Inventory Target definition

Inventory Target means, with respect to each Country Unit, the Inventory target amount set forth with respect to such Country Unit on Schedule 1.01(g).

Inventory Target means the quotient of (A) the product of (x) Target Inventory Days for the last completed quarter immediately preceding the Available Cash Determination Date times (y) actual consolidated cost of goods sold for Both Reorganization Companies (excluding Rexchip) for the last completed quarter immediately preceding the Available Cash Determination Date, divided by (B) 90.

Inventory Target is defined in Section 5.02(a)(i).

Examples of Inventory Target in a sentence

• Inventory Target Data Repository [26] After selecting the target data repository, the team must inventory the information within that repository.

• If the Principal Country Units Inventory (as finally determined in accordance with Section 2.04(d)) is less than 90% of the Principal Country Units Inventory Target, then the Initial Purchase Price shall be reduced on a dollar-for-dollar basis by the amount of such deficit.

• To the extent that the Principal Country Units Inventory (as finally determined in accordance with Section 2.04(d)) exceeds 110% of the Principal Country Units Inventory Target or is less than 90% of the Principal Country Units Inventory Target, the Initial Purchase Price shall be adjusted as described in Section 2.04(f) below (the “Initial Purchase Price Adjustment”).

• If the Price Adjustment Statement discloses that the book value of the applicable Closing Inventory is less than the applicable Inventory Target, then the Purchase Price shall be reduced on a dollar-for-dollar basis by the amount of such deficit.

• If the book value of the Closing Inventory is greater than the Inventory Target or less than the Inventory Target by the amounts specified in Section 2.04(f) below, the Purchase Price shall be adjusted as described in Section 2.04(f) below (all of which, for the avoidance of doubt, shall be determined assuming each Deferred Closing occurred at the Closing).

More Definitions of Inventory Target

Inventory Target means $2,076,434.

Inventory Target means $20,300,000.

Inventory Target means $21,000,000.

Inventory Target means $803,000.

Inventory Target means, with respect to each Country Unit, the Inventory target amount set forth with respect to such Country Unit on Schedule 1.01(e).

Inventory Target shall have the meaning set forth in Section 2.02(e). IRS: means the United States Internal Revenue Service. ISRA: means the Industrial Site Recovery Act, N.J.S.A. 13:1K-6 et seq., and the regulations promulgated thereunder, N.J.A.C. 7:26B-1.1 et seq., as amended by the SRRA.

Inventory Target means $1,800,000.