Short-Dated Inventory definition
Short-Dated Inventory means Dermatology Products inventory that is scheduled to expire within six (6) months.
Short-Dated Inventory means, at any time, Inventory of Borrower having an expiration date of less than twelve (12) months from such time.
Short-Dated Inventory means, at any time of determination, Inventory having an expiration date of less than twelve (12) months from such date.
Examples of Short-Dated Inventory in a sentence
If Buyer and Sellers do not agree upon such a value, the Short-Dated Inventory shall be an Excluded Asset and shall be properly destroyed or disposed of by Sellers or Buyer at Sellers’ expense.
Between the Effective Date and the Closing, Buyer and Sellers shall negotiate in good faith to determine a fair value of the Short-Dated Inventory.
More Definitions of Short-Dated Inventory
Short-Dated Inventory means any of the Company’s and its Subsidiaries’ inventory of Finished Product, any API included in any Product and any other inventory not otherwise contained or used in the Finished Product, each with an expiration date that is within 10 months immediately following the Closing Date.
Short-Dated Inventory has the meaning set forth in Section 4.02(a) Section 1.120 “Subsidiary” of any Person means any Person of which such first Person (either alone or through or together with any other Subsidiary) owns, directly or indirectly, more than fifty percent (50%) of the equity securities of such other Person, the holders of which are generally entitled to vote for the election of the board of directors, general partner, the manager or other governing body of, or otherwise control the business and affairs of, such other Person.
Short-Dated Inventory means any of the Company’s and its Subsidiaries’ inventory of Finished Product, any API included in any Product and any other