Inventory Sale Agreement definition

Inventory Sale Agreement has the meaning specified in the recitals hereto.
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Inventory Sale Agreement means an unconditional, written Contractual Obligation of a third party purchaser (in form and substance and with a third party acceptable to the Administrative Agent in its sole discretion exercised reasonably), pursuant to which such purchaser is obligated to purchase from such Borrower or Eligible Subsidiary specifically designated Inventory in the possession of such Borrower or Eligible Subsidiary, within a specified period (or at a specified date), for a determined price and pursuant to specific payment terms.
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Inventory Sale Agreement means the agreement between PBF and MSCG, dated as of the date hereof, pursuant to which MSCG will purchase from PBF and PBF will sell to MSCG, the Initial Inventory.
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Examples of Inventory Sale Agreement in a sentence

  • On the Commencement Date, pursuant to the Inventory Sale Agreement, MSCG shall sell to TRC, and TRC shall purchase from MSCG, the Initial Inventory.

  • The Parties intend that each of the sales from PBF (as seller) to MSCG (as buyer) under this Agreement and the Inventory Sale Agreement be treated as sales of Product by the seller to the buyer for all purposes.

  • The Seller and Purchaser have entered into the Inventory Sale Agreement on Completion for the purchase of the Inventory.

  • On the Commencement Date, pursuant to the Inventory Sale Agreement, PBF shall sell to MSCG and MSCG shall purchase from PBF, and MSCG shall pay to VMSC the purchase price for, the Initial Inventory.

  • To the Directors’ best knowledge, information and belief and having made all reasonable enquiries, as at the date of this announcement, no Shareholder has a material interest in the Share Sale Agreement, the Inventory Sale Agreement and the transactions contemplated thereunder, and therefore no Shareholder is required to abstain from voting on the proposed resolutions approving the Share Sale Agreement, the Inventory Sale Agreement and the transactions contemplated thereunder.

  • Buyer or Buyer’s Affiliate shall pay Seller the estimated consideration for the Inventory pursuant to the Purchased Inventory Sale Agreement.

  • The purpose of this circular is to provide you with, among other things, (a) further information on the Share Sale Agreement and the Inventory Sale Agreement; (b) the financial information of the Target Company; (c) the pro-forma financial information of the Remaining Group; (d) the details of the Analysis Report and the Valuation Report issued by the Independent Valuer; (e) other information as required under the Listing Rules; and (f) notice of the SGM.

  • The Greenbrier Inventory to be sold pursuant to the Greenbrier Inventory Sale Agreement will be sold to the Joint Venture free and clear of all Liens and is located at the Greenbrier Real Property (other than goods in transit).

  • The reserves (as adjusted pursuant to the Watco Inventory Sale Agreement) for excess inventory and obsolescence with respect to the Watco Inventory are adequate and are calculated consistent with past practice.

  • The Inventory Sale Agreement and the ancillary Trade Mark Licence form part and parcel of the transaction contemplated under the Share Sale Agreement.


More Definitions of Inventory Sale Agreement

Inventory Sale Agreement means the Inventory Sale Agreement substantially in the form of Exhibit 1.1-C dated as of the date hereof among Seller, Buyer, Valero, and MSCG.
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Related to Inventory Sale Agreement

  • Asset Sale Agreement means that certain Asset Sale Agreement between Buyer and Seller, dated as of the date hereof.

  • Loan Sale Agreement means the Commercial Loan Sale Agreement, dated as of the date hereof, between the Originator and the Trust Depositor, as such agreement may be amended, modified, waived, supplemented or restated from time to time.

  • Sale Agreement means the Sale Agreement Master Securitization Terms Number 1000, dated as of November 14, 2013, among SLM Funding LLC, as Seller, SLM Student Loan Trust 2013-6, as Purchaser, and Deutsche Bank Trust Company Americas, as Interim Eligible Lender Trustee and as Eligible Lender Trustee.

  • Receivables Sale Agreement means that certain Receivables Sale Agreement, dated as of the Closing Date, by and among the Originators and Seller, as amended, restated, supplemented or otherwise modified from time to time.

  • Mortgage Loan Sale Agreement The mortgage loan sale and assignment agreement dated as of November 1, 2003, for the sale of the Mortgage Loans by the Seller to the Depositor.

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008, 23 June 2014, 24 April 2018, 18 April 2020, 16 June 2020 and as further amended and restated on 30 April 2021 made between Santander UK plc (1) Abbey Covered Bonds LLP (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Sale Agreements This Agreement, the Current Excess Servicing Spread Acquisition Agreement for FHLMC Mortgage Loans, the Current Excess Servicing Spread Acquisition for GNMA Mortgage Loans and the Current Excess Servicing Spread Acquisition Agreement for Non-Agency Mortgage Loans.

  • conditional sale agreement means an agreement for the sale of goods under which the purchase price or part of it is payable by instalments, and the property in the goods is to remain in the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled;

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • Purchase and Sale Agreement means that certain Purchase and Sale Agreement, dated as of the Closing Date, between the Transferor, as the seller, and the Borrower, as the purchaser, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Receivables Transfer Agreement means, collectively or individually, the Originator Receivables Transfer Agreement and the Master Trust Receivables Transfer Agreement, as the context may require.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Lease-purchase agreement means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Open Market Sale Agreement is a service mark of Xxxxxxxxx LLC

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Receivables Transaction Amount means the amount of obligations outstanding under the legal documents entered into as part of such Qualified Receivables Transaction on any date of determination that would be characterized as principal if such Qualified Receivables Transaction were structured as a secured lending transaction rather than as a purchase.

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.