Specified Inventory definition

Specified Inventory has the meaning set forth in Section 1.1(c).

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Specified Inventory means Inventory consisting of parts and accessories.

Specified Inventory means all inventories of finished CP Products packaged, labeled, and ready for sale pursuant to all legal requirements of all relevant Government Agencies.

Examples of Specified Inventory in a sentence

Consultant to provide assistance with sourcing, evaluating and entering into supplier agreements with New Suppliers in respect of each SKU of Specified Inventory (as each capitalized term is defined in the Purchase Agreement).
Consultant to provide transition services, including but not limited to advising Service Recipient on knowledge, and sale of each SKU of Specified Inventory consistent with and as described in the Transition Services Agreement (as each capitalized term is defined in the Purchase Agreement) until such time that no Services are being provided thereunder.
All of the Specified Inventory is of a quality no less than the quality of finished goods and other inventories maintained by Seller in connection with the Business in the ordinary course of business consistent with past practice and is merchantable and fit for the purpose for which it was procured or manufactured, and is not slow-moving, obsolete, damaged, or defective.
The quantities of each SKU of Specified Inventory are not excessive, but are reasonable in the present circumstances of the Business.
The Seller Representative shall provide written notice to each Seller of the portion of the Remaining Specified Inventory Deficit for which such Seller is responsible promptly after the date hereof and the instructions for payment or surrender of Purchaser Common Shares as provided by Purchaser.

More Definitions of Specified Inventory

Specified Inventory means the reciprocal power module inventory specifically listed on Schedule 1.1(d).

Specified Inventory means (i) all inventory that is reflected on the Latest Balance Sheet, (ii) all inventory that either of the Empire Companies has purchased subsequent to the date of the Latest Balance Sheet and on or prior to the date hereof and (iii) all inventory that as of the date hereof either of the Empire Companies is committed to purchase pursuant to any Contract.

Specified Inventory means all of Seller's right, title and interest in and to (i) the DVD titles and discs identified on Schedules 3.1 (s)(iii)(B)-(C) and related cases and RFID tags and (ii) only if and to the extent the Fox Contract has been entered into as provided in Section 4.13(c), the DVD titles and discs identified on Schedule 4.13(c) and related cases and RFID tags.” ““Sublicense Agreement” means the Sublicense Agreement between Buyer and Seller substantially in the form of Exhibit I.” The following new defined terms are hereby added to Section 1.2 of the Agreement in the applicable alphabetical order: “Fox Contract 4.13(c)” “Post-Closing Transactions 4.10(b)” “Seller Property Taxes 4.7(d)” “Universal Contract 3.1(s)(iii)(B)” 3. Definition of “Blockbuster License” The definition of “Blockbuster License” is hereby deleted in its entirety and replaced with the following language: ““Blockbuster License” means that certain Trademark Usage License between the BB 2009 Trust and Seller dated on or about March 2, 2009, as amended by that certain Amendment to Trademark Usage License dated May 16, 2012.” 4. Definition of “Excluded Contracts” The definition of “Excluded Contracts” is hereby deleted in its entirety and replaced with the following language: ““Excluded Contracts” means all Contracts that relate to the Acquired Assets or Business that are not Assumed Contracts, including: (a) all employment, change of control and severance agreements;

Specified Inventory has the meaning set forth in Section 1.1(g). “Specified Manufacturing Contracts” means those Specified Contracts that are specifically identified as “Specified Manufacturing Contracts” on Schedule 1.1(b). “Specified Patent Rights” means (a) the Patent Rights included in the Specified Assets on the Closing Date, and (b) any Patent Rights corresponding or claiming priority to any of the Patent

Specified Inventory has the meaning set forth in the definition of Equipment.

Specified Inventory means Inventory owned by any Seller or its Affiliates and exclusively relating to the Business that is required to be reflected on a balance sheet prepared consistent with GAAP.