Service Parts Inventory Sample Clauses

Service Parts Inventory. 3.4.1 MCK will consign local spare parts kits to VITAL Logistics per VITAL recommendations and/or mutually agreed to spare ratio. Repair of such consigned Product will be at MCK expense.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Service Parts Inventory. On or before October 27, 1997, a physical inventory shall be conducted jointly by Buyer and Seller of the portion of the Inventory described as "service parts" (the "Service Part Inventory").
Sample 1Sample 2
Service Parts Inventory. Integrator shall maintain a sufficient Service Parts inventory to support its End User base. Service Parts may only be used for remedial maintenance purposes. Cisco may periodically request a Service Parts inventory report from Integrator. Integrator is responsible for maintaining up to date revisions of service parts inventory.
Sample 1

Related to Service Parts 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.

  • Spare Parts Contractor shall be responsible for obtaining vendor recommendations for spare parts and delivering such recommendations and spare parts to Owner in accordance with Section 3.4 of the Agreement.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • 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.

  • 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

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

  • Physical Inventory Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests and promptly supply FINOVA with a copy of such accounts accompanied by a report of the value (calculated at the lower of cost or market value on a first in, first out basis) of the Inventory and such additional information with respect to the Inventory as FINOVA may request from time to time.

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

  • Spares Boeing will revise, as applicable, the customized Recommended Spares Parts List (RSPL) and Illustrated Parts Catalog (IPC).

Time is Money Join Law Insider Premium to draft better contracts faster.