Common use of Work in Process Clause in Contracts

Work in Process. The value of any repair orders which are in process at the opening of business on the Closing Date shall be the Company's actual cost for parts and labor for such orders as the Company shall have caused to be performed.

Appears in 1 contract

Sources: Stock Purchase Agreement (Sonic Automotive Inc)

Work in Process. The value of any repair orders --------------- which are in process at the opening of business on the Closing Date shall be the respective Company's actual cost for parts and labor for such orders as the respective Company shall have caused to be performed.

Appears in 1 contract

Sources: Stock Purchase Agreement (Sonic Automotive Inc)

Work in Process. The value of any repair orders which --------------- are in process at the opening of business on the Closing Date shall be the Company's actual cost for parts and labor for such orders as the Company shall have caused to be performed.

Appears in 1 contract

Sources: Stock Purchase Agreement (Sonic Automotive Inc)