Cigarette Inventory definition

Cigarette Inventory the cigarette Inventory of the Borrower and its Subsidiaries, including all tax stamps (whether affixed or unaffixed) in respect thereof.
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Cigarette Inventory means Inventory of AMCON consisting of cigarettes and cigarette tax stamps.
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Cigarette Inventory means Inventory of Borrowers consisting of cigarettes and cigarette tax stamps.
Sample 1

Examples of Cigarette Inventory in a sentence

  • The total of Form CT-31, Cigarette and Unaffixed Stamp Inventory Report for Resident Distributors, Part I - Unstamped Cigarette Inventory, should agree with the amount reported on Form CT-15, Monthly Tax Stamp and Cigarette Report, Resident Distributor, Line 13.

  • To prevent hoarding of stamps before the tax increase effective date, TRD recommends amending Section 7-12-3.1 NMSA 1978 to include non-affixed and affixed stamps for the Cigarette Inventory Tax which is imposed when the cigarette rate increases.

  • The Finance bill of 2012-13 has introduced transfer pricing regulations for domestic transactions above certain threshold limits.

  • The traditional primary care bell curve below demonstrates that level 3 visits typically comprise about 50% of your established patient encounters, level 2 and 4 visits together about 20% each, and level 1 and 5 visits together about 10%.When plotted on a graph and drawing a line between each, the shape resembles a bell.

  • Cigarette Inventory will be priced at Seller’s cost of purchase of each item based upon the last applicable invoice received by Seller, net of discounts and allowances but including any taxes and freight, as reflected on any such invoice pertaining to such Cigarette Inventory.

  • Borrower shall, on or before the third Business Day of each week, deliver to Agent a duly completed certificate (in form and substance satisfactory to Agent) signed by the chief financial officer of Borrower certifying the Eligible Inventory, Eligible Cigarette Inventory and Eligible Accounts of Borrower as of the last day of the immediately preceding week (each such certificate being a "Borrowing Base Certificate").

  • As of the Closing Date and each date thereafter upon which the Borrower includes any Cigarette Inventory as Eligible Cigarette Inventory in a Revolver Borrowing Base or Cigarette Buy-In Borrowing Base calculation or a Borrowing Base Certificate, such Cigarette Inventory satisfies all of the criteria necessary to qualify such Cigarette Inventory as Eligible Cigarette Inventory and shall not be counted in duplicate in the Revolver Borrowing Base and the Cigarette Buy-In Borrowing Base at any time.

  • The Parties acknowledge and agree that the execution of this Agreement establishes a binding obligation of Licensee to purchase the Cigarette Inventory and that Licensee shall pay Licensor in accordance with the the manner set forth in Section 2(b)(v)(D), One Hundred Twenty Dollars ($120.00) for each case of finished cigarettes constituting the Cigarette Inventory.

  • Except for manufacture and sale of Cigarette Inventory to Licensee, neither the Licensor nor Star shall have any right after the Effective Date to use the Trademarks in connection with the Cigarette Field without Licensee’s prior written consent.

  • In instances where GICS for an issuer is not available from S&P, classifications are assigned based upon North American Industry Classification System data.5 Where identifying the industry of the issuer may enhance the understanding of the description of a deficiency in Part I.A, industry information is also provided there, unless doing so would have the effect of making the issuer identifiable.


More Definitions of Cigarette Inventory

Cigarette Inventory means the number of cases of finished cigarettes under the Trademarks located in Licensor’s bonded warehouse as of the Effective Date, which shall include any cases of finished cigarettes manufactured by Licensor at the written request of Licensee subsequent to the Agreement Date and prior to the Effective Date. Licensor shall use commercially reasonable efforts to accommodate Licensee’s requests with respect to the total number of cases, the total number of cases under each of the Trademarks, the styles and other matters with respect to finished cigarettes in Licensor’s warehouse on the Effective Date; provided, however, such number of cases of finished cigarettes shall not to be less than 2,000 cases nor more than 8,000 cases.
Sample 1
Cigarette Inventory and "other inventory" turnover by division. [LETTERHEAD OF XXXX, WEISS, RIFKIND, XXXXXXX & XXXXXXXX] August 7, 1996 To the Lenders Party to the Credit Agreement Referred to Below and The Chase Manhattan Bank as Administrative Agent Ladies and Gentlemen: We have acted as special counsel to Core-Xxxx International, Inc., a Delaware corporation (the "Borrower"), C/M Products, Inc., a California corporation and a wholly-owned subsidiary of the Borrower ("C/M Products"), Core-Xxxx Interrelated Companies, Inc., a California corporation and a wholly-owned subsidiary of the Borrower ("CMIC"), and Core-Xxxx Midcontinent, Inc., an Arkansas corporation and a wholly-owned subsidiary of the Borrower ("CM Midcontinent" and, together with the Borrower, C/M Products and CMIC, collectively the "Loan Parties" and each a "Loan Party"), in connection with the Credit Agreement, dated as of XXXX, WEISS, RIFKIND, XXXXXXX & XXXXXXXX To the Lenders Party to the Credit Agreement 2 Referred to Below and The Chase Manhattan Bank as Administrative Agent August 7, 1996 (the "Credit Agreement"), among the Borrower, the several banks and other financial institutions parties thereto as lenders (the "Lenders"), and The Chase Manhattan Bank, a New York banking corporation, as Administrative Agent. Capitalized terms not otherwise defined herein shall have the respective meanings given them in the Credit Agreement. This opinion is being furnished to you at the request of the Borrower pursuant to Section 5. l(1()(l) of the Credit Agreement. In connection with this opinion, we have examined originals, or copies certified or otherwise identified to our satisfaction, of the following documents, each dated as of the date hereof (collectively, the "Documents"):
Sample 1
Cigarette Inventory means Seller’s inventory of saleable combustible cigarettes at the as of the effective time of inventory measurement at the Properties. For purposes of clarification electronic cigarettes and all other tobacco related product except cigarettes shall be deemed part of Merchandise Inventory. For purposes of determining Cigarette Inventory, “saleable” shall means all items generally sold in a first class retail convenience store, except those items that (i) are expired, or will expire within ten (10) days of the Commencement Date (with the deemed expiration date deemed to be one year from the date of manufacture), (ii) violate applicable government code specifications, or (iii) are spoiled or damaged.
Sample 1

Related to Cigarette Inventory

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

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • 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.

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.

  • 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.

  • Excluded Inventory shall have the meaning set forth in Section 2.4.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

  • Eligible Inventory means, with respect to any Borrower, all Trailers (less than ten years old), Aircraft and Aircraft engines complying with Stage III noise reduction requirements, Railcars (less than twenty-five years old), marine containers (less than ten years old), and, if approved by the Requisite Lenders, other related Equipment, in each case that (a) is owned of record by such Borrower or a Marine Subsidiary of such Borrower (or jointly by such Borrower and one or more of the other Borrowers) or, subject to the approval of Agent, any Owner Trustee of which such Borrower is the sole beneficiary or owner (or is the beneficiary or owner jointly with one or more of the other Borrowers), as applicable, (b) is subject to a Lease acceptable to Agent in its sole discretion (as reviewed in full in connection with each requested borrowing hereunder), which Lease shall, at a minimum, (A) be non-cancelable, (B) be with a lessee of acceptable credit quality as determined by Agent, and (C) be of a firm term in excess of one (1) year, except that cargo-containers and Trailers may be on Utilization Leases; (c) has a value and marketability reasonably satisfactory to the Agent; and (d) is free and clear of all Liens, except (i) any interest of a lessee thereof pursuant to a Lease entered into with such Borrower or a Marine Subsidiary of such Borrower or such Borrower’s or such Marine Subsidiary’s predecessor in interest or such Owner Trustee or nominee entity, as lessor, or (ii) as otherwise permitted by Section 6.1, provided that any Liens of the type permitted under clause (ii) encumbering any item of Equipment shall not secure obligations in amounts which materially impair the equity value in such item of Equipment. Requisite Lenders in their sole discretion, on a case by case basis, may approve other items or types of Equipment for credit under "Eligible Inventory" from time to time. Equipment which is Eligible Inventory will cease to be Eligible Inventory at any time it no longer continues to meet all of the above requirements.

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

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Cigarette means any product that contains nicotine, is intended to be burned or heated under ordinary conditions of use, and consists of or contains (i) any roll of tobacco wrapped in paper or in any substance not containing tobacco; or (ii) tobacco, in any form, that is functional in the product, which, because of its appearance, the type of tobacco used in the filler, or its packaging and labeling, is likely to be offered to, or purchased by, consumers as a cigarette; or (iii) any roll of tobacco wrapped in any substance containing tobacco which, because of its appearance, the type of tobacco used in the filler, or its packaging and labeling, is likely to be offered to, or purchased by, consumers as a cigarette described in clause (i) of this definition. The term "cigarette" includes "roll-your-own" (i.e., any tobacco which, because of its appearance, type, packaging, or labeling is suitable for use and likely to be offered to, or purchased by, consumers as tobacco for making cigarettes). For purposes of this definition of "cigarette", 0.09 ounces of "roll-your-own" tobacco shall constitute 1 individual "cigarette".

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Perishable goods means personal property maintained under controlled conditions for its preservation, and susceptible to loss or damage if the controlled conditions change.

  • Finished Products means the fully assembled and shrink-wrapped Licensed Products, each including a Game Cartridge, Game Cartridge label and Printed Materials.