Inventory and Supplies definition

Inventory and Supplies means inventory and stock in trade, per IFRS, including (but not limited to) (i) items purchased for resale or use in the production of items for sale;
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Inventory and Supplies means all inventory and supplies that are used, held for use or useful solely or primarily in connection with the operation of the Business, including without limitation, raw materials, work-in-progress and finished goods, inventory and supplies in transit or on consignment and any and all other supplies stored, kept or maintained by or on behalf of Seller and its Subsidiaries, wherever located.
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Inventory and Supplies means all raw materials, work in progress, and finished product, and all packaging materials located at the Plant or the Warehouse Space on the Closing Date, including “In Progress” assets, but excluding any Excluded Assets. The Inventory and Supplies shall be counted and valued as set forth in Section 6.3 below.
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Examples of Inventory and Supplies in a sentence

  • Fuel Inventory and Supplies We state fuel inventory and supplies at average cost.

  • The Central Inventory and Supplies Manager is responsible for all aspects of Shipping/Receiving in the Central Garage.

  • Percentage of surviving peers unaffected by churn 1% join+fail per second 2% join+fail per second 5% join+fail per second100 Percentage of peers (cumulative distribution)80 60 40 20 00 5 10 15 20 25Stream lag (s) Figure 12: Percentage of surviving peers that received a clear stream during and after 10 seconds of churn.

  • BOX 1 Total Value of Inventory and Supplies Project Animal Inventory 4H ASR 51 Initial Animal Inventory Closing Animal Inventory Indentification of Animal Date Obtained Startin g Weigh t Starting Price or Value Comparison Price (Market Value) Kept Sold Name & Color ID Reg.

  • Promptly following the Effective Date, to the extent the Program Inventory and Supplies still exists and to the extent it is able to under the terms of the Xxxxxxx Agreement, Licensor shall (or shall cause Xxxxxxx to) assign, transfer and deliver the Program Inventory and Supplies to Dermira, and shall cause Xxxxxxx to take such additional steps and execute such additional documents as Dermira may reasonably request in order to effect such assignment, transfer and delivery.

  • Rig Inventory and Supplies Inventories primarily consist of replacement parts and supplies held for use in the operations of the Company.

  • NOTE 6: Inventory and Supplies 20082007Rough diamond inventory$17,097$17,648Merchandise inventory254,101228,157Supplies inventory51,03027,931Total inventory and supplies$322,228$273,736NOTE 7: Deferred Mineral Property Costs 20082007AccumulatedNetAccumulatedNetCostamortizationbook valueCostamortizationbook valueDiavik Mine$271,316$91,326$179,990$265,217$77,159$188,058The Company holds a 40% ownership interest in the Diavik group of mineral claims, which contains commercially mineable diamond reserves.

  • Inventory and Supplies: Inventory and supplies for the home occupation shall not occupy more than fifty percent (50%) of the permitted area.

  • Except as otherwise expressly permitted herein, between the date of this Agreement and the Closing Date, Seller shall not, without the prior written consent of Precept, make any modification to any material Assumed Agreement, or allow the quality of the Brands or levels of raw materials, bulk wine, supplies or other materials included in the Inventory and Supplies to vary materially from the levels customarily maintained.

  • A physical count of actual quantities of Merchandise Inventory and Supplies Inventory will be taken by the Independent Auditor as close as practicable to the Cut-over Time.


More Definitions of Inventory and Supplies

Inventory and Supplies has the meaning set forth in ss. 2.1.5 below.
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Inventory and Supplies means all inventory and supplies ordered by or owned by Seller that are used or will be used in the Business, for which payments (full or part) have been made or bills (full or part) for the payment thereof have been submitted to Seller or the Business, all in "as-is condition," excepting therefrom products located at Creative Beauty Innovators, Inc., Carollton, Texas for which payment in full has not been made as of the date hereof.
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Inventory and Supplies as defined in Section 1.1.
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Inventory and Supplies has the meaning set forth in Section 2.1.5 below.
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Related to Inventory and Supplies

  • 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.

  • 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.

  • 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.

  • Machinery and equipment means machinery used in manufacturing establishments and computers except point-of-sale equipment as defined in Iowa Code section 427A.1. The term does not include computer software.

  • 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).

  • Excluded Inventory shall have the meaning set forth in Section 2.1(c).

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

  • Inventory Tracking System means the required tracking

  • Transferred Inventory shall have the meaning set forth in Section 1.1(c).

  • Qualified machinery and equipment means all new industrial

  • Transit means the passage of a third country national or a stateless person through the territory of the Requested State while travelling from the Requesting State to the country of destination;

  • Inventory Formula Amount means, with respect to any item of Eligible Inventory and at any time of determination, the lesser of (a) 65% of the lower of cost and market of such Inventory and (b) 85% of the Net Orderly Liquidation Value of such Inventory.

  • Eligible Inventory means and include Inventory of a Borrower, excluding work in process, valued at the lower of cost or market value, determined on a first-in-first-out basis, which is not, in Administrative Agent’s Permitted Discretion, obsolete, slow moving or unmerchantable and which Administrative Agent, in its Permitted Discretion, shall not deem ineligible Inventory, based on such considerations as Administrative Agent may from time to time deem appropriate including whether the Inventory is subject to a perfected, first priority security interest in favor of Administrative Agent and no other Lien (other than a Permitted Encumbrance). In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is Foreign In-Transit Inventory or in-transit within the United States; (c) is located outside the continental United States; (d) constitutes Consigned Inventory; (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 Administrative Agent’s right to sell or otherwise dispose of such Inventory, unless Administrative Agent is a party to a Licensor/Administrative Agent Agreement with the Licensor under such License Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its sole discretion); (g) is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Administrative Agent a Lien Waiver Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its Permitted Discretion); or (h) or if the sale of such Inventory would result in an ineligible Receivable.

  • Eligible Finished Goods Inventory means Eligible Inventory consisting of finished goods available for sale (as determined in a manner acceptable to the Administrative Agent in its Permitted Discretion and consistent with past practices).

  • 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.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Locations mean one or more of the healthcare or other facilities owned by the Borrower on the Property as identified on Schedule 1.1(a) hereto.

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Port Cargo Handling Equipment means rubber-tired gantry cranes, straddle carriers, shuttle carriers, and terminal tractors, including yard hostlers and yard tractors that operate within ports.

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Consumables means all items which are consumed in the execution of the Work, without being directly incorporated in the Work, such as fuel, electricity, water, POL, welding rods, electrodes and utilities.

  • Farm equipment means equipment used directly for farming

  • Major medical equipment means medical equipment which is used for the provision of medical and other health services and which costs in excess of the capital expenditure minimum, except that such term does not include medical equipment acquired by or on behalf of a clinical laboratory to provide clinical laboratory services if the clinical laboratory is independent of a physician's office and a hospital and it has been determined under Title XVIII of the Social Security Act to meet the requirements of paragraphs (10) and (11) of Section 1861(s) of such Act. In determining whether medical equipment has a value in excess of the capital expenditure minimum, the value of studies, surveys, designs, plans, working drawings, specifications, and other activities essential to the acquisition of such equipment shall be included.