Inventory Determination Clause Samples

Inventory Determination. The Assets will be gauged at the Closing Date, at which time the custody of all shippers' Products will be transferred to Buyer, and Buyer shall become responsible to each shipper for Products in Buyer's custody. The Inventory will be determined by the Inventory Determination Procedure.
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Inventory Determination. 28 13.7 Shelf Space..................................................................29 ARTICLE XIV
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Inventory Determination. In the event the Preliminary Inventory Amount is less than $7,300,000 as determined pursuant to Section 8.18, the Purchase Price shall be reduced at Closing dollar for dollar for each dollar by which the Preliminary Inventory Amount is less than $7,300,000. Within 15 days following the Closing Date, Seller shall deliver to Buyer, in writing, (which writing shall be hereinafter referred to as "Closing Inventory Amount Determination") a final determination of the Value of the Inventories as of the Closing (which amount shall be hereinafter referred to as "Closing Inventory Amount"). In the event the Closing Inventory Amount is less than the Preliminary Inventory Amount, the Purchase Price shall be further reduced dollar for dollar for each dollar by which the Closing Inventory Amount is less than the Preliminary Inventory Amount. In the event the Closing Inventory Amount is greater than the
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Related to Inventory Determination

  • INDEPENDENT PRICE DETERMINATION 6.1 By signing and submitting this bid, the Bidder certifies that the prices in this bid have been arrived at independently, without consultation, communication or agreement, for the purpose of restricting competition, as to any matter relating to such prices with any other Bidder or with any competitor; unless otherwise required by law, the prices which have been quoted in this bid have not been knowingly disclosed by the Bidder prior to bid opening directly or indirectly to any other Bidder or to any competitor; no attempt has been made, or will be made, by the Bidder to induce any person or firm to submit, or not to submit, a bid for the purpose of restricting competition.

  • Eligibility Determination EOHHS will have sole authority for determining whether individuals or families meet any of the eligibility criteria and therefore are eligible to enroll in a Health Plan.

  • Challenge to Good Faith Determination Whenever the Board of Directors of the Company shall be required to make a determination in good faith of the fair value of any item under this Section 4, such determination may be challenged in good faith by the Holder, and any dispute shall be resolved by an investment banking firm of recognized national standing selected by the Holder and reasonably acceptable to the Company.

  • Good Faith Determination The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under this Agreement.

  • Company Determination Final Any determination that the Company or the Board of Directors must make pursuant to this Article is conclusive.