Aggregate Inventory definition

Aggregate Inventory means, at any given time, the total of Products in units that Service Supplier has on hand at all of its storage and/or distribution facilities and that Service Supplier has on order from Customer.
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Aggregate Inventory means, at any given time, the total of Products in units that Cardinal Health has on hand at all of its storage and/or distribution facilities and that Cardinal Health has on order (excluding all cross-dock then on order and drop-ship Product (Brokerage)).
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Aggregate Inventory means, at any given time, the total of Products that Wholesaler has on hand at all of its storage and/or distribution facilities and that Wholesaler has on order from FHPC.
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Examples of Aggregate Inventory in a sentence

  • Wholesaler shall prepare inventory reports detailing the status of its Aggregate Inventory of Products by NDC number ("Inventory Reports") and, for the duration of this Agreement, provide FHPC with monthly Inventory Reports.

  • Distributor shall prepare inventory reports, by presentation, detailing the status of its Aggregate Inventory of Products (“Inventory Reports”) and movement of Products, including Distributor’s Net Sales and units sold (“Sales Reports”) by NDC number for the Term of this Agreement.

  • Upon completion of the Physical Inventory and the A/R Inspection, Buyer and the Rugged Liner Companies shall use their best efforts to agree upon the Aggregate Inventory Value and the Aggregate Accounts Receivable Value.

  • If such Aggregate Accounts Receivable Value is greater than Seven Hundred Fifty Thousand Dollars ($750,000), the Merger Consideration shall be increased by the amount that the Aggregate Inventory Value is greater than such amount.

  • Service Supplier shall prepare inventory reports detailing the status of its Aggregate Inventory of Products (“Inventory Reports”) and movement of Products (“Sales Reports”) by NDC number for the duration of this Agreement.

  • The determination of the Accounting Arbitrator will be final and binding, and the amounts determined by the Accounting Arbitrator will be the "Aggregate Inventory Final Closing Net Value" and/or the "Fixed Assets Final Closing Value," as applicable, for purposes of this Section 1.

  • If Seller and Buyer are able to resolve such disagreement, then, for purposes of this Section 1, the "Aggregate Inventory Final Closing Net Value" and the "Fixed Assets Final Closing Value" will be the amounts agreed by Seller and Buyer.

  • Aggregate Inventory Value will be determined by a physical inventory count and valuation conducted by Buyer not more than three days prior to the Closing Date (the "Physical Inventory") of the Products owned by Seller and subject to transfer to Buyer pursuant to this Agreement.

  • If such Aggregate Inventory Value is greater than One Million Eight Hundred Thousand Dollars ($1,800,000), the Merger Consideration shall be increased by the amount that the Aggregate Inventory Value is greater than such amount.

  • The aggregate loan advances against Eligible Inventory shall not exceed at any time the foregoing Inventory Sublimits or Subtotals or an Aggregate Inventory Sublimit of $10,000,000.00 (the “Inventory Caps”); provided however, notwithstanding the foregoing, the aggregate advances against Eligible Inventory shall not exceed in amount at any time the aggregate advances against Eligible Accounts.


More Definitions of Aggregate Inventory

Aggregate Inventory means, at any given time, the total of Products in units that McKesson has on hand at all of its storage and/or distribution facilities and that McKesson has on order from Prometheus.
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Aggregate Inventory. Aggregate Inventory" means, at any given time, the total amount of Products in units that (i) Cardinal has on hand at all of its storage and/or distribution facilities and (ii) Cardinal has on order from Connetics.
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Aggregate Inventory means, at any given time, the total amount of Products in units that (i) AmerisourceBergen has on hand at all of its storage and/or distribution facilities and (ii) AmerisourceBergen has on order from Connetics.
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Aggregate Inventory means, at any given time, the total of saleable Products in units that Distributor has on hand at all of its storage and/or distribution facilities and that Distributor has on order from Ligand.
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Aggregate Inventory means that portion of the Inventory consisting solely of Aggregate.
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Related to Aggregate Inventory

  • Obsolete Inventory means items that have expired, are redundant or damaged;

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • Inventory Value means the cost of property purchased by the trustee and the market value of other property at the time it became subject to the trust, but the trustee may use any value finally determined for the purposes of an estate or other transfer tax;

  • Excess Inventory means all Inventory and Special Inventory possessed or owned by Flextronics that is not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and forecast.

  • Eligible Inventory means and include Inventory, excluding work in process, with respect to each Borrower, valued at the lower of cost or market value, determined on a first-in, first-out basis, which is not obsolete, slow moving or unmerchantable as determined by Agent in its Permitted Discretion and which Inventory, based on such considerations as Agent may from time to time deem appropriate in its Permitted Discretion including whether the Inventory is subject to a perfected, first priority security interest in favor of Agent and no other Lien (other than a Permitted Encumbrance). Notwithstanding anything herein to the contrary, no Inventory shall be Eligible Inventory to the extent such Inventory was acquired by a Borrower pursuant to an entity creation under Section 7.12 or a Permitted Acquisition, unless Agent has (i) completed field examinations with respect to such Inventory, the results of which are satisfactory in form and substance to Agent in its Permitted Discretion or (ii) waived such restriction in its Permitted Discretion. In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform in all material respects to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is in transit (other than between one or more locations where Borrowers are permitted hereunder to maintain or store Inventory and such location is the subject of a Lien Waiver Agreement or a Processor’s Agreement, as applicable, unless such location is owned by Borrower); (c) is located outside the continental United States or at a location that is not otherwise in compliance with this Agreement; (d) constitutes Consigned Inventory (other than Consigned Inventory that is subject to a warehouseman’s waiver in form and substance satisfactory to Agent); (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Agent’s right to sell or otherwise dispose of such Inventory, unless Agent is a party to a Licensor/Agent Agreement with the Licensor under such License Agreement (or Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion); (g) at any time following seventy-five (75) days after the Closing Date (or such later date agreed to by Agent), is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Agent a Lien Waiver Agreement or a Processor’s Agreement, as applicable (or Agent shall have established reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion in an amount not to exceed the equivalent of three (3) months’ rental obligation with respect to such location); or (h) if the sale of such Inventory would result in the creation of a Receivable which, on the date of such sale, would fail to constitute an Eligible Receivable due to the operation of any of clauses (b), (c) or (e) – (p) of such definition.