Merchandise and Consumables Inventory definition

Merchandise and Consumables Inventory means Inventory owned by a Borrower, a Guarantor or any of their Subsidiaries, other than Rental Equipment held for sale or rental, including, without limitation, parts for Rental Equipment, parts to be sold, parts to be installed on Rental Equipment (which parts are not then incorporated or installed in or on, or affixed or appurtenant to, any such Rental Equipment), and Inventory for the contractors supply business of the Obligors.
Merchandise and Consumables Inventory means Inventory owned by a Grantor, other than Rental Equipment held for sale or rental, including, without limitation, parts for Rental Equipment, parts to be sold, parts to be installed on Rental Equipment (which parts are not then incorporated or installed in or on, or affixed or appurtenant to, any such Rental Equipment), and Inventory for the contractors supply business of the Grantors.

Examples of Merchandise and Consumables Inventory in a sentence

  • If any Merchandise and Consumables Inventory ceases to be Eligible Merchandise and Consumables Inventory, then such Merchandise and Consumables Inventory shall promptly be excluded from the calculation of Eligible Merchandise and Consumables Inventory.

  • The undersigned hereby certifies, as of the date first written above, that, (a) the amounts and calculations herein and in the supporting information attached hereto accurately reflect the Eligible Merchandise and Consumables Inventory of the U.S. Obligors and (b) the amounts and calculations herein and in the supporting information attached hereto accurately reflect the Eligible Rental Equipment of the U.S. Obligors and Canadian Obligors, in each case other than in any immaterial respect.

  • Notwithstanding anything herein to the contrary, a Reserve shall not be established to the extent that such Reserve would be duplicative of any specific item excluded as ineligible in the definitions of Eligible Merchandise and Consumables Inventory or Eligible Rental Equipment, but the Agent shall retain the right, subject to the requirements of this paragraph, to establish Reserves with respect to prospective changes in eligible Collateral that are likely to occur.

  • If the Agent deems any Merchandise and Consumables Inventory ineligible in its Reasonable Credit Judgment (and not based upon the criteria set forth above), then the Agent shall give the Borrowers’ Agent two (2) Business Days’ prior notice thereof (unless an Event of Default exists, in which event no notice shall be required).

Related to Merchandise and Consumables Inventory

  • 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).

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • 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).

  • 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.

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • 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.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Finished Products means the fully assembled and shrink-wrapped Licensed Products, each including a Game Cartridge, Game Cartridge label and Printed Materials.

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • 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.

  • School equipment means a durable school-owned machine, equipment, or tool used by a student as part of an activity, course, or program in a secondary school and includes a saw or 3D printer. “School equipment” includes a saw or 3D printer.

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

  • Tooling means tools funded or provided by the Buyer.

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Spares means a part or a sub-assembly or assembly for substitution which is ready to replace an identical or similar part or sub-assembly or assembly including a component or an accessory;

  • Finished Services means complete end-to-end services offered by Qwest to wholesale customers or retail End User Customers. Finished Services do not include Unbundled Network Elements or combinations of Unbundled Network Elements. Finished Services include Access Services, private lines, retail services, and resold services.

  • Merchandise means any personal property offered or sold for use in connection with the funeral, final disposition, memorialization, or interment of human remains, but which is exclusive of interment rights.

  • shipped includes removal from the work sites by ship or any other means;

  • 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.

  • Spare Parts has the meaning assigned to such term in the Pledge and Security Agreement.

  • Back Ordered Products If product is not expected to ship within the time provided to the TIPS member by the Vendor, customer is to be notified within 3 business days and appropriate action taken based on customer request. Vice-President of O 3/28/19 Xxxxxxxx Xxxxxx perations erations The Interlocal Purchasing System (TIPS Cooperative) Supplier Response Bid Information Contact Information Ship to Information Bid Creator Xxxx Xxxxxx General Address Region VIII Education Address Counsel/Procurement Service Center Compliance Officer 0000 XX Xxxxxxx 000 Email xxxx.xxxxxx@xxxx-xxx.xxx North Contact Phone (000) 000-0000 Pittsburg, TX 75686 Fax Contact Xxxxxxx Xxxxxxx, Department Contracts Compliance Building Bid Number 190101 Specialist Title Safety Equipment, Supplies Floor/Room and Services Department Telephone Bid Type RFP Building Fax Issue Date 1/7/2019 08:01 AM (CT) Email Close Date 2/15/2019 03:00:00 PM (CT) Floor/Room Telephone +0 (000) 000-0000 Fax +0 (000) 000-0000 Email xxxx@xxxx-xxx.xxx Supplier Information Company Northern Imports (Work Wear Safety Shoes) Address 6318 Airport Freeway Suite C Fort Worth, TX 76117 Contact Department Building Floor/Room Telephone (000) 000-0000 Fax (000) 000-0000 Email Submitted 2/13/2019 11:58:28 AM (CT) Total $0.00 By submitting your response, you certify that you are authorized to represent and bind your company. Signature Xxxxxx X Xxxxxxxx Email xxxxx.xxxxxxxx@xxxxxxxxxxxxx.xxx Supplier Notes Work Wear Safety Shoes has enjoyed our vendor relationship with TIPS Coop and the governmental agencies that have used the TIPS Coop to make safety boot purchases. By submitting this bid we seek to strengthen and grow our business with the TIPS Coop. Thank you for the business! Xxxxxx X Xxxxxxxx Bid Notes Bid Activities Bid Messages Bid Attributes Please review the following and respond where necessary # Name Note Response 1 Yes - No Disadvantaged/Minority/Women Business Enterprise - D/M/WBE (Required by some participating governmental entities) Vendor certifies that their firm is a D/M/WBE?Vendor must upload proof of certification to the ”Response Attachments” D/M/WBE CERTIFICATES section. NO 2 Yes - No Historically Underutilized Business - HUB (Required by some participating governmental entities) Vendor certifies that their firm is a HUB as defined by the State of Texas at xxxxx://xxxxxxxxxxx.xxxxx.xxx/purchasing/vendor/hub/ No or in a HUBZone as defined by the US Small Business Administration at xxxxx://xxx.xxx.xxx/offices/headquarters/ohp Proof of one or both may be submitted. Vendor must upload proof of certification to the “Response Attachments” HUB CERTIFICATES section.

  • Rental Equipment means tangible personal property sold, rented, leased, or licensed to customers to the extent that the item is actually used by the customer for rental, lease, or license to others; provided that:

  • Mobile x-ray equipment means x-ray equipment mounted on a permanent base with wheels and/or casters for moving while completely assembled.

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

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Qualified machinery and equipment means all new industrial