The Book Value of any item shall be determined as of Bank Closing after adjustments made by the Receiver for differences in accounts, suspense items, unposted debits and credits, and other similar adjustments or corrections and for setoffs, whether voluntary or involuntary. If at any time the actual vehicle to be delivered is valued less than the original Black Book Value provided (due to differences in estimate vs.īook Value means, with respect to any Asset and any Liability Assumed, the dollar amount thereof stated on the Accounting Records of the Failed Bank.
#BLACK BOOK TRUCK VALUE PLUS#
The Contractor must provide James City County with a printout of the Black Book Value that show the value posted on the date of James City County’s inquiry to purchase the vehicle and must be a true representation of the vehicle requested.įor purposes of this paragraph, “RTO Floor Plan Value” means the Black Book Value for a motor vehicle plus Six Hundred Dollars ($600).īlack Book Value: The National Auto Research, Black Book®, Used Car & Light Truck Value/Price Point, Virginia Weekly Wholesale Clean Value with the applicable adjustments made for mileage and optional equipment will be used to determine the “ Black Book Value” of the vehicle.
Pricing:a) Black Book Value: the National Auto Research, Black Book®, Used Car & Light Truck Value/Price Point Virginia Weekly Wholesale Clean Value with the applicable adjustments made for mileage and optional equipment will be used to determine the “ Black Book Value” of the vehicle. User Personnel Contact: At no time are user personnel authorized to provide construction criteria or information directly to the Contractor's construction crew. The Contractor must provide the Ordering Agency with a printout of the Black Book Value that shows the value posted on the date of the Ordering Agency’s inquiry to purchase the vehicle and must be a true representation of the vehicle requested. The Vendor must provide James City County Director of Fleet & Equipment with a printout of the Black Book Value and CARFAX report for the vehicle(s) being purchased. The Selling Price shall be determined by subtracting the Differential from the Black Book Value, Used Car & Truck Value/Price Point Virginia Weekly Wholesale Clean Value.įor example, if the Black Book Value is $18,500 and the Differential bid is -3.0%, then the contract selling price will be $17,945.
Examples of Black Book Value in a sentence
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