Estimated Closing Date Inventory Value definition
Examples of Estimated Closing Date Inventory Value in a sentence
Alchemy will provide the deliverables as set forth in the Sales Quotation.
Elan will deliver to Biogen Idec a written statement of the Estimated Closing Date Inventory Value at least two (2) Business Days prior to the Closing Date.
If the Final Closing Date Inventory Amount equals the Estimated Closing Date Inventory Value, there shall be no payment pursuant to this Section 2.9(b).
No later than ten days prior to Closing, Seller will deliver to Buyer a statement based on the Company's unaudited balance sheet at October 31, 2000 reflecting the Adjusted Net Book Value calculated as of October 31, 2000 instead of as of the Closing Date ("Estimated Adjusted Net Book Value") and the estimated Closing Date Inventory Value calculated as of October 31, 2000 instead of as of the Closing Date ("Estimated Closing Date Inventory Value").
Subject to the post-closing adjustments paid pursuant to Section 2.6, the purchase price for the Shares (the "Purchase Price") will be the Estimated Adjusted Net Book Value, plus the Estimated Closing Date Inventory Value, plus U.S.$2,500,000 (the "Initial Purchase Price").
As consideration for the Purchased Assets, at the Closing, the Acquirer shall: (a) deliver or cause to be delivered to EPI the sum of $2,000,000 plus the Estimated Closing Date Inventory Value set forth in the statement referred to in Section 4.08(a) (together, the “Closing Consideration”) by electronic funds transfer of immediately available funds to the account specified by EPI; and 16 Certain portions of this Exhibit have been omitted pursuant to a request for confidentiality.
Buyer shall have delivered to Seller each of the items listed in Section 2.4.2(b) (and, for clarity, Seller shall have received the Closing Payment and the Estimated Closing Date Inventory Value in Seller’s bank account (the wire transfer for which shall be initiated as set forth in the last paragraph of Section 2.4.2(b)).