Inventory Cost definition

Inventory Cost. As determined by Lender, the lesser of (a) cost of Eligible Inventory or Eligible In-Transit Inventory, as applicable, computed in accordance with GAAP, or (b) the market value of Eligible Inventory or Eligible In-Transit Inventory, as applicable, as established by a third party valuation firm acceptable to Lender.

Inventory Cost means the cost of INVENTORY to the BORROWER when computed in accordance with GAAP.

Inventory Cost means the specific and direct manufacturing or procurement cost to Medafor associated with the manufacturing or procurement of such inventory (but shall not include overhead, markup or carrying costs).

Examples of Inventory Cost in a sentence

• The Customer Inventory Cost is the monthly ratable injection volume and price.

• If, however, the Pre-Closing Inventory Cost exceeds the Closing Inventory Cost, then Retrophin shall pay Asklepion an amount equal to such excess within three (3) Business Days after date on which the Closing Inventory Cost is determined to be final.

• As of the Effective Date, after giving effect to all of the Transactions, including the payment of the Transferred Inventory Cost, the Upfront Payment and the Collegium Prepaid Business Expense Allocation, Collegium and Newco shall be Solvent.

• The Independent Accounting Firm shall issue a written statement as to its resolutions of any outstanding objections to the Inventory Notice or the determination of the Closing Inventory Cost, which determination and the Inventory Notice shall be determined to be final and binding on Retrophin and Asklepion.

• Proposed Inventory, Cost, and Service Standard Facility Quantity Facility UnitsFacilityCostQuantityper 1,000 EDU'sPatrol and Specialty Vehicles13Each$420,9001.26Assigned Officer Equipment28Each$100,2002.71Computers & Comm Equipment18Each$225,0001.74Multi−channel Portable Radios16Each$36,0001.55Shooting Range1Each$416,2400.10Offsetting Revenues ($132,539) Total Cost of Police Facilities $1,065,801 VI.

More Definitions of Inventory Cost

Inventory Cost means Xxxxxxxx’ landed costs for its inventory as recorded in its books of account as of the Closing Date, inclusive of net invoice cost, freight, duty and other direct costs, taxes, and assessments, all on a basis consistent with Xxxxxxxx’ past practice.

Inventory Cost means, as determined by Lender, the lesser of (a) cost of Eligible Inventory, as applicable, computed on a first-in-first-out basis in accordance with GAAP, or (b) market value, as determined by Lender in a commercially reasonable manner, of Eligible Inventory.

Inventory Cost means the value of all Inventory as of the Closing Date determined in a manner consistent with the Prior Year Inventory Cost Reports, which shall take into account any obsolescence of the Inventory as of the Closing Date and be determined in a manner consistent with Seller’s current practice.

Inventory Cost means the cost of Inventory as of the Final Date, determined as set forth in Paragraph 2.6(a)(i) hereof. 18. "Knowledge" means, as to the Sellers, the actual knowledge of the President, Chief Financial Officer or any Senior Vice President of Sellers, of Arby's or Triarc (as hereinafter defined) or any Senior Vice President and the Vice President - Legal, Vice President - Franchise Services and Vice President - Development of Arby's or of any Divisional Vice President of Sellers or Arby's. 19. "Licenses" means collectively, (i) new Arby's license agreements, in the form of the "1002-080188-40 LA" license (the "Arby's Licenses"), whxxx xxxxx xx xxecuted and delivered by Arby's and Newco immediately following the Closing and shall remain in effect until such time as a new license agreement reasonably acceptable to Holdco (the "New Arby's License") becomes effective under applicable franchise laws, and thereafter, upon execution and delivery thereof, such New Arby's Licenses, and (ii) the new T.J. Cinnamons, ZuZu and P.T. Noodle's license agreements in the forms of Exhibits 1(a), 1(b) and 1(c) hereto, respectively (the "Multi-Brand Licenses"), between Newco and Arby's to be entered into immediately following the Closing and shall remain in effect until such time as a new license agreement reasonably acceptable to Holdco (also a "New Arby's License") becomes effective under applicable franchise laws, and thereafter, upon execution and delivery thereof, such New Arby's License. Arby's Licenses are being issued, and subsequent to the Closing New Arby's Licenses will, in accordance with Paragraph 5.12 hereof, be issued, for each of the Restaurants listed on Schedule 1(a) hereto. Multi-Brand Licenses are being issued for each of the Restaurants to the extent set forth on Schedule 1(b) hereto. The New Arby's Licenses issued to each Restaurant listed on Schedule 1(a) hereto shall provide for a term of twenty years minus the period such Restaurant operated under the "1002-080188-40 LA" form of license. 20. "Person" xxxxx xxx xxdividual, corporation, trust, limited liability company, unincorporated organization, governmental authority or any other form of entity. 21. "Petty Cash" means the sum of the amounts set forth for eaxx Xxstaurant on Schedule 6 hereto.

Inventory Cost means the net dollar amount (which may be either a positive or a negative number) of items classified as “Inventory” as of the Effective Time as determined in accordance with Exhibit H.

Inventory Cost with respect to a unit of Inventory shall mean Synthon’s inventory cost determined in accordance with US GAAP. Schedule 1E sets forth a schedule of Inventory Cost for units of Inventory.

Inventory Cost means Daniel Green's costs for the Acquired Inventory as recordex xx xxx xxxxx of account as of the Closing Date, inclusive of net invoice cost, freight, duty and other direct costs, taxes, and assessments.