Inventories definition

Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

Inventories means all inventories, merchandise, goods, raw materials, packaging, labels, supplies and other personal property which are maintained, held or stored by or for the Company or any Company Subsidiary at the Closing, and any prepaid deposits for any of the same.

Inventories means all inventories of Seller, wherever located, including all finished goods, work in process, raw materials, spare parts and all other materials and supplies to be used or consumed by Seller in the production of finished goods.

Examples of Inventories in a sentence

• Current Inventory levels are consistent with the level of Inventories that has been maintained in the operation of the Business prior to the date hereof in accordance with the operation of the Business in the Ordinary Course of Business.

• Schedule 2.1(d) of the Disclosure Letter lists all of the Inventories as of the dates indicated therein, which are at the latest 48 hours before Closing Date in all cases.

• If there is a value shortfall of 10% or more between the updated Inventories list within the Closing Date Statements, as finally determined, and the Inventories lists delivered under Schedule 2.1(d) of the Disclosure Letter, the Vendor shall pay to the Purchaser, by wire transfer of immediately available funds, the value shortfall within 30 days from the final determination of the Closing Date Statements.

• The portion of the Inventories consisting of finished products has a shelf life of a minimum of four (4) months and, as at the date hereof, is saleable in the Ordinary Course of Business at the normal prices they are currently sold under.

• The Inventories consist of items that are current and of good and merchantable quality and not subject to any write-down or write-off and the portion of the Inventories consisting of raw materials and work-in-progress is of a quality useable in the production of finished goods.

More Definitions of Inventories

Inventories means inventories, including raw materials, work-in-process, materials, components, finished goods, parts, accessories and supplies.

Inventories means, in respect of any Person, all inventories of such Person wherever located, including all finished goods, (whether or not held at any location or facility of such Person or in transit to or from such Person), work in process, raw materials, spare parts and all other materials and supplies to be used or consumed by the Person in production of finished goods.

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

Inventories as defined in the Uniform System of Accounts, such as provisions in storerooms, refrigerators, pantries and kitchens, beverages in wine cellars and bars, other merchandise intended for sale, fuel, mechanical supplies, stationery, and other supplies and similar items.

Inventories means "Inventories" as defined by GAAP such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; medical supplies; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

Inventories all inventories of Seller, wherever located, including all finished goods, work in process, raw materials, spare parts and all other materials and supplies to be used or consumed by Seller in the production of finished goods. "IRS"--the United States Internal Revenue Service and, to the extent relevant, the United States Department of the Treasury.

Inventories as defined by GAAP such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; medical supplies; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.