Valuation of Inventory Clause Samples
The Valuation of Inventory clause establishes the method by which a company's inventory is assessed for financial reporting or contractual purposes. Typically, this clause specifies whether inventory is valued at cost, market value, or the lower of the two, and may outline acceptable accounting methods such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out). By clearly defining how inventory should be valued, the clause ensures consistency and transparency in financial statements, reducing disputes and misunderstandings regarding asset values.
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Valuation of Inventory. For purposes of calculating the Adjusted Share Purchase Price, the book value of Inventory items which are considered Current Assets hereunder shall be adjusted as set forth in this Section 3.3.
Valuation of Inventory. The Lenders shall have received copies of a valuation, prepared by a firm satisfactory to the Arranger and in form and substance satisfactory to the Arranger, of the inventory of the Borrowers. 57 51
Valuation of Inventory. The Agent shall have received the valuation report prepared by Hilco Appraisal Services, such valuation report to be in form and substance satisfactory to the Agent, stating the then current fair market value of all Eligible Inventory.
Valuation of Inventory. For purposes of calculating the Net Working Capital and any adjustment to the Base Price as contemplated in Section 1.11, the Inventory included in the Transferred Assets shall be valued by the parties at ninety percent (90%) of the GAAP value thereof.
Valuation of Inventory. Inventory shall be valued by Agent on a ---------------------- periodic basis by a comparison of market industry data and the actual revenue being derived by Borrower from sale of such inventory. Valuation shall be based on the "market" value rather than Borrower's "cost." In determining market value, Agent shall be entitled to use the ▇▇▇▇▇▇▇▇▇▇ Collateral Value Report or such other comparable reports as Agent shall deem appropriate.
Valuation of Inventory. For purposes of determining the NOLV Percentage, the net orderly liquidation value of Borrowers' Inventory shall be determined and reported on not less frequently than annually by a qualified independent appraiser selected by the Administrative Agent or, at the Administrative Agent's election, by professional appraisers employed by the Administrative Agent.
Valuation of Inventory. Each Borrower will promptly notify Lender of any event causing material loss or accounting write down in the value of its Inventory.
Valuation of Inventory. The Parties agree that the Inventory reflected in the accounting for more than 6 months prior to the Effective Date shall amount to EUR 1, except for the plastic raw materials and the packing which shall be valued and transferred at the net accounting value. The Inventory reflected in the accounting for less than 6 months prior to the Effective Date, shall be valued and transferred at the net accounting value.
Valuation of Inventory. The Estimated Inventory Payment and the Final Inventory shall be calculated using the valuation methodologies set forth on Schedule 2.5(a). For the avoidance of doubt, Schedule 2.5(a) includes a sample calculation of the Inventory value using hypothetical volumes.
Valuation of Inventory. The Inventory Value shall be the sum of the following: