Common use of Inventory Clause in Contracts

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company as of December 31, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Amacore Group, Inc.), Securities Purchase Agreement (Amacore Group, Inc.), Securities Purchase Agreement (Amacore Group, Inc.)

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Inventory. All inventory of the Company Company, whether or not reflected in the Latest Balance Sheet, consists of a quality and quantity usable and salable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value in the Latest Balance Sheet or on the audited consolidated balance sheet accounting records of the Company as of December 31the Closing Date, 2007as the case may be. The quantities of each type item of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 6 contracts

Samples: Stock Purchase Agreement (BOQI International Medical, Inc.), Stock Purchase Agreement (China Liberal Education Holdings LTD), Stock Purchase Agreement (BOQI International Medical, Inc.)

Inventory. All inventory of the Company and the Subsidiaries consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31June 30, 20072002. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 4 contracts

Samples: Debenture Purchase Agreement (Halsey Drug Co Inc/New), Debenture Purchase Agreement (Halsey Drug Co Inc/New), Debenture Purchase Agreement (Halsey Drug Co Inc/New)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31, 20072006. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 4 contracts

Samples: Securities Exchange Agreement (Medical Media Television, Inc.), Securities Exchange Agreement (Medical Media Television, Inc.), Note Purchase Agreement (Medical Media Television, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31September 30, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Andover Medical, Inc.), Securities Purchase Agreement (MDwerks, Inc.), Securities Purchase Agreement (Andover Medical, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31June 30, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Ambient Corp /Ny), Securities Purchase Agreement (Ambient Corp /Ny), Securities Purchase Agreement (MDwerks, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31, 20072006. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Medical Media Television, Inc.), Stock Purchase Agreement (Medical Media Television, Inc.), Stock Purchase Agreement (Medical Media Television, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31, 20072009. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Global Diversified Industries Inc), Securities Purchase Agreement (Global Diversified Industries Inc)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31September 30, 20072010. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Net TALK.COM, Inc.), Securities Purchase Agreement (Net TALK.COM, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31September 30, 20072006. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Securities Purchase and Exchange Agreement (Medical Solutions Management Inc.), Note Purchase Agreement (Medical Media Television, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company as of December 31September 30, 20072013. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Redemption and Debt Restructuring Agreement (Vicis Capital, LLC), Redemption and Debt Restructuring Agreement (Net TALK.COM, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company as of December March 31, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Amacore Group, Inc.), Preferred Stock Purchase Agreement (Amacore Group, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December March 31, 20072006. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Security Agreement (Medical Solutions Management Inc.), Securities Purchase and Exchange Agreement (Medical Solutions Management Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31, 20072012. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Note Purchase Agreement (Ambient Corp /Ny), Restricted Stock and Warrant Purchase Agreement (Net TALK.COM, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company as of December 31, 20072009. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Amacore Group, Inc.), Securities Purchase Agreement (Amacore Group, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company as of December 31, 20072008. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Amacore Group, Inc.), Securities Purchase Agreement (Amacore Group, Inc.)

Inventory. All inventory of the Company Company, whether or not reflected in the Financial Statements, consists of a quality and quantity usable and salable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value in the Financial Statements or on the audited consolidated balance sheet accounting records of the Company as of December 31the Closing Date, 2007as the case may be. The quantities of each type item of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Infocure Corp), Stock Purchase Agreement (Edo Corp)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31June 30, 20072006. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Medical Media Television, Inc.)

Inventory. All inventory of the Company Companies, consists of a quality and quantity usable and salable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value in the Interim Balance Sheet, on the audited consolidated balance sheet accounting records of the Company Companies as of December 31the Closing Date or pursuant to the Working Capital Methodology, 2007as the case may be. The quantities All inventories not written off have been priced at the lower of each type of inventory (whether raw materialscost or market on a first in, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Companyfirst out basis.

Appears in 1 contract

Samples: Stock Purchase, Redemption and Contribution Agreement (Compass Group Diversified Holdings LLC)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.. (oo) [Intentionally Omitted] (pp)

Appears in 1 contract

Samples: Securities Purchase Agreement (Ambient Corp /Ny)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable saleable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be written written-off or written written-down to net realizable value on the audited consolidated balance sheet 1996 Balance Sheet. All inventories not written-off have been priced at the lower of the Company as of December 31cost or market on a first-in, 2007first-out basis. The quantities of each type of inventory (inventory, whether raw materials, work-in-process, process or finished goods) , are not excessive, but are reasonable and warranted excessive or deficient in the present circumstances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Open Market Inc)

Inventory. All inventory of the Company and its Subsidiaries consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-below standard quality, all of which have been or will be written off or written down to net realizable value in the Latest Balance Sheet or on the audited consolidated balance sheet accounting records of the Company or any Subsidiary as of December 31the Closing Date, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in as the present circumstances of the Companycase may be.

Appears in 1 contract

Samples: Stock Purchase Agreement (Compass Diversified Holdings)

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Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (MDwerks, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet accounting records of the Company as of December 31the Closing Date. All inventories not written off have been priced at the lower of cost or market on a first in, 2007first out basis. The quantities of each type item of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Dynamic Health Products Inc)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31, 20072008. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ambient Corp /Ny)

Inventory. All The inventory of the Company consists of raw materials and supplies, goods in process, and finished goods, all of which are fit for their respective intended uses and are not obsolete, damaged, adulterated, misbranded or defective and, in the case of finished goods, are of a quantity and quality and quantity usable useable and salable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on where the audited consolidated balance sheet failure of the Company as of December 31foregoing to be true and correct, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, individually or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Companyaggregate, has not had and would not reasonably be expected to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Inspire Pharmaceuticals Inc)

Inventory. All inventory of the Company and the Subsidiaries consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31September 30, 20072003. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Debenture and Share Purchase Agreement (Halsey Drug Co Inc/New)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company and its Subsidiaries as of December 31September 30, 20072009. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Net TALK.COM, Inc.)

Inventory. All inventory of the Company Company, whether or not reflected on the Financial Statements, consists of a quality and quantity usable and salable saleable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, which in all of which material respects have been or will be written off or written down to net realizable value on in the audited consolidated balance sheet of the Company as of December 31, 2007Financial Statements. The quantities of each type item of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Primoris Services Corp)

Inventory. All inventory of the Company and its Subsidiaries consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value in the Latest Balance Sheet or the Latest Audited Balance Sheet or on the audited consolidated balance sheet accounting records of the Company or any Subsidiary as of December 31the Closing Date, 2007as the case may be. The quantities All inventories not written off have been priced at the lower of each type of inventory (whether raw materials, work-in-process, cost or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Companymarket.

Appears in 1 contract

Samples: Stock Purchase Agreement (Compass Diversified Holdings)

Inventory. All inventory of the Company and its Subsidiaries consists of a quality and quantity usable and salable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be be, as applicable, written off or written down to net realizable value in the Audited Balance Sheet and on the audited consolidated balance sheet of the Company as of December 31, 2007Final Closing Balance Sheet. The quantities of each type item of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable in light of the Company’s experience and warranted in the present circumstances of the CompanyCompany and its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (K2m Group Holdings, Inc.)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31June 30, 20072008. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (OptimizeRx Corp)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value in the Financial Statements. All inventories not written off have been valued on the audited consolidated balance sheet Financial Statements at the lower of the Company as of December 31cost or net realizable value on a first in, 2007. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Companyfirst out basis.

Appears in 1 contract

Samples: Stock Purchase Agreement (Birch Telecom Inc /Mo)

Inventory. All inventory of the Company consists of a quality and quantity usable and salable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited unaudited consolidated balance sheet of the Company and its Subsidiaries as of December 31September 30, 20071997. The quantities of each type of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the Company.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Halsey Drug Co Inc/New)

Inventory. All inventory of the Company Companies consists of a quality and quantity usable and salable in the ordinary course Ordinary Course of businessBusiness, except for obsolete items and items of below-standard quality, all of which have been or will be written off or written down to net realizable value on the audited consolidated balance sheet of the Company as of December 31, 2007. The quantities of each type item of inventory (whether raw materials, work-in-process, or finished goods) are not excessive, but are reasonable and warranted in the present circumstances of the CompanyCompanies.

Appears in 1 contract

Samples: Stock Purchase Agreement (Thor Industries Inc)

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