Inventories definition

Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.
Inventories means all inventories, merchandise, goods, raw materials, packaging, labels, supplies and other personal property which are maintained, held or stored by or for the Company or any Company Subsidiary at the Closing, and any prepaid deposits for any of the same.
Inventories has the meaning set forth in Section 2.1(b).

Examples of Inventories in a sentence

  • The Inventories are reflected on the Interim Financial Statements and in the books and records of the Business on a basis consistent with past practice in all material respects.

  • Except as would not reasonably be expected to be material to the Business, taken as a whole, or the Transferred Subsidiaries, taken as a whole, the Inventories do not consist of any items held on consignment.

  • The Inventories reflected on the Interim Financial Statements are in good and merchantable condition in all material respects, are suitable and usable for the purposes for which they are intended and are in a condition such that they can be sold in the ordinary course of business.


More Definitions of Inventories

Inventories means all inventories of Seller, wherever located, including all finished goods, work in process, raw materials, spare parts and all other materials and supplies to be used or consumed by Seller in the production of finished goods.
Inventories means inventories, including raw materials, work-in-process, materials, components, finished goods, parts, accessories and supplies.
Inventories means all inventories of finished goods, tooling inventory, work in progress and raw materials relating to the Business, wherever situated.
Inventories means "Inventories" as defined by GAAP such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; medical supplies; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.
Inventories means, in respect of any Person, all inventories of such Person wherever located, including all finished goods, (whether or not held at any location or facility of such Person or in transit to or from such Person), work in process, raw materials, spare parts and all other materials and supplies to be used or consumed by the Person in production of finished goods.
Inventories all inventories of Seller, wherever located, including all finished goods, work in process, raw materials, spare parts and all other materials and supplies to be used or consumed by Seller in the production of finished goods. "IRS"--the United States Internal Revenue Service and, to the extent relevant, the United States Department of the Treasury.
Inventories as defined by GAAP such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; medical supplies; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.