Pharmaceutical Inventory definition
Examples of Pharmaceutical Inventory in a sentence
Notwithstanding any restrictions in this Agreement or the Transaction Documents to the contrary, Seller shall have the right, following the Closing, to sell the Seller’s remaining Short Dated Pharmaceutical Inventory that exists as of the Closing Date.
If Seller is unable to sell any amount of the Short Dated Pharmaceutical Inventory to a third party within 15 days following the Closing Date, Seller shall deliver such Short Dated Pharmaceutical Inventory to Buyer.
If the Actual Pharmaceutical Value is equal to or less than the Normal Pharmaceutical Inventory Level minus the Base Pharmaceutical Inventory Credit, then SUPERVALU shall not be entitled to any payment under this Section 1.10(b).
Seller Parties shall promptly, and in no event later than five days after receipt, turn over to Buyer any collections received by Sellers on account of the Accounts Receivable or of any other goods sold (including Pharmaceutical Inventory) or services rendered in the operation of the Business prior to or after Closing.
The parties shall cooperate in good faith to (a) satisfy such rules and regulations as promptly as possible after the Effective Date, and (b) to cause for the ordinary and efficient transfer of the Patient Records and Pharmaceutical Inventory.
Excess Pharmaceutical Inventory ..........................................................
Seller Parties shall promptly, and in no event later than five days after receipt, turn over to Buyer any collections received by Seller on account of the Accounts Receivable or of any other goods sold (including Pharmaceutical Inventory) or services rendered in the operation of the Business prior to or after Closing.
The term “Sellers’ Collections” shall mean all cash collections of Seller Parties (including those assigned to Seller Parties from any Clinical Provider) attributable to professional medical and other healthcare services rendered in the operation of the Business, but excluding all amounts received (i) directly from a patient, (ii) on account of goods sold (including Pharmaceutical Inventory) to a patient, and (iii) from an employer for services rendered to its employee.
The term “Seller’s Collections” shall mean all cash collections of Seller Parties (including those assigned to Seller Parties from any Clinical Provider) attributable to professional medical and other healthcare services rendered in the operation of the Business, but excluding all amounts received (i) directly from a patient, (ii) on account of goods sold (including Pharmaceutical Inventory) to a patient, and (iii) from an employer for services rendered to its employee.
Seller Parties shall promptly, and in no event later than five days after receipt, turn over to Buyer any collections received by Seller Parties on account of the Accounts Receivable or of any other goods sold (including Pharmaceutical Inventory) or services rendered in the operation of the Business prior to or after Closing.