Product Inventory definition

Product Inventory means all inventory of the Product owned by Seller or its Affiliates as of the Closing, including raw materials, work-in-process, bulk form drug and finished Product.

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Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

Product Inventory means all items of the Sellers’ inventory purchased, acquired or held exclusively for the Business, including materials, work-in-process at the Site, finished products manufactured at the Site, C4 and C5 Olefins, MTBE, methanol, crude and finished butadiene and catalysts or other products or chemicals used in the processing and manufacture of crude butadiene, C4 and C5 Olefins and MTBE, in each case (except with respect to work-in-process) wherever located, in transit, stored off-site or at the Site or in the Facilities.

Examples of Product Inventory in a sentence

• Subject to Section 4.2, in connection with establishing the Target Product Inventory for each Product Group, the Parties agree to follow the procedures set forth on Schedule F.

• Executive shall be entitled to twenty (20) days’ paid vacation and five (5) paid sick days in accordance with the Company’s policies.

• Upon Closing, Seller shall sell, transfer, assign, convey and deliver, or shall cause to be sold, transferred, assigned, conveyed and delivered to Buyer, the Product Inventory.

• Upon expiration or termination of this Agreement for any reason, Customer shall be responsible for the Product Inventory, Manufacturing Inventory, and Special Inventory in existence at the date of termination or expiration in the same manner as for cancellations as set forth in Section 4.3. Flextronics will take commercially reasonable steps to reduce Customer's liability under said section.

• For any Product Inventory maintained and managed by Flextronics in excess of Customer's Forecast and the Product Inventory buffer because of Customer's failure to take delivery of Product in accordance with its forecast, Customer shall pay Flextronics an inventory fee of one (1%) percent of the Product price for two four-week periods and one five-week period during each Quarter, starting on the Effective Date.

More Definitions of Product Inventory

Product Inventory means Cardene Product Inventory and Retavase Product Inventory.

Product Inventory means Inventory consisting of Product.

Product Inventory all inventory owned as of the Closing Date by the Company and its Subsidiaries (including sample inventory) thereof of finished Product or works in progress or materials used in the manufacture of finished Product, whether held at a location or facility of the Company and its Subsidiaries (or of any other Person on behalf of the Company or its Subsidiaries) or in transit to or from the Company or its Subsidiaries.

Product Inventory means, collectively, the quantity of natural gas, natural gas liquids and other products that are owned by the Acquired Companies (other than the Javelina Partnerships) and, to the extent of the Javelina Percentage Interest, the Javelina Partnerships as of the Effective Time, whether held in storage facilities, pipelines, fractionators or other facilities, including imbalances; but excluding line fill, tank bottoms, and cushion, pad and retainage products.

Product Inventory means the NX1838 and Product inventory, in bulk or finished form, which Gilead Controls as of the Effective Date, as identified in Exhibit C attached hereto.

Product Inventory means, as of the applicable determination time, (a) all of the Product that is in a finally packaged form for distribution to end users with all legally required warnings, labeling and packaging, (b) all active pharmaceutical ingredients, and (c) all work-in-progress materials (meaning bulk tablets and blisters) and raw materials (including raw materials utilized for the manufacture of active pharmaceutical ingredients (including precursors and starting material, excipients and reagents)) and components (including excipients, inserts, labels and packaging materials), in the case of each of clauses (a) through (c), Related to the Program Business and that is owned by Seller or one of its Affiliates. Notwithstanding the foregoing or anything to the contrary in this Agreement, Product Inventory shall not include any Excluded Inventory.

Product Inventory has the meaning set forth in Section 2.1(h).