BONEPILE INVENTORY definition

BONEPILE INVENTORY refers to inventory (including applicable labour and overhead and other capitalized costs, if any) that is found (a) to be defective or otherwise does not conform to the applicable specifications (commonly known in the industry as "bonepile" ), and (b) with assembly dates less than ninety (90) days prior to the Applicable Closing Date, all of which is listed and located at the locations referred to on Schedule 1.1(113).
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BONEPILE INVENTORY refers to inventory (including applicable labour and overhead and other capitalized costs, if any) that is found (a) to be defective or otherwise does not conform to the applicable specifications (commonly known in the industry as “bonepile”), and (b) with assembly dates less than ninety (90) days prior to the Applicable Closing Date, all of which is listed and located at the locations referred to on Schedule 1.1(113).
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Related to BONEPILE INVENTORY

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

  • 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.

  • 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).

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.