Business Inventory definition

Business Inventory has the meaning set forth in Section 2.1(b).

Business Inventory means (a) the Inventory and (b) inventories of raw materials, work-in-process, finished goods and packaging materials of a Purchased Company as of immediately prior to the Closing (in each case, except to the extent a Separation Asset).

Business Inventory means the Seller Inventory owned by Seller or its Subsidiaries and used or held for use exclusively in the Business as of the Closing Date.

Examples of Business Inventory in a sentence

• See also Rule M 309 – Medical Marijuana Business: Inventory Tracking System.

• See Rule M 309, Medical Marijuana Business: Inventory Tracking System.

• Seller also will protect the Assets and maintain the Business, Inventory, and Personal Property in good operating condition and repair, ordinary wear and tear excepted, and will, at Seller’s sole cost and expense, repair, replace, or restore, as applicable, any item of Inventory or Personal Property which ceases to be in such condition.

• All items of Business Inventory have been acquired or manufactured, sold and maintained in the ordinary course of business consistent with past practice.

• Such statement of Business Inventory shall be derived from a physical taking of the inventory as of the Closing Date.

More Definitions of Business Inventory

Business Inventory means all inventory of goods and supplies used or maintained in connection with the Business including, but not limited to, food, cleaning materials, disposables, linens, consumables, office supplies, drugs and medical supplies.

Business Inventory means all finished or unfinished goods associated with the Business Products (together with any packaging materials) including API, work in process, finished goods, labels and bottles owned as of the Closing by Seller or any of its Subsidiaries, wherever located.

Business Inventory means, as of a specified time, the amount of all inventories of materials, parts, raw materials, supplies, work-in-process and finished goods and products of Sellers and their respective Affiliates exclusively related to the Business, determined in accordance with Exhibit C.

Business Inventory means all Inventory related to, used or held for use in connection with the Business but shall exclude any Inventory related to, used or held for use in connection with the Retained Business, inventory on consignment, inventory in processing and inventory reserves.

Business Inventory means any inventory that is Related to the Business, whether held at any location or facility owned, leased or used by any of the Sellers or any of their respective Affiliates or in transit to any of the Sellers or any of their respective Affiliates, except to the extent specifically included in Excluded Assets.

Business Inventory means all released and packed inventory of Products in finished form beneficially owned by any member

Business Inventory shall have the meaning assigned thereto in Section 4.2(a).