Definition of Pre-Closing Inventory

  1. Pre-Closing Inventory means, regardless of where located, (i) all raw materials used in the manufacture of the Toner Products owned by the Seller and (ii) all partially completed and finished Toner Products owned by the Seller, in each case, as of August 31, 2010.

Definition of Pre-Closing Inventory in Asset Purchase Agreement

Pre-Closing Inventory means, regardless of where located, (i) all raw materials used in the manufacture of the Toner Products owned by the Seller and (ii) all partially completed and finished Toner Products owned by the Seller, in each case, as of August 31, 2010.