Inventory on Order definition

Inventory on Order means all merchandise and inventory to be used in the Purchased Business that has been ordered but not yet received in Canada by the Vendor, including all merchandise and inventory on ocean transit to the Vendor;
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Inventory on Order means merchandise that is the subject of a Purchase Order.
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Examples of Inventory on Order in a sentence

  • Seller shall provide to Buyer on a weekly basis from the date of execution of this Agreement through the Closing Date, reports on (i) the status of any Purchase Order and any Inventory on Order, (ii) the receipt of any such inventory at the Seller's Warehouse prior to the Closing Date, and (iii) the status of payment of the purchase price, duties and agent commissions applicable to each Purchase Order.

  • Order Seller shall use commercially reasonable efforts to assure that Inventory on Order to be delivered after the Closing Date will be delivered at such location as may be designated by Buyer.

  • Seller shall further Indemnify Buyer with respect to product liability, forced labor or other Claims arising out of or with respect to the Inventory and Inventory on Order acquired hereunder and with respect to Seller's operations of the Stores, prior to the Closing Date, including without limitation with respect to Claims under warranties or guarantees given to invitees of Seller and with respect to Claims of any invitees seeking redress for personal injury or damage to or loss of property.

Related to Inventory on Order

  • Sanction Order means the Court Order to be sought by the Participating CCAA Parties from the Court as contemplated under the Plan which, inter alia, approves and sanctions the Plan and the transactions contemplated thereunder, pursuant to section 6(1) of the CCAA, substantially in the form of Schedule “E” or otherwise in form and content acceptable to the Participating CCAA Parties, the Monitor and the Parent, in each case, acting reasonably;

  • Medication order means a written or verbal order from a

  • Prescription order means any of the following:

  • DEVIATION ORDER means any order given by the Engineer-in-Charge to effect an alteration, addition or deduction, which does not radically affect the scope and nature of the contract.

  • Variation Order means any written order, identified as such issued to the Contractor by the Employer under Sub Clause 31.1.