Current Inventory Sample Clauses

Current Inventory. Any Products in, or manufactured and en route to, Legends Furniture’s inventory as of, or after April 15, 2015, that do not qualify as Reformulated Products and that Legends Furniture has reason to believe may be sold or distributed for sale in California, shall contain a clear and reasonable warning as set forth in section 3.5 below unless Section 3.6 applies.
AutoNDA by SimpleDocs
Current Inventory. As used herein, “Current Inventory” means any Materials procured by Supplier in accordance with this Agreement which are not classified as Raw Material Safety Stock, Excess Inventory (including Long-Term Excess Inventory) or Obsolete Inventory.
Current Inventory. Any Products in, or manufactured and en route to, Skyline’s inventory as of, or after December 31, 2013, that do not qualify as Reformulated Products and that Skyline has reason to believe may be sold or distributed for sale in California, shall contain a clear and reasonable warning as set forth in Section 3.5 below unless Section 3.6 applies.
Current Inventory. In accordance with the terms of the TRANSITION SERVICES AGREEMENT, HMR GmbH or its AFFILIATES shall deliver to MEDICIS in its initial or subsequent shipments to MEDICIS at the prices set forth in Exhibit B and Exhibit C, respectively, attached hereto, existing inventory of the HMR MANUFACTURED PRODUCTS and all existing samples thereof in inventory of HMR GmbH and its AFFILIATES and in process with at least twelve (12) months of shelf life remaining. If MEDICIS has distributed such existing inventory of HMR MANUFACTURED PRODUCTS first, MEDICIS shall notify HMR GmbH in writing of the quantities of each such HMR MANUFACTURED PRODUCT that have not been sold or given to MEDICIS' customers, as the case may be, at a date as of nine (9) months prior to their respective expiration dating. HMR GmbH shall instruct MEDICIS in writing whether, at HMR GmbH's expense, to destroy such HMR MANUFACTURED PRODUCTS or to return such HMR MANUFACTURED PRODUCTS to HMR GmbH or its AFFILIATES. Within ten (10) days after receiving each such notification by MEDICIS, HMR GmbH shall reimburse MEDICIS for all amounts paid by MEDICIS to HMR GmbH for such destroyed or returned HMR MANUFACTURED PRODUCTS and any and all reasonable disposal, shipping or other expenses incurred by MEDICIS in connection with the destruction or return of such HMR MANUFACTURED PRODUCTS.
Current Inventory. The Current Inventory shall be either used in manufacturing activities during the SOTC Period (as defined in the TSA) or pursuant to the Supply Agreement or transferred by AstraZeneca to Licensee or its designated Affiliate, in either case, on the terms and conditions set forth in the Supply Agreement. “Current Inventory” means all quantities of packaged, serialized and labeled Current Product owned by AstraZeneca as of a given time.
Current Inventory. As of the Effective Date, EMD has Promotional Materials that may include printed sales aides and the like. EMD shall provide to Emmaus one complete set of the Promotional Materials and will provide Emmaus with its inventory of printed Promotional Materials. If Emmaus reasonably determines that any of the Promotional Materials is out of date or out of compliance with regulatory guidelines (e.g., DDMAC guidances), and such a conclusion is agreed to by EMD, then Emmaus shall revise and replace such Promotional Materials in such numbers as reasonable needed by Emmaus, at Emmaus’ cost, subject to review and approval of such Promotional Materials by EMD. If Emmaus wishes to have new Promotional Materials developed, then Emmaus will create such Promotional Materials, and Emmaus shall bear the costs of producing (e.g., printing) such Promotional Materials, subject to review and approval of such Promotional Materials by EMD. EMD shall be under no obligation to create, produce or make available any Promotional Materials. EMD will provide, and be responsible for, medical and legal review of claims relating to the Product. Emmaus will provide, and be responsible for, medical and legal review of claims relating to NutreStore.
Current Inventory. Any Products in, or manufactured and en route to, KFI’s inventory as of August 31, 2014, that do not qualify as Reformulated Products and that KFI has reason to believe may be sold or distributed for sale in California, shall contain a clear and reasonable warning.
AutoNDA by SimpleDocs
Current Inventory. Commencing on the Effective Date, any Headphones in, or manufactured and en route to, Max Sales’s inventory, that Max Sales has reason to believe may be sold or distributed for sale in California, shall contain a clear and reasonable warning.
Current Inventory. Any Products in, or manufactured and en route to, GF Health’s inventory as of, or after March 15, 2014, that do not qualify as Reformulated Products and that GF Health has reason to believe may be sold or distributed for sale in California, shall contain a clear and reasonable warning as set forth in Section 3.5 below unless Section 3.6 applies.

Related to Current 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.

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects.

  • Remaining Inventories Xencor shall have the right to purchase from MorphoSys (or its Affiliate) all of the inventory of Licensed Products held by MorphoSys (or its Affiliate) as of the effective date of termination at a price equal to MorphoSys’ (or its Affiliate’s) fully burdened manufacturing cost, determined in accordance with GAAP.

  • Inventory Adjustment (a) Within 30 days after the Closing Date, Sellers shall prepare and deliver to Buyer a statement (the "Closing Inventory Statement") setting forth the type and value, as of the close of business on the day immediately preceding the Closing Date, of the inventory of the Business, which statement shall be derived from a physical taking of such inventory as of such date and shall value inventory on the basis of the lower of cost or market value utilizing a first-in, first-out method in a manner consistent with Sellers' and the Companies' past practices and the standards and principles used in the preparation of the Unaudited Consolidated Statement of Net Investment Assets of the Business as of September 25, 2004 and shall otherwise be prepared in a manner consistent with Sellers' and the Companies' past practices with respect to perpetual inventory records; provided, that all amounts denominated in Canadian dollars that are part of the calculation of the value of inventory pursuant to this Section 2.05 shall be converted into U.S. dollars using the Closing Date Exchange Rate. Buyer and its representatives shall have such opportunity as Buyer reasonably deems appropriate to observe the taking and reconciliation of such inventory (which may begin prior to the Closing Date) in connection with the preparation of the Closing Inventory Statement. Buyer shall provide Sellers and their accountants, upon reasonable notice, such access to the books and records, to any other information, including working papers of Buyer's accountants, and to any employees of Buyer and its affiliates, in each case as may be reasonably necessary for Sellers to take such physical inventory, prepare the Closing Inventory Statement, respond to the Buyer's Inventory Objection (as defined in Section 2.05(b)) and prepare materials for presentation to the Arbitrator in connection with the matters contemplated by Section 2.05(c). If necessary, Buyer shall, after Closing, also provide or cause to be provided to Sellers and their designees such access as such persons may reasonably request to all facilities at which inventory of the Business is located in order to conduct such physical inventory. For the avoidance of doubt, the inventory of the Business to be valued pursuant to this Section 2.05 consists of the Inventory and all inventory of the Companies.

  • 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.

  • 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).

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

  • 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.

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

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!