Non-Hydrocarbon Inventory Sample Clauses

Non-Hydrocarbon Inventory. All inventory of the Refinery Business owned by the Seller Companies other than the Refinery Hydrocarbon Inventory (collectively, the “Refinery Non-Hydrocarbon Inventory”) that is at the Refinery or at other storage locations, including catalysts and precious metals (including catalyst and precious metals located in process units), chemicals, additives, spare parts, store stocks, supplies and consumables;
Sample 1
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Non-Hydrocarbon Inventory. All inventory used or held for use Primarily in the ownership or operation of the Terminals that is owned by the Seller Companies, other than the Terminals Hydrocarbon Inventory (collectively, the “Terminals Non-Hydrocarbon Inventory”), including chemicals, additives (excluding, in all cases, any Seller Companies’ proprietary fuel additives and any other Third Party proprietary additives), spare parts, store stocks, supplies and consumables;
Sample 1
Non-Hydrocarbon Inventory. The non-hydrocarbon Inventory shall be measured and valued in accordance with the procedure described in Section 6.13(c)(ii)(2) of the Disclosure Schedule.
Sample 1

Related to Non-Hydrocarbon Inventory

  • Inventories The Operator shall maintain detailed records of Controllable Material.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • Included Assets The Assets referred to in Section 1.1(a)(ii) shall include, without limitation, the following assets, properties and rights of Seller used directly or indirectly in the conduct of, or generated by or constituting, the Business, except as otherwise expressly set forth in this Agreement:

  • Title to Tangible Assets The Company and its Subsidiaries have good title to their properties and assets and good title to all their leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

  • Leased Assets The term "Leased Assets" shall have the meaning ascribed thereto in Section 3.6.

  • Remaining Inventories Xencor shall have the right to purchase from MorphoSys (or its Affiliate) all of the inventory of Licensed Products held by MorphoSys (or its Affiliate) as of the effective date of termination at a price equal to MorphoSys’ (or its Affiliate’s) fully burdened manufacturing cost, determined in accordance with GAAP.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • Physical Inventory Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests and promptly supply FINOVA with a copy of such accounts accompanied by a report of the value (calculated at the lower of cost or market value on a first in, first out basis) of the Inventory and such additional information with respect to the Inventory as FINOVA may request from time to time.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

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