Warehouse Inventory definition

Warehouse Inventory means at any time, with respect to Inventory of Borrower, Inventory of Borrower which is located at Borrower's Cerritos, California or Seagoville, Texas warehouses or at any other warehouse owned or leased by Borrower and, with respect to Inventory of any Restricted Subsidiary, Inventory of such Restricted Subsidiary which is located at a warehouse owned or leased by such Restricted Subsidiary.
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Warehouse Inventory means all items which are not located at the Security Area and are labeled with a label a sample of which is attached as Part 1 of SCHEDULE 5 displaying the word “SIG” or otherwise display the symbol or ▇▇▇▇ “SIG” as set out in SCHEDULE 6 (SIG Symbol) on a label or ▇▇▇▇ attached to them or printed on them and/or any other asset identification label, symbol, ▇▇▇▇ print or engraving delivered pursuant to Clause 4.1, but excluding Warehouse Filling Machines.
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Warehouse Inventory shall have the meaning provided in Section 4.7.
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Examples of Warehouse Inventory in a sentence

  • Between the Closing Date and February 10, 1996, all inventory will be physically counted and a shrink adjustment calculated in accordance with the Warehouse Inventory Procedures and the Store Inventory Procedures described in Appendix C to Schedule 3.4B (the "Shrink Adjustment").

  • Description Inventory Accounting and Control for the Recipients A.2. Location Borders US A.3. Service Manager TBD A.4. Fees/Charges $70,000/year A.5. Exceptions N/A A.6 Termination Notice Terminates in line with this Agreement Item Classification Re/(O)ccurrence Item comments Inventory at Retail Reporting W Classified by Total Stores, FTC, RC Warehouse Inventory Summary Reporting W Warehouse system weekly processing flow with perpetual inventory balances.

  • Supplier agrees to pay within fourteen (14) days (by EFT to Customer’s account) the full value of the purchased Warehouse Inventory.

  • Buyer shall retain the Warehouse Inventory Retained Amount for ultimate retention or distribution as provided in this Section 2.04(b).

  • In order to permit the Final Warehouse Inventory Amount to be determined, no inventory shall be moved from any warehouse location for a period of at least ten days after the Closing Date.

  • If Seller and Buyer agree upon the value of the Eligible Inventory at those locations, such agreement shall constitute the "Final Warehouse Inventory Amount".

  • Once counted the supplier agrees to take physical possession of the Warehouse Inventory and assume any and all risk of lost associated the Warehouse Inventory.

  • J.2. Location Borders US J.3. Service Manager A▇▇▇▇▇▇ ▇▇▇▇▇ J.4. Fees/Charges $70,000/year J.5. Exceptions N/A Item Classification Re/(O)ccurrence Item comments Inventory at Retail Reporting W Classified by Total Stores, FTC, RC Warehouse Inventory Summary Reporting W Warehouse system weekly processing flow with perpetual inventory balances.

  • Merchant and Agent shall cause to be taken an inventory taking at the Warehouse, which inventory taking shall occur as soon as practicable following the Closing Date and which shall be taken on a Cost Value basis (the "Warehouse Inventory Taking," together with the Store Inventory Taking, the "Inventory Taking").

  • Professional and Technical Sales 144030 Logistics Management 142030 Supply Chain Management 142025 Unmanned Aircraft Systems 177024 Rise Up Warehouse, Inventory & Logistics 3 Sigma Yellow Belt 3 Small Unmanned Safety Level 1 1-6 OSHA10 1 CPR/First Aid/AED 1 Communication Skills for Business Professionals 2 Leadership Excellence 3 Sigma Green Belt 6 Finance CTE Curriculum - ODE LINK Course Description: all Courses in the Finance Pathway LINK Lakeland Course Catalog – CTAGs are incorrectly marked.


More Definitions of Warehouse Inventory

Warehouse Inventory is defined in Section 5.3(c).
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Related to Warehouse Inventory

  • 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.

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Obsolete Inventory means items that have expired, are redundant or damaged;

  • 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.

  • Excess Inventory means all Inventory and Special Inventory possessed or owned by Flextronics that is not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and forecast.