Open Purchase Orders definition

Open Purchase Orders means all purchase orders or other commitments issued by Seller or any of the other Designated Sellers before the Closing Date for the supply of tangible assets (including inventory) and services for use in the Business.

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Open Purchase Orders means, with respect to any Closing, all purchase orders or other commitments issued by Seller or any of its Affiliates before such Closing Date for the supply of tangible assets (including inventory) and services (including maintenance and other incidental services but excluding design services) to or for use in the part of the Operations that is then being transferred and assigned by the Seller or the Designated Seller and assumed by the Purchaser or the relevant Designated Purchaser to the extent that such tangible assets have not already been supplied and accepted or services performed, respectively, to such part of the Operations on or prior to the Effective Time for such Closing.

Open Purchase Orders shall have the meaning ascribed thereto in Item 14 of Section 2.1(a)(iii) of the Seller Disclosure Letter.

Examples of Open Purchase Orders in a sentence

Notwithstanding the foregoing, the Seller shall be entitled to terminate any Open Purchase Orders and the purchase orders relating to contract workers, with notice to the Purchaser.
Buyer shall be liable only for contracts expressly assumed by Buyer pursuant to the Assignment attached hereto as Exhibit D, and only those current payables existing at the Close of Escrow, including the Open Purchase Orders which are listed on Exhibit G hereto, and shall be responsible for the payment thereof following the Closing.
Agent shall not warrant the Merchandise or Inventory under Open Purchase Orders in any manner, but will, to the extent legally permissible, pass on all manufacturers’ warranties to customers.
In the event of a loss to the Merchandise or Inventory under Open Purchase Orders on or after the date of this Agreement, the proceeds of such insurance attributable to the Merchandise shall constitute Proceeds hereunder, and the proceeds of such insurance attributable to the Inventory under Open Purchase Orders shall constitute Other Proceeds.
Buyer and Seller agree that the Closing Inventory Balance will include Inventory purchased by Seller pursuant to Open Purchase Orders.
Agent shall have no cost, expense or responsibility in connection with any goods not included in Merchandise or that are not Inventory under Open Purchase Orders.
All Additional Agent Goods shall be of like kind and no lesser quality to the Merchandise or Inventory under Open Purchase Orders located in the Stores.
The Agent shall clearly ▇▇▇▇ all receipts for the Merchandise and Inventory under Open Purchase Orders sold at the Stores during the Sale Term so as to distinguish such Merchandise and Inventory under Open Purchase Orders from the goods sold prior to the Sale Commencement Date.
Sales of Additional Agent Goods shall be run through Merchant’s or Buyer’s cash register systems, provided however, Agent shall ▇▇▇▇ the Additional Agent Goods using either a “dummy” SKU or department number, or in such other manner so as to distinguish the sale of Additional Agent Goods from the sale of Merchandise and Inventory under Open Purchase Orders.
Buyer's acquisition of the Property will be subject to liabilities only for current payables incurred in the ordinary course of Seller's business, including the Open Purchase Orders, and for property taxes all as set forth in Exhibit G.

More Definitions of Open Purchase Orders

Open Purchase Orders means Contracts with Business Customers or under purchase orders, offers to purchase or other purchase requests or commitments (such as RFQs) with Business Customers related exclusively to the Business and issued to Atmel Sarl for products manufactured and sold in the Business that remain unfulfilled or for which invoices have not been issued and products not yet shipped as of the Closing Date.

Open Purchase Orders has the meaning assigned in Section 7.4. -------------------- -----------

Open Purchase Orders has the meaning set forth in subparagraph (q) of the definition of Excluded Liabilities.

Open Purchase Orders shall have the meaning specified in Section 4.13(c) of this Agreement.

Open Purchase Orders means purchase orders numbers 101121, 100910, ---------------------- 101122, 300031, 101200, 101330, 101471, 101477, 101478 and 101479 placed by Synbiotics with lntervet for delivery of an aggregate of 800,000 doses of bulk FeLV Product pursuant to the Merial Europe Agreement and 4,400,000 doses of bulk FeLV Product pursuant to the Merial USA Agreement. The term "Open Purchase Orders" includes the contracts represented thereby.