Transferred Inventory definition

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

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Transferred Inventory has the meaning set forth in Section 1.1(e).

Transferred Inventory means the inventories of raw materials, packaging materials, semi-finished and finished goods, purchased supplies, other supplies and spare parts and materials used for maintaining production machinery and equipment, in each case, (a) to the extent such inventories are held by Dow for use in the Business; and (b) other than with respect to spare parts and materials used for maintaining production machinery and equipment, to the extent such inventories are transferred to a Transferred Subsidiary on or prior to the Distribution Date.

Examples of Transferred Inventory in a sentence

Seller is not under any obligation or liability with respect to accepting returns of items in Transferred Inventory in the possession of its customers other than in the Ordinary Course of Business.
All Transferred Inventory is owned by Seller free and clear of all Encumbrances other than Liabilities that will be paid at Closing, and no Transferred Inventory is held on a consignment basis.
On the Closing Date, possession of and all right, title and interest in the Transferred Inventory shall pass from Seller to Buyer regardless of the location of such Transferred Inventory.
For a period of three years after Closing, Seller shall maintain product liability coverage, in amounts at least comparable to that currently maintained by Seller, covering claims related to finished goods Transferred Inventory sold to Buyer on the Closing Date.

More Definitions of Transferred Inventory

Transferred Inventory shall have the meaning set forth in Section 1.1(c).

Transferred Inventory means all inventories (including Manufacturing Inventory and Manufacturing Stocks and In-Market Inventory), wherever located, including all raw materials, work in progress, finished Products and packaging and labelling material in respect of the Products and otherwise Predominantly Related to the Business (but excluding any such items held by the Vaccines Group Companies) whether held at any location or facility of a member of the Seller’s Group or in transit to a member of the Seller’s Group, in each case as of the Effective Time;

Transferred Inventory means, in respect of a Seller, all inventories (including its Manufacturing Inventory, Manufacturing Stocks and In-Market Inventory), wherever located, including all raw materials, work in progress, finished GlaxoSmithKline Products or Novartis Products (as the case may be), and packaging and labelling material in respect of the GlaxoSmithKline Products or Novartis Products (as the case may be) and otherwise, in each case, that are, Predominantly Related to its Contributed Business (but excluding any such items held by its Target Group Companies), whether held at any location or facility of a member of that Seller’s Group or in transit to a member of that Seller’s Group, in each case, as of the Effective Time;

Transferred Inventory means (a) all raw materials, active pharmaceutical ingredients, excipients, intermediaries, reagents, supplies, packaging, work in progress and finished goods (i) held by the Companies, their Subsidiaries or Schering-Plough Canada, Inc. or

Transferred Inventory means all inventory and other tangible personal property primarily related to, or primarily used, held for use or acquired or developed for use in connection with, the Business.

Transferred Inventory means Inventory included within the Acquired Assets.

Transferred Inventory means any Inventory of the Seller, to the extent owned by the Seller and used or held for use primarily in the Business.