New Inventory Sample Clauses

New Inventory. To the extent Seller purchases Inventory for cash that is ordered from Lentzy Investments or any of its Affiliates during the period commencing on the date of this Agreement and ending at 11:59 p.m. on the day immediately preceding the Closing Date (“New Inventory”), Seller shall maintain and store any such New Inventory in the Seller’s warehouses and storage facilities until the Closing Date except as provided in this Section 7.16. Seller may deliver any such New Inventory to the Seller’s wholesale costumers in the United States (the “Wholesale Customers”) pursuant to purchase orders received from such Wholesale Customers that are subject to terms and conditions consistent with past practices between the parties; provided however that such purchase orders shall provide for payment dates for the accounts receivables generated by such purchase orders that are not before the earlier of (a) the first day after the Closing Date and (b) the termination of this Agreement pursuant to Section 4.2. In the event that, notwithstanding the provisions of the immediately preceding sentence, payments are made pursuant to such accounts receivables before the earlier of the dates specified in such provisions, any cash received in respect of such payments shall constitute a Transferred Asset and shall be deemed the “New Inventory Cash Receipts”. In the event of a termination of this Agreement (other than: (i) a termination by Seller pursuant to Section 4.2(b) and (ii) a termination pursuant to Sections 4.2(c), 4.2(e), 4.2(i) or 4.2(j)), Seller shall have the right to return any New Inventory to Lentzy Investments in accordance with the terms of the purchase order applicable to such New Inventory and shall be reimbursed the full amount paid by Seller therefor, in cash.
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New Inventory. For Service Provider inventory that is not in the Amadeus System as of the Effective Date (e.g., web-fares, Xxxx Air) no Segment Incentive will apply until the Parties negotiate in good faith the propriety of a Segment Incentive for Net Segment bookings on such Service Providers.
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New Inventory. Vendor realizes that Xxxxxxxxx may not immediately know the stock requirements for its trading area. To help Xxxxxxxxx adjust its inventory, Xxxxxxxxx may return to Vendor new unopened and opened inventory of Products in saleable condition for credit at Xxxxxxxxx’x cost, provided such inventory is returned within 120 days of Xxxxxxxxx’x receipt thereof. If such returned inventory is in saleable condition and shipped freight prepaid no restocking or repacking charge will be made for returned Products.
Sample 1
New Inventory. (a) At TMC’s request from time to time, Nycomed shall buy New Inventory from TMC, based on TMC’s good faith belief as to the anticipated demand for the Product in the Territory during the remaining term of this Agreement. Nycomed shall pay TMC for such New Inventory in accordance with Section 10 of this Agreement. TMC shall supply the New Inventory as a sterile lyophilized formulation in 10 xx xxxxx vials containing material that, when reconstituted, will deliver 250mg of bivalirudin per 5ml. Each 250mg vial constitutes a single unit of Product.
Sample 1
New Inventory. Debtor shall pay to Secured Party, with respect to each current outstanding and future Advance related to an item of New Inventory an amount equal to (i) ten percent (10%) of the original Advance on any unpaid Advance on an item of new Inventory twelve (12) months after the date of the related Advance and (ii) five percent (5%) of the original Advance on any unpaid Advance on an item of new Inventory eighteen (18) months and twenty-four (24) months after the related date of each such Advance and (iii) five percent (5%) of the original Advance on any unpaid Advance on an item of new Inventory each month thereafter until paid in full.
Sample 1

Related to New Inventory

  • 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.

  • 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.

  • Physical Inventory The Contractor shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract completion or termination. The Property Administrator may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor’s system or the property is to be transferred to a follow-on contract).

  • 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.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

  • 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.

  • 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.

  • Inventories The Operator shall maintain detailed records of Controllable Material.

  • 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 "

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