Examples of Finished Inventory in a sentence
If while Finished Inventory where there is a known third party buyer is in transit a claim were to occur the proceeds from settlement would be due the title holder at the time of the loss event.
REG Marketing shall take title to the Finished Inventory where there is a known buyer when loaded for delivery FOB the Biodiesel Facility, unless otherwise agreed.
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.
REG Marketing will carry Property in Transit insurance for all Finished Inventory where there is a known third party buyer in shipment.
The Finished Inventory is usable or saleable in the Ordinary Course of Business.