Manufacturing Inventory definition

Manufacturing Inventory means Inventory classified on any Loan Party’s balance sheet as manufacturing inventory in accordance with GAAP.

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Manufacturing Inventory means, in respect of a Seller, any packed inventory of Products for Commercialisation that is: (i) in finished form (save for any secondary packaging undertaken outside of a primary manufacturing site); (ii) beneficially owned by any member of that Seller’s Group; (iii) held at a primary manufacturing site; and (iv) not yet released by the qualified person at a primary manufacturing site, and excluding in each case, for the avoidance of doubt, any In-Market Inventory and Manufacturing Stocks;

Manufacturing Inventory means Inventory classified on any Loan Party’s balance sheet as manufacturing inventory in accordance with

Examples of Manufacturing Inventory in a sentence

• This cooperation and assistance shall include but not be limited to: (a) the return to Customer of relevant Manufacturing Specification materials or copies thereof, as appropriate; (b) the transfer of such Manufacturing Inventory and Special Inventory as Customer may request; and (c) the transfer of such Product specific tooling and equipment as Customer may request.

• Flextronics will use reasonable commercial efforts to return unused Manufacturing Inventory and Special Inventory to and to cancel pending orders for such inventory with its supplier, and to otherwise mitigate the amounts payable by Customer.

• Customer may, at its option, instruct Flextronics to ship, at Customer's expense, all or any portion of any Manufacturing Inventory or Special Inventory for which Customer has paid Flextronics to any location designated by Customer.

• Upon expiration or termination of this Agreement for any reason, Customer shall be responsible for the Product Inventory, Manufacturing Inventory, and Special Inventory in existence at the date of termination or expiration in the same manner as for cancellations as set forth in Section 4.3. Flextronics will take commercially reasonable steps to reduce Customer's liability under said section.

• Transfer Assistance shall include, but not be limited to: (a) the continued manufacture of Products by Flextronics after the termination or expiration date for a transition period and on terms mutually agreeable to the Parties; (b) the return to Customer of all Manufacturing Specification materials; (c) the transfer of all Product Inventory, Manufacturing Inventory, and Special Inventory for which Customer has compensated Flextronics; and (d) the transfer of any Product specific tooling and equipment.

• Personal property taxes, taxes on Inventory and Manufacturing Inventory, and all other taxes or charges on Company's property shall be paid by Company; and if such taxes or charges should be assessed to EMD, then Company shall pay to EMD all sums required to discharge such liability.

• Company shall be responsible for the obsolescence of all Manufacturing Inventory.

• The risk of loss of Manufacturing Inventory in EMD's possession shall be borne by EMD, and EMD shall obtain insurance coverage for loss or damage to such Manufacturing Inventory (subject to any amounts of self-insurance provided under the applicable insurance contract).

• Upon expiration or termination of this ------------------------ Agreement for any reason, Customer shall be responsible for the Product Inventory, Manufacturing Inventory, and Special Inventory in existence at the date of termination or expiration in the same manner as for cancellations as set forth in Section 4.3. Flextronics will take commercially reasonable steps to reduce Customer's liability under said section.

• Representatives of Buyers and Sellers shall jointly take an inventory for purposes of determining the physical count of the Store Inventory and Manufacturing Inventory (collectively the "Inventory") as of the Closing Date and the amount of the ▇▇▇▇▇ Cash as of the Closing Date in order to calculate the value of the Inventory and the ▇▇▇▇▇ Cash components of the Final Purchase Price.

More Definitions of Manufacturing Inventory

Manufacturing Inventory means any packed inventory of Products and/or products for Commercialisation that is: (i) in finished form (save for any secondary packaging undertaken outside of a Property); (ii) beneficially owned by any member of the Novartis Group; (iiii) held at a Property; and (iv) not yet released by the qualified person at a Property; and excluding in each case, for the avoidance of doubt, any In-Market Inventory and Manufacturing Stocks;

Manufacturing Inventory means and is limited to raw materials, goods in process and finished goods of a business primarily engaged in business activity classified as having a sector identifier, consisting of the first two digits of the six- digit North American Industry Classification System code number, of thirty-one, thirty-two or thirty-three.

Manufacturing Inventory means all articles purchased, received, or otherwise held for the purpose of being used, in whole or in part, in manufacturing, mining, combining, rectifying, or refining, and of all articles that were at any time manufactured or changed in any way by a manufacturer, either by mining, combining, rectifying, refining, or adding thereto.