Off-Balance-Sheet Inventory definition
Off-Balance-Sheet Inventory means the inventory described on the Off-Balance-Sheet Inventory Schedule, together with any other inventory that is the subject of any oral arrangements with vendors similar in nature to the arrangements described in item 35 of the Contracts Schedule.
Examples of Off-Balance-Sheet Inventory in a sentence
The Shareholders are required under Section 5.10 to disclose in the Contracts Schedule certain oral arrangements between the Company and certain of its vendors in respect of Off-Balance-Sheet Inventory.
After the date hereof, the Surviving Trust will, in the course of its and Broder’s usual and customary business practice, endeavor to sell such Off-Balance-Sheet Inventory to customers at market prices (including normal profit margins) in the ordinary course of business.