Target Inventory Value definition

Target Inventory Value means, with respect to an Inventory Category, the product of the Target Inventory Level for that category and the price per unit for that category as indicated on Schedule A hereto.
Target Inventory Value means an aggregate Inventory Value of $225,000,000.
Target Inventory Value means $8,800,000.

Examples of Target Inventory Value in a sentence

  • If the Management Inventory Value is less than the Target Inventory Value in excess of 5%, Seller shall pay Buyer the difference between the Management Inventory Value and Target Inventory Value within 25 days of the Agreement Date.

  • If the Management Inventory Value exceeds the Target Inventory Value in excess of 5%, Buyer shall pay Seller the difference between the Management Inventory Value and Target Inventory Value within 25 days of the Agreement Date.

  • In the event that the Management Inventory Value is within 5% of the Target Inventory Value, no payment shall be due to Buyer or Seller relating to the same.


More Definitions of Target Inventory Value

Target Inventory Value shall be an amount of € 44,000,000 (in words: Forty-four Million Euros); and
Target Inventory Value means $4,500,000.00.
Target Inventory Value means the Target Fuel Inventory Value plus the Target Spare Parts Inventory Value.
Target Inventory Value means $750,000.00.
Target Inventory Value means $15,150,000.
Target Inventory Value means $[**]. “Tax” or “Taxes” means any and all U.S. federal, state or local, and any non-U.S. taxes, levies, imposts, tariffs, contributions, duties, or similar charge in the nature of tax, including income, franchise, property, sales, use, excise, customs, import and export, goods and services, employment, unemployment, real property, intangible property, tangible property, payroll, social security, employment, unemployment, estimated, value added, ad valorem, transfer, withholding, and other tax, including any interest, penalties and additions thereto. “Tax Act” means the Income Tax Act (Canada). “Tax Return” means any report, return, schedule, declaration or other information or filing supplied or required to be supplied to any Taxing Authority with respect to Taxes, including any amendment made with respect thereto. “Taxing Authority” means any Governmental Entity administering, assessing or collecting any Tax or Tax Return. “Territory” means each country in which Seller or any of its Affiliates has rights to the Product worldwide. “Third Party” means any Person other than Purchaser, Seller and their respective Affiliates. “Trademark Assignment Agreement” means the Trademark Assignment Agreement to be entered into at the Closing, substantially in the form of Exhibit G. “Trademark Rights” means any trademark, service mark, trade name, brand name, trade dress, logo, slogan or other designation of origin (or any combinations thereof), whether or not registered, and all registrations and applications thereof and all renewals thereof, together with all goodwill associated therewith and all common law rights thereto. “Transfer” means, for a Transferred Marketing Authorization in a country in the Territory, as applicable, (a) the assignment of rights relating to such Transferred Marketing Authorization for the Product in such country to Purchaser or Purchaser’s nominee in accordance with applicable Law and this Agreement or the applicable Ancillary Agreement; (b) to the extent such Transferred Marketing Authorization cannot be transferred because applicable Law requires the applicable Transferred Marketing Authorization transferee to apply in its own name for a
Target Inventory Value means an amount equal to Four Hundred Ninety Four Thousand Dollars ($494,000).