Raw Goods definition

Raw Goods means the raw goods and the work in process necessary to manufacture and assemble Finished Products.
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Raw Goods or “Raw Materials” means Inventory consisting of coffee beans that are acceptable to Lender in its sole discretion.
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Examples of Raw Goods in a sentence

  • If Company and the Purchaser cannot agree on the computed valuation of the Raw Goods, the parties will submit the issue to binding arbitration in accordance with the Indiana Rules on Alternative Dispute Resolution.

  • Within 15 days after the Closing, Company shall price and extend the physical counts of Raw Goods and report in writing to Purchaser the computed value of the Raw Goods.

  • The terms for payment of this portion of the Purchase Price are as follows: The Purchaser shall pay Company in cash an amount equal to the value of the undamaged, uncut Raw Goods inventory used in Company’s 2010 and 2009 model year production of recreational vehicles and on hand at Closing.

  • Purchaser shall pay Company in cash at Closing the amount of the Estimated Raw Goods Inventory Value.

  • The actual value of the Raw Goods will be based on a physical count on or near the Closing Date.

  • The Supplier and the Raw Goods set forth in this Agreement are considered legal and in full compliance.

  • The Final Raw Goods Inventory Value shall then be compared to the Estimated Raw Goods Inventory Value and the difference shall be remitted within 2 Business Days to and from the respective parties so that the total cash paid to Company for the Raw Goods.

  • The costs of the Raw Goods used in the computation shall be determined based on GAAP in the United States applied consistent with Company’s past practices.

  • None of the Raw Goods Inventory as of the Closing shall contain any Obsolete Inventory.

  • The Variable Cost Report represents the Seller s standard costs of the Finished Products, Raw Goods and components of the Business for 1997 exclusive of the portion of the Seller s standard costs related to fixed overhead.