Valve Inventory definition

Valve Inventory means Inventory of any Loan Party in the form of cylinder valves which are subject to the proprietary intellectual property or other rights (including, without limitation, all TS2 valves) of such Loan Party.

Examples of Valve Inventory in a sentence

  • Valve Inventory is provided in J-1605000- 09 All valves are cycled during the month of October.

  • Without the prior written consent of the Sole Member (not to be unreasonably withheld, conditioned or delayed), the Purchaser agrees that it shall not, and shall cause the Company not to, change any warranty or guaranty obligation in respect of any product sold or distributed by the Company (other than the sale of the LP Gas Valve Finished Valve Inventory in accordance with the Sales Agent Agreement) in a manner materially adverse to the Company for a period of thirty (30) months following the Closing.