Other Inventory definition
Examples of Other Inventory in a sentence
Payments by Purchaser shall be within thirty (30) days of the draw down of any such Other Inventory.
At the Closing, the Company shall consign its rights to the Other Inventory (as defined below) of the Business to the Purchaser for a period of at least ninety (90) days from the Closing Date.
Except as set forth on Schedule 5(r) of the Disclosure Schedule, since the Most Recent Fiscal Year End, NRM has not sold, transferred or assigned any Other Inventory to any Person or removed any Other Inventory from the Real Property where such Other Inventory is located, prior, in each instance to it being processed into or used in connection with Finished Goods Inventory.
The Other Inventory is of a type and quality usable and sellable in the ordinary course of business.
On or prior to the expiration of such ninety (90) day period, the Purchaser shall be entitled to purchase all or part of the remaining Other Inventory in bulk for a price and upon terms to be negotiated by the parties at such time.