Backlog Inventory definition

Backlog Inventory has the meaning set forth in Section 2.01(c).
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Backlog Inventory has the meaning set forth in Section 6.20.
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Backlog Inventory means the part of the Inventory that is for the production of parts and quantities in the Backlog, which, subject to change in the normal course of business to the Closing Date, will be included in the Purchased Inventory as of the Closing Date, and will be identified in Schedule 5.9 and valued therein, as updated to the Closing Date.
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Examples of Backlog Inventory in a sentence

  • If Purchaser does not elect to accept Seller’s offer to purchase such property or properties offered to Purchaser by Seller then the ▇▇▇▇ Right of First Offer shall expire as to the property or properties offered; provided that the property or properties offered are sold at the price or a higher price stated in the ▇▇▇▇ Offer Notice.

  • As set forth in Schedules 6 and 8.1 of this Agreement, a Demand Resource Provider submitting a DR ▇▇▇▇ Offer Plan shall identify as Planned Demand Resources in such plan all Demand Resources in excess of those that qualify as Existing Demand Resources.

  • Purchaser shall have a period of thirty (30) days after receipt of the ▇▇▇▇ Offer Notice within which to accept Seller’s offer to sell such property or properties by delivering written notice of such acceptance to Seller.

  • Promptly after the Closing Date, Buyer shall perform a physical stock-take to confirm the items in the Backlog Inventory and the Forecast Inventory.

  • The 30-Day Bank ▇▇▇▇ Offer Rate is published each day in the Australian Financial Review newspaper and can be monitored via Reuters BBSY screen.

  • In the event that NYSTRS shall fail to deliver the NYSTRS Acceptance as aforesaid, NYSTRS shall finally and conclusively be deemed to have declined to purchase the ▇▇▇▇ Members Company Interests on the terms set forth in the ▇▇▇▇ Offer and the rights and privileges granted to NYSTRS in this Section with regard to such ▇▇▇▇ Offer (as opposed to a subsequent ▇▇▇▇ Offer) shall be deemed null and void ab initio and of no further force or effect.

  • If Buyer wishes to request any adjustments to the items in the Backlog Inventory or the Forecast Inventory, Buyer shall include such request in the Closing Inventory Value Statement.

  • If such sale is not consummated within one (1) year from the date the ▇▇▇▇ Offer is first transmitted, then the ▇▇▇▇ Members shall be obligated to again comply with the provisions of this Section 8.4(c) for any subsequent sale.

  • Interest will be set at the weekly average 30-day Bank ▇▇▇▇ Offer Rate less 75 basis points (0.75% p.a.), resulting in a current rate of approximately 5.36% p.a. (as at 13 July 2000).

  • In the event that ▇▇▇▇ Offer Terms during the Letter of Intent Negotiation Period, then, after such perio In the event Tenant agrees to the Offer Terms within the Letter of Inte hereinabove described, then Tenant and Landlord will negotiate in good faith a agreement for the lease of the Expansion Space.Landlord shall not, during period immediately following Tenant's agreement to the Offer Terms (the "Lea lease, offer to lease or agree to lease the Expansion Space to any other party.

Related to Backlog Inventory

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

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

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.

  • Transferred Inventory has the meaning set forth in Section 2.2(a)(iii).