Operating Inventory definition

Operating Inventory means rolling stock, pipes, casing, tubing, tubulars, fittings, and other spare parts, supplies, tools, and materials held as operating inventory.

Operating Inventory means consumable items used or held in storage for use in the operation of the Sports Center, including retail merchandise, food and beverage inventory, kitchen supplies, paper and plasticware, bathroom supplies, paper towels, cleaning materials, supplies and other similar items.

Operating Inventory shall have the meaning assigned thereto in Section 2.2(i).

Examples of Operating Inventory in a sentence

• The Assets will be sold by Seller and purchased by Buyer in their condition at Closing, "AS IS", WITH NO WARRANTY OF HABITABILITY OR FITNESS FOR HABITATION, with respect to the Real Property, and WITH NO WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, with respect to the Personal Property and Operating Inventory, any and all of which warranties (both express and implied) Seller hereby disclaims.

• As manufacturers raise their pricing, the Contractor’s pricing will match the increase percentage of the manufacturer.

• All accounts payable for Operating Inventory ordered by Lessor in a manner prohibited by Section 6.3 hereof shall be retained by Lessor and not purchased by Lessee, unless Lessee shall otherwise agree.

• Each of Lessee and Lessor shall pay one-half the expenses of engagement of the Accountants in respect of such review and the resolution of any dispute concerning the Operating Inventory and Post-Closing Adjustments.

• Lessee, at its sole cost and expense, shall maintain and replace the Operating Inventory so that substantially the same quantities of such items that existed on the Commencement Date shall be available to Lessor on the termination of this Lease.

More Definitions of Operating Inventory

Operating Inventory means consumable items used or held in storage for use in the operation of the Sports Park, including retail merchandise, food and beverage inventory, kitchen supplies, paper and plastic ware, bathroom supplies, paper towels, cleaning materials, supplies and other similar items.

Operating Inventory means consumable items used or held in storage for use in the operation of the Garden, including bathroom supplies, paper towels, cleaning materials, supplies, gardening supplies and equipment and other similar items.

Operating Inventory as used herein, shall mean all food, beverages (alcoholic and non-alcoholic) and other consumable items used in the operation of the Hotel such as linens and terrx, xxankets and spreads, fuel, engineering, maintenance and housekeeping supplies, soap, cleaning materials, matches, stationery and printing, brochures, literature, folios and all other similar items, together with all substitutions and replacements thereto.

Operating Inventory will have the meaning given to such term in Clause Two (F) of this Agreement.

Operating Inventory means consumable items used in or held in storage for use in the operation of the Facility, including scorecards and cart tickets, driving range balls, professional shop merchandise, food and beverages, paper and plastic xxxx, fuel, cleaning materials, fertilizers, pesticides, linens, glassware, sanitation supplies and other similar items.

Operating Inventory means rolling stock, pipes, casing, tubing, tubulars, fittings, and other spare parts, supplies, tools, and materials held as

Operating Inventory means property (other than FF&E or Operating and Consumable Supplies) used in, or held in storage for use in, or if the context shall dictate, required in connection with, the operation of the Center.