Saleable Inventory definition

Saleable Inventory means all of the Company’s parts and products intended for sale to third parties existing as of the Closing that are sold during the period beginning on the Closing and ending ninety (90) days after the Closing.

Saleable Inventory means all Merchandise that is first quality ------------------ inventory and all Merchandise located at the Stores (but not the Warehouses) that is less than first quality inventory but that is on the selling floor and is salable in the ordinary course, including samples and displays that are not Defective Merchandise.

Saleable Inventory means Inventory identified in A nnex H that (a) is in the physical condition to be sold to customers in

Examples of Saleable Inventory in a sentence

• At the Closing, Buyer shall pay Seller, in cash or immediately available funds, an amount equal to (i) Seven Hundred Twenty Thousand Dollars ($720,000.00), plus (ii) a portion of the Saleable Inventory Value equal to the Estimated Closing Saleable Inventory Value Payment (“Closing Purchase Price Payment”).

• If Buyer does not timely deliver a Buyer Objection, the Saleable Inventory Value provided for under the Adjustment Notice will be binding and conclusive concerning the parties.

• During that thirty-day period, Buyer shall provide Seller and Seller’s accountants and other advisors with reasonable access to the books, records, and other source materials Buyer used to calculate the Saleable Inventory Value, but Buyer will have no obligation to provide any materials covered by the attorney-client privilege or any work product, summaries, memorandums, or other analyses prepared by Buyer or on Buyer’s behalf.

• Buyer and Seller will each pay half of the Independent Auditor’s fees and costs relating to the determination of the Saleable Inventory Value, including the costs of any appraisers or other experts retained by the Independent Auditor to assist in determining the Saleable Inventory Value.

• If Seller does not timely deliver an Adjustment Notice, the Saleable Inventory Value set forth in the Buyer’s Calculation will be binding and conclusive concerning the parties.

More Definitions of Saleable Inventory

Saleable Inventory means all saleable (excluding all obsolete, worn or damaged merchandise) tennis and golf pro shop and other merchandise (excluding any XxXxxx merchandise) held for sale in the ordinary course of business of the Club.

Saleable Inventory means that portion of the Seller's total inventory as set forth in Exhibit G which has a remaining shelf life of not less than three (3) months and which is projected to be sold within the twelve (12) months following the date hereof based upon the projected sales volume of such inventory as set forth in Exhibit G.

Saleable Inventory means Inventory identified in Annex H that (a) is in the physical condition to be sold to customers in accordance with applicable Laws and Seller’s internal inventory policies as of the date of this Agreement, (b) has not been damaged, recalled and/or does not have a materially defective or damaged label, package or case, and (c) has no less than twelve (12) months shelf life remaining as of the Closing. “Saleable Inventory” excludes MOU Product.

Saleable Inventory means Amari's inventory that (i) is in good condition and undamaged and (ii) can be sold in usual commercial channels.

Saleable Inventory includes those Products that are current products, have a minimum of one-third of their shelf life remaining, continue to be in physically saleable condition, that are not demonstration units, and that were originally purchased by Guidant from MTI after June 30, 2001 (using the inventory reports described in Section 4(e)). The date of purchase of New Generation Products provided to Guidant pursuant to Section 4(a) hereof shall be based upon the date that the Products replaced by the New Generation Products were originally sold to Guidant.

Saleable Inventory means Distributor's entire inventory of Products except Products that are obsolete, have less than 90 days remaining shelf life, are not in good resaleable condition or are not in their original packaging.

Saleable Inventory means all inventory of the Products in condition acceptable to the trade customers and not more than 360 days old.