Buyout Items definition
Buyout Items means any non-stock inventory item that (a) is purchased directly by a Person for a specified job or customer of such Person, (b) requires no additional work to be performed on it by such Person, and (c) is included in finished goods inventory until it becomes part of the finished product or is sold directly to the customer of such Person.”
Buyout Items is added to Section 1.1 of the Credit Agreement and shall read as follows: