Finished Inventory definition

Finished Inventory means all finished goods inventory of Product.

Finished Inventory means all finished goods inventory of Product. “GAAP—generally accepted United States accounting principles, applied on a consistent basis.

Finished Inventory has the meaning set forth in Section 1.1(b).

Examples of Finished Inventory in a sentence

• No quantities of Finished Inventory are held on a consignment basis.

• The Finished Inventory is usable or saleable in the Ordinary Course of Business.

• Customer Releases from Finished Inventory Program (1) Truckload releases: No ship tolerance applies.

• The Closing Inventory Statement shall be based on a system count on the Finished Inventory conducted within 10 days following the Closing Date.

• Notwithstanding anything to the contrary in this Agreement or in any Ancillary Agreement, other than the Finished Inventory to be purchased pursuant to Section 2.3.3 and the purchase of Product and Authorized Generic Product pursuant to the Supply Agreement, (a) Buyer shall not acquire the Excluded Assets pursuant to this Agreement or any Ancillary Agreement, (b) the Purchased Assets shall not include the Excluded Assets, and (c) Seller shall retain the Excluded Assets following the Closing Date.

More Definitions of Finished Inventory

Finished Inventory means all inventory of the Product and the Authorized Generic Product in finished packaged form (together with any Product packaging materials thereon) that is owned by Seller or any of its Affiliates and that is labeled, and has been released, for sale in the Territory.

Finished Inventory of a person means property of the person, other than capital property of the person, that is in the state at which it is intended to be sold by the person, or to be used by the person as added property, in the course of a business carried on by the person;

Finished Inventory means the Sellers, finished products relating to the Business, wherever located.

Finished Inventory means any stock of finished Products maintained by Seller or any of its Affiliates anywhere in the world.

Finished Inventory has the meaning set forth in the Asset Purchase Agreement.

Finished Inventory means the Company's inventory of finished Products on Purchase Date, plus additions thereto through the Closing Date, including such finished Products in transit and held at contractors;

Finished Inventory means all inventory of finished pharmaceutical product (but not any works in progress or materials used in the manufacture of finished pharmaceutical product) that is formulated, labeled or otherwise intended for use, sale or offer for sale, whether held at a location or facility of the Elan Companies or any Affiliate thereof (or of any other Person on behalf of the Elan Companies or any Affiliate thereof) or in transit to or from the Elan Companies or any Affiliate thereof (or any such other Person). For the purposes of this Agreement, "Finished Inventory" shall be deemed to include samples of finished pharmaceutical product designated for use in promoting pharmaceutical product and that are not intended to be sold, consistent with FDA requirements.