Inventory Amount definition

Inventory Amount shall have the meaning set forth in Section 4.3.

Inventory Amount means the aggregate amount of Sampled Location Inventory Value for all Sampled Locations to be transferred at the Closing or applicable Subsequent Closing plus the Extrapolated Inventory Value for all Acquired Stores to be transferred at the Closing or a Subsequent Closing (other than the Sampled Locations);

Inventory Amount means the value of the Inventory (measured at the lower of cost or market value) as of the Effective Time.

Examples of Inventory Amount in a sentence

• If Buyer fails to deliver such written notice within such 30-day period, Seller’s calculation of the Closing Inventory Amount shall be the Final Inventory Amount, which shall be binding upon the parties.

• In making its calculation in accordance with this Agreement, the Accounting Referee will make its determination based solely on presentations by Seller and Buyer and not by independent review and shall consider only those items or amounts in Seller’s calculation of the Closing Inventory Amount as to which Buyer has disagreed.

• Should the Inventory Amount at the time of Closing exceed the Average Inventory, the Purchase Price shall be adjusted upward accordingly and shall be payable at Closing.

• For clarity, Seller is not required to invoice Buyer for the payment of the Inventory Amount.

• The volume and description of the EDS Inventory used as the basis for preparing the Estimated Inventory Amount shall be based on the most recent month prior to Completion for which figures are available and as may be adjusted by the Seller in good faith to take account of any expected variations between the date of such stock-take and the expected Completion Date.

More Definitions of Inventory Amount

Inventory Amount means an amount equal to the inventory of Kuvan transferred and delivered by Merck Serono to BioMarin, on a case by case basis related to each Inventory Statement, pursuant to the requirements of this Agreement, based on the pricing terms set forth on Schedule 1.37.

Inventory Amount means the value of all EDS Inventory accounted for in the line items and ledger codes summing up to the line item “Total Inventory (inc spares)” in Part I (Pro Forma Inventory Statement) of Schedule 11 (Pro Forma Statements), all as determined on the basis of the Accounting Principles all expressed in euro as per the relevant entries in the relevant ledger accounts and the total amount converted to US Dollars in accordance with the provisions of Clause 25.1.10.

Inventory Amount means, during any month, the amount set forth below as corresponds to such month: Month Inventory Amount January 1998 $ 13,400,000 February 1998 13,700,000 March 1998 13,300,000 April 1998 12,900,000 May 1998 14,300,000 June 1998 18,700,000 July 1998 20,750,000 August 1998 21,900,000 September 1998 17,300,000 October 1998 13,000,000 November 1998 11,900,000 December 1998 12,700,000 January 1999 13,400,000 February 1999 13,700,000 March 1999 13,300,000"

Inventory Amount means the aggregate amount of Sampled Location Inventory Value for all Sampled Locations to be transferred at the Closing or applicable Subsequent Closing plus the Extrapolated Inventory Value for all Acquired Stores to be transferred at the Closing or a Subsequent Closing (other than the Sampled Locations).

Inventory Amount means a calculation of the book value of the Inventory as of any date in accordance with GAAP, applied in accordance with Seller's past practice; provided, however, that in calculating the Inventory Amount as of any date, reserves shall equal the reserves set forth in the Financial Statements.

Inventory Amount shall have the meaning set forth in Exhibit E hereto.

Inventory Amount means the dollar value of all Inventory except for Rejected Inventory.