Examples of New Inventory in a sentence

For example, a dealer could apply for a $300,000 floor plan line of credit to support New Inventory and a $200,000 floor plan line of credit to support Used Inventory.
Liquidity Services, Inc., to Develop and Implement New Inventory Assurance Procedures under Its Surplus Contract with DOD.
In the event of a termination of this Agreement (other than: (i) a termination by Seller pursuant to Section 4.2(b) and (ii) a termination pursuant to Sections 4.2(c), 4.2(e), 4.2(i) or 4.2(j)), Seller shall have the right to return any New Inventory to Lentzy Investments in accordance with the terms of the purchase order applicable to such New Inventory and shall be reimbursed the full amount paid by Seller therefor, in cash.
To the extent Seller purchases Inventory for cash that is ordered from Lentzy Investments or any of its Affiliates during the period commencing on the date of this Agreement and ending at 11:59 p.m. on the day immediately preceding the Closing Date (“New Inventory”), Seller shall maintain and store any such New Inventory in the Seller’s warehouses and storage facilities until the Closing Date except as provided in this Section 7.16.
For more information regarding reporting incidents and near misses go to: Risk Management● UC Chemicals: You may create an inventory in the UC application Chemicals by clicking on Create a New Inventory from the drop down box.

More Definitions of New Inventory

New Inventory shall have the meaning set forth in Section 7.16.

New Inventory means all of Sellers’ supplies, equipment, and spare parts necessary or useful for day-to-day maintenance and repair acquired on or after November 1, 2004, that has not been depleted or consumed as of the Scheduled Closing Date, which shall be identified by dollar value at each of Sellers’ locations or on Sellers’ vehicles on Schedule 2.5(b). Schedule 2.5(b) shall be delivered by Sellers to Purchaser five Business Days prior to the Scheduled Closing Date.

New Inventory means, at any time, Inventory relating to any product (including drones, but excluding cameras and other capture devices and virtual reality products and any related components and accessories) unless such product (or such type of product) shall have been generally made available for sale by the U.S. Loan Parties and the Dutch Borrower for at least six full calendar months and such product shall have been covered by an appraisal received by the Administrative Agent pursuant to this Agreement (and which appraisal has been prepared as of a date that is not less than six full calendar months after the first date on which any U.S. Loan Party or the Dutch Borrower shall have made such product generally available for sale).

New Inventory means items of automotive inventory in good, salable condition, listed in the manufacturer's current price sheet, including core charges associated with such inventory, if applicable, and subject to manufacturers' obsolescence and returned goods policies of the kinds normally extended to customers for a particular product line on an industry-wide basis, owned by Seller and on hand at the Purchased Locations or the Closed Locations at the Closing Date. New Inventory shall not include Dirty Core and Warranty Inventory. New Inventory (excluding In-transit Inventory) determined on the True-Up Date to be in excess of 105% of amounts as at June 25, 1998 heretofore disclosed by Seller to Purchaser shall be subject to renegotiation or return to Seller. Consigned goods owned by Seller shall be included in New Inventory only after confirmation of the amount and verification of the consignment in writing by the consignee.

New Inventory. Inventory of a particular stock keeping unit which has been ------------- sold or offered for sale by the Borrower or any Additional Subsidiary for a period of only fifteen months or less.

New Inventory is defined in Section 2.5(b).

New Inventory means all present and future rights, title, and interest of Obligor with respect to, wherever located (a) any inventory, including goods held for sale or lease or to be furnished under a contract of service, (b) raw materials, work in process, and finished goods, (c) any models, molds, and masters, (d) packing and shipping materials, and (e) any documents of title representing any of the above, in each case acquired by Obligor on or after August 1, 1997.