Examples of Acquired Inventory in a sentence
Buyer desires to purchase and accept such assignment and assume all rights, title, interests and obligations of Tenant under the Leases, Acquired Inventory, and FF&E at the Leased Premises to the extent set forth herein, subject to the conditions hereinafter set forth.
The consideration for the sale of the Leases and any security deposits held by the respective landlords in connection therewith, together with permits and licenses (to the extent assignable), the Acquired Inventory, and FF&E at the Leased Premises to the extent set forth herein, (the foregoing, as applicable, collectively, the “Acquired Assets”), shall be equal to Seventy-Five Thousand and No/100 Dollars ($75,000.00) (the “Purchase Price”) plus the Acquired Inventory Costs.
Except with respect to Acquired Inventory, the Seller Parties is not responsible for aggregate (in total) inventory shortages.
In connection with the preparation of the Estimated Closing Statement, within seven (7) days prior to the Closing, Buyer shall have the opportunity to cause Seller to conduct a physical count of the Acquired Inventory, which Buyer and its Representatives may observe.
The Acquired Inventory was Manufactured in accordance with cGMP and in compliance with the applicable Product Specifications.