Custom Inventory definition
Examples of Custom Inventory in a sentence
Furthermore, the parties acknowledge and agree that, in such an instance, Cardinal Health shall only stock a mutually agreed upon amount of such Custom Inventory for the Buyer.
If we stock inventory under this Agreement at your request (and agreed to by both of us) that we would not otherwise stock (“Custom Inventory”), you agree that, before substituting other inventory in place of such Custom Inventory, and upon termination or expiration of this Agreement for any reason, you will purchase the remaining Custom Inventory under the terms of this Agreement until it is depleted.
Immediately upon the finalization of the definitive report on the Post-Closing Inventory, the Purchaser will pay to the Seller the entire portion of the Holdback Amount to the extent that the Stock Inventory and the Custom Inventory as set forth on Schedule 1.1(b) at Closing ("Scheduled Closing Inventory") is the same as the Stock Inventory and the Custom Inventory as determined by the Post-Closing Inventory.
Cardinal Health agrees that it will inform Buyer whether any requested inventory would constitute Custom Inventory prior to stocking such inventory.
If Cardinal Health stocks inventory under this Agreement at Buyer’s request that Cardinal Health would not otherwise stock (“Custom Inventory”), Buyer agrees that, before substituting other inventory in place of such Custom Inventory, and upon the expiration or earlier termination of this Agreement for any reason, Buyer will purchase the remaining Custom Inventory under the terms of this Agreement until it is depleted.