Stores Inventory definition

Stores Inventory means the inventory of spare parts, excluding Capital Spares, that are used by the Contributor or any Affiliate thereof in the Contributed Business and owned by the Contributor or any Affiliate thereof as of the Closing Date and that consist of items that generally can be used for several processes or types of equipment, including, but not limited to, such items as pumps, motors, pipe fittings, electrical wiring, instruments, nuts and bolts, unfabricated metals, safety items, small hand tools and other miscellaneous repair parts or supplies.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Stores Inventory means Inventory consisting of cast iron fittings, paint, belts and hoses, bolts and nuts, wire and wire products, welding supplies, tools, steel, rope, timber, railroad spikes, railroad car parts and railroad crane parts, baghouse parts, pump parts, compressor parts, electrical parts, bearings, drills, bits and accessories and other parts and supplies.

Stores Inventory means Inventory which is materials and supplies.

Examples of Stores Inventory in a sentence

The Contributor has operated the Contributed Business in the ordinary course of business from March 31, 1997 to the Closing Date such that the Inventory, Stores Inventory, Prepaid Expenses and Accounts Receivable, as of the Closing Date, are at substantially the same level as would have existed for the Contributor without regard to the transactions contemplated by the Master Transaction Agreement.
It is now being performed within the classification of Stores Inventory Clerk.
Once organized, within the first three months of operation the Company will determine if the Stores Inventory Clerk can maintain the maintenance stock room.
The loading rate for Materials and Supplies is computed by dividing Stores labor and transportation expenses by the balance in Stores Inventory.
It is now performed within the classificationof Stores Inventory Clerk.
The maximum amount of all Inventory (including Eligible Stores Inventory) which may be included as part of the Borrowing Base is Cdn$75,000,000 and the maximum amount of Eligible Stores Inventory is Cdn$7,500,000.
To the extent that a Lease for the Undelivered Store has expired or been terminated on or before the Closing Date, Seller shall store the Inventory for such Store in a trailer or in a location in the Seller's Warehouse designated for such Undelivered Store's Inventory.
Once organized, within the first months of operation the Company will determine if the Stores Inventory Clerk can maintain the maintenance stock room.
It will now be performed within the classification of Stores Inventory Clerk.

More Definitions of Stores Inventory

Stores Inventory means the inventory of spare parts, excluding Capital Spares, that are used by a Contributor or any Affiliate thereof in the Contributed Business and owned by such Contributor or any Affiliate thereof as of the Asset Transfer Effective Time and that consist of items that generally can be used for several processes or types of equipment, including such items as pumps, motors, pipe fittings, electrical wiring, instruments, nuts and bolts, unfabricated metals, safety items, small hand tools and other miscellaneous repair parts or supplies. Stores Inventory shall include any reserve for slow moving or obsolete materials and supplies, and for any inventory volume or price adjustments.

Stores Inventory means all goods (purchased, manufactured, or transferred in) in the nature of supply items which are not directly used in the manufacturing (production) or shipping (distribution) process and which are classified by the Debtors as "stores" consistent with past practice and the Debtors' Controller's Policy Manual.

Stores Inventory means all goods (purchased, manufactured, or transferred in) in the nature of supply items which are not directly used in the manufacturing (production) or