Operational Inventory definition

Operational Inventory means all Inventory located at the Facility and which are not, or are not components of, work-in-progress or finished goods, other than Inventory specifically listed as Excluded Assets.
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Examples of Operational Inventory in a sentence

  • Except for Inventory consigned to Seller by Buyer, each item of the Equipment Part Inventory and Operational Inventory is to Seller’s Knowledge, free of any material defect or other deficiency.

  • All of such Equipment Part Inventory and Operational Inventory is located at the Facility and no such Equipment Part Inventory or Operational Inventory is held on a consignment basis except for that received from or on behalf of Buyer.

  • Schedule 4.4 of the Seller Disclosure Schedule sets forth the Equipment Part Inventory and Operational Inventory and the stock value of the Equipment Part Inventory for the first nine months of 2010 (calculated by aggregating the simple moving average of the purchase price of individual line items of Equipment Part Inventory), subject to repair and replacement in the Ordinary Course of Business.

  • The price at which the affected User shall sell its Operational Inventory pursuant to this Article 4.3, shall be the Monthly Market Price of the relevant Month increased by 30%.

  • The other Users automatically agree to purchase such Operational Inventory pursuant to the Sale and Purchase Agreement entered into by each affected User.