Stock Inventory definition

Stock Inventory means Inventory consisting of scrap that is usable in the production of finished goods.
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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.
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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.
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Examples of Stock Inventory in a sentence

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

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

  • The Parties agree that on the second anniversary of the date hereof, they shall, in good faith, discuss the financial obligations and logistics relating to the Safety Stock Inventory.

  • The Safety Stock Inventory shall, subject to Section to 4.7 below, have a shelf life of no less than twenty four (24) months from the date of delivery of Product from such Safety Stock Inventory.

  • In the event that Finished Product is in short supply, Supplier shall notify Purchaser of such shortage as soon as possible and firstly use Safety Stock Inventory to fill Purchaser’s orders and once depleted, secondly allocate to Purchaser a prorated share of same available to Supplier taking into consideration Purchaser’s relative sales volume in relation to Supplier and Supplier’s other customers.

  • Upon the expiration of the Term or in the event of the termination of this Agreement by the Purchaser pursuant to Section 16.5 or by Supplier pursuant to Section 16.2, 16.3 or 16.4, Purchaser agrees to purchase from Supplier all of the Safety Stock Inventory in accordance with the terms and conditions set forth in Sections 4.6 and 4.7.

  • Seller will provide to Buyer Safety Stock Inventory cycle counts, including serial numbers and location, on a monthly basis.

  • The parties agree that the aggregate amount of the Eligible Military Stock Inventory was, at January 31, 1995, Twenty-Four Million Three Hundred Nineteen Thousand Dollars ($24,319,000).

  • Schedules AB and CR are, to the best of Sellers' knowledge, true and complete lists of the Contract Inventory and the Stock Inventory, respectively, as of September 30, 1995.


More Definitions of Stock Inventory

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;
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Stock Inventory means the number of cultivated fish within a Facility. “Tonnes(t)” means 1,000kg.
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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.
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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 Borrowers’ business.

  • Eligible Inventory means and include Inventory, excluding work in process, with respect to each Borrower, valued at the lower of cost or market value, determined on a first-in, first-out basis, which is not obsolete, slow moving or unmerchantable as determined by Agent in its Permitted Discretion and which Inventory, based on such considerations as Agent may from time to time deem appropriate in its Permitted Discretion including whether the Inventory is subject to a perfected, first priority security interest in favor of Agent and no other Lien (other than a Permitted Encumbrance). Notwithstanding anything herein to the contrary, no Inventory shall be Eligible Inventory to the extent such Inventory was acquired by a Borrower pursuant to an entity creation under Section 7.12 or a Permitted Acquisition, unless Agent has (i) completed field examinations with respect to such Inventory, the results of which are satisfactory in form and substance to Agent in its Permitted Discretion or (ii) waived such restriction in its Permitted Discretion. In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform in all material respects to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is in transit (other than between one or more locations where Borrowers are permitted hereunder to maintain or store Inventory and such location is the subject of a Lien Waiver Agreement or a Processor’s Agreement, as applicable, unless such location is owned by Borrower); (c) is located outside the continental United States or at a location that is not otherwise in compliance with this Agreement; (d) constitutes Consigned Inventory (other than Consigned Inventory that is subject to a warehouseman’s waiver in form and substance satisfactory to Agent); (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 Agent’s right to sell or otherwise dispose of such Inventory, unless Agent is a party to a Licensor/Agent Agreement with the Licensor under such License Agreement (or Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion); (g) at any time following seventy-five (75) days after the Closing Date (or such later date agreed to by Agent), is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Agent a Lien Waiver Agreement or a Processor’s Agreement, as applicable (or Agent shall have established reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion in an amount not to exceed the equivalent of three (3) months’ rental obligation with respect to such location); or (h) if the sale of such Inventory would result in the creation of a Receivable which, on the date of such sale, would fail to constitute an Eligible Receivable due to the operation of any of clauses (b), (c) or (e) – (p) of such definition.

  • 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.