Slow Moving definition

Slow Moving means that the applicable Inventory is more than three hundred and thirty (330) days old.

Slow Moving means, with respect to Inventory, Inventory that has been owned by the Borrower or SDI Canada for the length of time after which such Inventory is required to be purchased by the customer under the Customer Contract relating to such Inventory.

Slow Moving means Parts Inventory held in excess of three years of usage.

Examples of Slow Moving in a sentence

• Non- Moving /Slow Moving items to be brought to the notice of management.

• Please read and follow the directions carefully!Step One: Is Your Offer in Compromise (OIC) "Processable?"(Note: The three questions below do not apply if your offer is based only on doubt as to liability.) STOPPLEASE DO NOT GO ANY FURTHER WITHOUT FIRST DETERMINING WHETHER OR NOT YOU ARE ELIGIBLE TO HAVE YOUR OFFER IN COMPROMISE PROCESSED AT THIS TIME.In order to determine whether or not you are eligible to have your offer in compromise processed, please answer the 3 questions below:YES NO1.

• AQUATIC ALGAE AND WEED CONTROLCopper Sulfate Crystal can be used in Slow Moving or Quiescent Bodies of Water, including: Lakes, Potable Water Reservoirs; Golf, Farm, Fish and Fire Ponds; Fish Hatcheries; and Crop and Non-Crop Irrigation Conveyance Systems, Ditches, Canals and Laterals.

• Any vehicle required to display a Slow- Moving Vehicle Emblem *When actual gross weight or registered gross weight is 7,500 pounds or less.

• Slow Moving and Dead Stock are valued at net realisable / scrap value.

More Definitions of Slow Moving

Slow Moving with respect to inventory shall mean all inventory in excess of the most recent total of twelve (12) months' external customer shipments in cases before the Closing Date, which slow moving inventory shall be valued at fifty percent (50%) of cost. The use of the term "obsolete" with respect to inventory shall mean all inventory where the most recent total of twelve (12) months before the Closing Date for all external customer shipments in cases is zero, except for newly introduced products, which obsolete inventory shall be valued at zero. The use of the term "damaged" with respect to inventory shall mean all inventory contributed by Xxxxx River which is ripped, torn, defaced or squashed, which damaged inventory shall be valued at zero. The term "obsolete" with respect to spare parts shall mean those spare parts which are no longer used in the production process, which obsolete spare parts shall be valued at zero.

Slow Moving means (a) with respect to parts, Inventory held in excess of three years of usage, and (b) with respect to all other Inventory, such holding times as shall be determined by the Agents in their Permitted Discretion.

Slow Moving means with respect to Inventory of Borrower, the amount of Inventory in any SKU in excess of the prior six months' sales of such SKU, with allowance for new products as determined by Lender.

Slow Moving means finished stock or work in progress in respect of which firm orders have been placed the implementation date for which is more than 1 (one) month after the effective date or the date of completion of the work in progress, or in respect of which no firm orders have been placed at all as at the effective date;

Slow Moving means, with respect to Inventory of Borrower, any Inventory for which there has been no order activity during the prior six (6) months and, based on the last twelve (12) months' sales activity, is projected not to sell within the next twelve (12) months. Slow Moving Inventory shall be calculated after each audit.

Slow Moving means Parts Inventory (or, if included in the Borrowing Base, Additional Inventory) held in excess of three years of usage.

Slow Moving means, as of any date of determination, any category of Inventory that has an amount equal to or in excess of 18 months supply for that category of Inventory; provided, however, that no category of Inventory for which the first date of sale has occurred within 12 months of any such date of determination shall be classified as "slow moving".