Stock Inventory definition

Stock Inventory means Inventory consisting of scrap that is usable in the production of finished goods.
Stock Inventory means items which are held by Seller in stock on the Closing Date. Such items are not included in the Assets, but will be accepted by Buyer on consignment and will be used by Buyer from time to time at Buyer's sole option, except as hereinafter otherwise provided. All Stock Inventory not used by Buyer will remain inventory of Seller. With respect to each item of Stock Inventory used by Buyer, Buyer shall pay Seller on the First Payment Date an amount equal to the sum of the cost to Seller of such item plus ten percent (10%) of such cost (the "Stock Inventory Price") for those items so used by Buyer after the Closing Date but before the First Payment Date and shall pay Seller on the Second Payment Date an amount equal to the Stock Inventory Price for those items so used by Buyer after the First Payment Date but before the Second Payment Date. Seller shall have the right to use those items of Stock Inventory that are in excess of then current requirements to fulfill the Buyer's then production and delivery schedules, and Buyer shall purchase those items of Stock Inventory that are required to fulfi11 production and delivery schedules of Backlog Jobs.
Stock Inventory means all stock, parts and accessories of the Borrower and its subsidiaries at all locations of the Borrower plus Scotland and China at the Flextronics factory;

Examples of Stock Inventory in a sentence

  • Fixture lamping schedule.C. Spare Parts and Extra Stock Inventory: Transmit spare parts and extra stock to the Owner with an inventory checklist for review by the Owner.

  • Stock/ Inventory coverage for eligible business customers only.4. All the customer maintaining MAB of 1Mln & Above would be offered preferential rate on Auto Finance cases.

  • A Base Stock Inventory Model for a Remanufacturable Product, Proceedings of the 2003 SMA Conference, Singapore, 2003, 7 pp.

  • Of the six Chinook populations in the Skagit River, all but the Suiattle are listed as depressed in the 2002 WDFW Salmonid Stock Inventory (XxXX).

  • Any quoted delivery from Stock Inventory is subject to prior sale.

  • Consistent with federal requirements, each subrecipient must maintain its facilities (and substantial facility components), vehicles, and other substantial assets.Subrecipients would be required to submit an annual Owned Rolling Stock Inventory.

  • Prior to the petition to list, White River spring Chinook were identified as critical by the 1992 Washington State Salmon and Steelhead Stock Inventory Report.

  • Willapa Water Resource Inventory Area (WRIA) #24: WDFW- Salmonid Stock Inventory (nine maps).

  • By selecting this function the system will provide Enhanced Agent users updated information on the Agents Stock Inventory.

  • In the event that the Company fails to maintain the Minimum Renewable Fuel Feed Stock Inventory the Company shall promptly notify JPS of such shortage in Renewable Fuel Feed Stock Inventory.


More Definitions of Stock Inventory

Stock Inventory means all inventory other than On Account Inventory, Returned Inventory, Slow Moving Inventory and Western Inventory, and which meets the following standards: (i) it is new and unused, (if) it is not unsaleable in the marketplace due to age or quality or any other reason, and (iii) it is in good condition.
Stock Inventory means all items of inventory of the Business, including raw-materials, work-in- process, finished goods, spare parts and supplies that do not constitute Contract Inventory, a list of which as of September 30, 1995 is set forth on Schedule CR.
Stock Inventory means the number of cultivated fish within a Facility. “Tonnes(t)” means 1,000kg.

Related to Stock Inventory

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrower’s business.

  • Eligible Inventory means and include Inventory of a Borrower, excluding work in process, valued at the lower of cost or market value, determined on a first-in-first-out basis, which is not, in Administrative Agent’s Permitted Discretion, obsolete, slow moving or unmerchantable and which Administrative Agent, in its Permitted Discretion, shall not deem ineligible Inventory, based on such considerations as Administrative Agent may from time to time deem appropriate including whether the Inventory is subject to a perfected, first priority security interest in favor of Administrative Agent and no other Lien (other than a Permitted Encumbrance). In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is Foreign In-Transit Inventory or in-transit within the United States; (c) is located outside the continental United States; (d) constitutes Consigned Inventory; (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Administrative Agent’s right to sell or otherwise dispose of such Inventory, unless Administrative Agent is a party to a Licensor/Administrative Agent Agreement with the Licensor under such License Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its sole discretion); (g) is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Administrative Agent a Lien Waiver Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its Permitted Discretion); or (h) or if the sale of such Inventory would result in an ineligible Receivable.

  • 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).

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Transferred Inventory has the meaning set forth in Section 2.2(a)(iii).

  • Inventory Tracking System means the required tracking

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • Obsolete Inventory means items that have expired, are redundant or

  • Excluded Inventory shall have the meaning set forth in Section 2.4.

  • Inventory Formula Amount means the lesser of (i) 65% of the Value of Eligible Inventory; or (ii) 85% of the NOLV Percentage of the Value of Eligible Inventory.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as provisions in storerooms, refrigerators, pantries and kitchens, beverages in wine cellars and bars, other merchandise intended for sale, fuel, mechanical supplies, stationery, and other supplies and similar items.

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Unsaleable liquor merchandise means a container that:

  • Inventory Value has the meaning set forth in Section 2.1.

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Finished Lots means, Entitled Land (i) that has been legally subdivided for the construction of Housing Units, (ii) that has been graded substantially in accordance with all grading plans approved by the applicable agencies and contains level building pads (except for any fine or precise grading to be completed immediately prior to vertical construction), (iii) that has all water, sewer, electrical and other utility services for planned residences installed and stubbed to the lot behind the sidewalk, (iv) that has all storm drain, sewer, curb, gutter, sidewalk and pavement for public access constructed and installed, except for any final lift of the streets and lateral connections to Housing Units, (v) that has all property corners surveyed and marked and any required survey monumentation installed, and (vi) with respect to which all applicable development fees (including, without limitation, school and development impact fees) that are required to be paid prior to obtaining a building permit have been paid other than building permit and plan check fees. Except as otherwise expressly provided in this Agreement, the term “Finished Lot” shall not include any Land upon which the construction of a Housing Unit has commenced.

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Analytical x-ray equipment means equipment used for x-ray diffraction or fluorescence analysis.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Stored-value card means a record evidencing a promise made for

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated January 22, 2008 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraiser firm pursuant to Section 9.2(b).

  • Automatic tabulating equipment means apparatus that automatically examines

  • Excess Collateral has the meaning set forth in Section 5.7.