Inventory Assets definition

Inventory Assets means any asset stored or kept by NORTHSTAR at the Data Center Facility other than the Hosted Servers, which may include, without limitation, servers or hardware equipment that are damaged, defective, malfunctioning or not operating, servers or hardware equipment that are returned for maintenance and repair, servers or hardware equipment that are backup to the Hosted Servers, the spare parts and components for the maintenance and repair of the Hosted Servers, and the packaging materials for the Hosted Servers.
Inventory Assets means publications (printed material), research materials and inventories of merchandise and supplies.
Inventory Assets means inventory from time to time owned by any Restricted Subsidiary of the US Borrower.

Examples of Inventory Assets in a sentence

  • Subject to Articles 8.2 and 8.3, Service Provider acknowledges and agrees that the Hosted Servers and Inventory Assets are assets of NORTHSTAR or any third party designated by NORTHSTAR (as applicable) (collectively, the “Owner of Hosted Servers”) and the Owner of Hosted Servers shall solely have the proprietary interest in the Hosted Servers.

  • In addition to the space for hosting of the Hosted Servers, Service Provider shall provide sufficient space to NORTHSTAR for storage and safe-keeping of Inventory Assets, provided that the number of Inventory Assets that NORTHSTAR may store and keep at Data Center Facility shall not be more than 1% of the number of the Hosted Servers.

  • For the purpose of this Article, the number of Inventory Assets refers to the number of whole servers and equipment hardware and the number of servers and equipment hardware which the spare parts and components may be assembled into or installed on.


More Definitions of Inventory Assets

Inventory Assets means all Inventory owned by the Company, including and in particular all Inventory located on the Lands;
Inventory Assets means any asset stored or kept by CTG at the Data Center Facility other than the Co-location Servers, but which is reasonably necessary to operate or maintain the Co-location Servers. Inventory Assets which may include, without limitation, servers or hardware equipment that are damaged, defective, malfunctioning or not operating, servers or hardware equipment that are returned for maintenance and repair, servers or hardware equipment that are backup to the Co-location Servers, the spare parts and components for the maintenance and repair of the Co-location Servers, and the packaging materials for the Co-location Servers.
Inventory Assets means any asset stored or kept by Client at the Data Center Facility other than the Colocation Servers, but which is reasonably necessary to operate or maintain the Colocation Servers. Inventory Assets which may include, without limitation, servers or hardware equipment that are damaged, defective, malfunctioning or not operating, servers or hardware equipment that are returned for maintenance and repair, servers or hardware equipment that are backup to the Colocation Servers, the spare parts and components for the maintenance and repair of the Colocation Servers, and the packaging materials for the Colocation Servers.
Inventory Assets. All (a) present and future new Peterbilt truck and tractor inventory of Rush Peterbilt Truck Centers, (b) Peterbilt trucks and tractors sold to certain approved customers with delayed payment terms, provided that all such vehicles and customers are included on the monthly Borrowing Base Certificate, and (c) bodies, attachments, accessories, exchanges and additions to (including replacement parts installed in or repairs to) (i) such Peterbilt truck and tractor inventory and (ii) Peterbilt vehicles sold with delayed payment terms.
Inventory Assets means the PRC system inventory of Seller that is both (i) listed on Schedule 2.1A and (ii) Delivered to Buyer. Schedule 2.1A may include inventory that Seller does not own that does not constitute "Inventory Assets."
Inventory Assets means, collectively, (i) Bombardier, (ii) the IS Equipment, (iii) Red River and (iv) Furniture Division Inventory, each as reflected on the Company’s balance sheet dated as of the Closing Date.
Inventory Assets means all Inventory owned by the Company, including and in