In that event, all calculations pursuant to this Section 3.5 will be effected using such adjusted Benchmark Inventory Amount.