Inventory Purchase Price definition

Inventory Purchase Price has the meaning set forth in Section 2.2(a).
Inventory Purchase Price means the product of (a) the aggregate Inventory Value multiplied by (b) 0.75.
Inventory Purchase Price means the per unit price, as set forth on Exhibit B, at which Licensee shall purchase Inventory from Licensor pursuant to this Agreement.

Examples of Inventory Purchase Price in a sentence

  • For any Other Retail Inventory and Liquidation Inventory which is reclassified by Licensee as Non-Saleable Inventory, the corresponding Inventory Purchase Price shall be reduced to $0 and such Inventory shall either be destroyed by Licensee or returned to Licensor at Licensor’s request and sole expense.

  • Licensee shall update such records as necessary to reflect any mutually agreed upon adjustments to the categorization and/or Inventory Purchase Price of the Inventory.

  • The Additional Inventory Purchase Price shall be calculated and paid at the same time the Net Working Capital Adjustment is paid.

  • The Parties shall cooperate in good faith to reclassify any Inventory and adjust its corresponding Inventory Purchase Price as reasonably necessary for Licensee to sell or liquidate such Inventory at a mutually agreeable price.

  • Notwithstanding, Licensor’s sole remedy for any such loss is limited to the Inventory Purchase Price for the Other Retail Inventory and Liquidation Inventory and the payments that would otherwise be due upon the sale of the Walmart Inventory due under Section 2.2.3 and nothing else.


More Definitions of Inventory Purchase Price

Inventory Purchase Price means an amount equal to the aggregate Inventory Value of the Inventory set forth on the Inventory Schedule.
Inventory Purchase Price means the sum of (i) the actual cost of the raw materials inventory, and (ii) the lower of the actual cost or market cost of the finished goods inventory, which shall be agreed upon by the parties hereto at the time of Closing.
Inventory Purchase Price means an amount equal to (i) the Merchandise Purchase Price, plus (ii) the Perishables Purchase Price, plus (iii) the Tobacco Purchase Price, plus (iv) the Liquor Purchase Price.
Inventory Purchase Price means an amount equal to the value of the entire inventory of all untitled, current model year new and demonstrator motor vehicles and fleet chassis in the Company Entities’ inventory or which are in transit to the applicable Company Entity and listed on such Company Entity’s applicable lender floorplan statements (excluding demonstrators with more than 6,000 miles registered on the odometer and conversion vans or similar-type vehicles) as of the Accounting Time, which vehicles shall be valued at the factory invoice price to the applicable Company Entity as determined in accordance with the Inventory Purchase Price Determination Principles.
Inventory Purchase Price means the price reflected in the current BOM or the current price charged by Celestica, as applicable, together with an Inventory xxxx-up of eight and nine tenths percent (8.9%) (comprised of 5.7% material overhead and 3.2% freight).”
Inventory Purchase Price means the portion of the Purchase Price to be paid for the Inventory, exclusive of Finished Goods and items of Raw Materials listed on Table 2.3A as having a Valuation % of zero percent (0%), or a designation of “N/A,” in Column 5 of Part B.
Inventory Purchase Price shall have the meaning as set forth in Section 2.1(iii) hereof.