Examples of Transferred Inventory in a sentence
The Transferred Inventory consists of goods of a quality usable and saleable in the ordinary course of business and is not obsolete, expired, defective or damaged, and is fit for its intended use.
The Transferred Inventory was acquired or manufactured in the ordinary course of business consistent with past practice and in accordance with applicable Law.
Except as reflected or reserved against in the Statement, at the Closing, the Transferred Inventory will be items of a quality which is useable or saleable by the Businesses in the ordinary course of business and made in accordance with their specifications.
Seller or a Selling Affiliate is in possession and control of all such Acquired Assets other than Transferred Inventory that is in the possession of one or more distributors.
The applicant has agreed to construct 4 rental replacement apartment buildings and 14 rental townhouse units on the site.