INVENTORY OF GOODS Sample Clauses

INVENTORY OF GOODS. It is agreed that, included in the Purchase Price, the inventory at Closing of marketable goods at Seller’s cost shall be TO BE DETERMINED. An itemized physical count of these goods held for resale shall be taken by Bxxxx and Seller prior to the Closing and an increase or decrease as compared to this cost shall adjust the total purchase price. Where applicable, an increase shall be added to the Promissory Note owed to Seller and a decrease shall reduce the cash down payment from Buyer.
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INVENTORY OF GOODS. Stock to be purchased separately at a price to be mutually agreed upon by Vendor and the Purchaser. It is agreed that the on hand inventory of marketable goods at the Vendor’s cost shall not exceed $ . The Purchaser may exclude from the purchase and sale any items which the Purchaser reasonably considers unusable or in respect of which the Purchaser in not reasonably satisfied as to proof of direct cost.
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INVENTORY OF GOODS. Vendor shall provide The Gallery with a written inventory and price list accompanying all goods accepted for sale in The Store upon delivery of such goods to The Gallery. Each item must also be individually priced accordingly.
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INVENTORY OF GOODS. All inventory of goods of Company, reflected in the Financial Statements, consists of a quality and quantity usable and saleable in the Ordinary Course of Business, except for items of below-standard quality, all of which have been written off or written down to net realizable value in the Financial Statements or on the accounting records of the Company (as applicable) as of the Closing Date, as the case may be. All inventories not written off have been written at a value consistent with the Polish GAAP principles, as applied by the Company over the time. No items included in the inventories are pledged as collateral or held by the Company on consignment from another.
Sample 1
INVENTORY OF GOODS. All inventory of goods of Target, reflected in the Financial Statements and the Sworn Appraisal, consists of a quality and quantity usable and saleable in the Ordinary Course of Business, except for items of below-standard quality, all of which have been written off or written down to net realizable value in the Financial Statements, or the Sworn Appraisal or on the accounting records of the Company and/or Target (as applicable) as of the Closing Date, as the case may be. All inventories not written off have been written at a value consistent with the Italian GAAP principles, as applied by the Company over the time. No items included in the inventories are pledged as collateral or held by the Company or Target on consignment from another.
Sample 1
INVENTORY OF GOODS. It is agreed that, included in the Purchase Price, the inventory at Closing of marketable shall be be listed in Schedule “A”. An itemized physical count of these goods held for resale shall be taken by Buyer and Seller prior to the Closing and an increase or decrease as compared to this cost shall adjust the total purchase price. Where applicable, an increase shall be added to the Promissory Note owed to Seller and a decrease shall reduce the cash down payment from Buyer.
Sample 1
INVENTORY OF GOODS. It is agreed that the on-hand inventory at Closing of marketable goods at Seller' cost shall be $ none. An itemized physics count of these goods held for resale shall be taken by Buyer and Seller pxxxx to the Closing and an increase or decrease as compared to this cost shall adjust the total purchase price. Where applicable, an increase shall be added to the Promissory Note owed to Seller and a decrease shall reduce the cash down payment.
Sample 1
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Related to INVENTORY OF GOODS

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

  • Eligible Inventory As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • Accounts Receivable; Inventories The accounts receivable of Seller reflected in the Unaudited Financial Statements and the accounts receivable aging report set forth in Schedule 5.21, as well as such additional accounts receivable as are reflected on the books of Seller on the date hereof, are (except to the extent reserved in accordance with GAAP) valid, genuine and subsisting, arise out of bona fide sales and deliveries of goods, performance of services or other business transactions and to Seller's Knowledge, are not subject to defenses, deductions, set-offs or counterclaims. The inventories reflected on the Unaudited Financial Statements and held by Seller on the date hereof, net of reserves therefor in accordance with GAAP, are usable or saleable in the ordinary course of Business. Such inventories have been reflected on the Unaudited Financial Statements at the lower of cost or market value (taking into account the usability or salability thereof) in accordance with GAAP. None of such inventories have been written up in value or repurchased by, or returned to, Seller at an increased value. All such inventories are owned free and clear and are not subject to any Lien except to the extent reserved against or reflected in the Financial Statements. Since the Financial Statement Date, inventories of raw materials, supplies and products have been purchased by Seller in the ordinary course of the Business, consistent with anticipated seasonal requirements, and the volumes of purchases thereof and orders therefor have not been reduced or otherwise changed in anticipation of the transactions contemplated by this Agreement. Except as set forth in Schedule 5.21 hereto, Seller does not have any Knowledge of any conditions affecting the supply of materials or products available to Seller and, to the Knowledge of Seller, the consummation of the transactions contemplated hereby will not adversely affect any such supply.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • Inventory and Supplies Administrator shall order, purchase and provide to the Group on a timely basis inventory and supplies, and such other ordinary, necessary or appropriate materials which are requested by the Group and which the Group shall reasonably determine to be necessary in the operation of the Practice on the same terms commercially available to Administrator. Such inventory, supplies and other materials shall be included in Practice Expenses at their cost to Parent or Administrator, as the case may be.

  • Goods For purposes of the Contract, all things which are movable at the time that the Contract is effective and which include, without limiting this definition, supplies, materials and equipment, as specified in the Invitation to Bid and set forth in Exhibit A.

  • Accounts and Inventory Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

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