Replenishment Inventory definition
Replenishment Inventory means Inventory that relates to a current customer program that will be in place for at least twelve (12) months after the Closing Date. The Replenishment Inventory as of December 6, 2010 is set forth on Section 1.1(d) of the Sellers’ Disclosure Schedule attached hereto. As of two (2) Business Days prior to the Closing Date, the Sellers shall update Section 1.1(d) of the Sellers’ Disclosure Schedule as of the close of business on the date which is four (4) Business Days prior to the Closing Date.
Replenishment Inventory shall have the meaning given to such term in the Transition Services Agreement.
Examples of Replenishment Inventory in a sentence
Prior to the First Inventory, Seller shall provide Buyer with a good faith estimate of the expected 340B Replenishment Inventory (the “340B Replenishment Inventory Report”) and a good faith estimate of the purchase price for the 340B Replenishment Inventory set forth in the 340B Replenishment Inventory Report.