Parts and Supplies Inventory definition

Parts and Supplies Inventory means as of any date of determination Company's or a Permitted Subsidiary's inventory (valued at the lower of book value and market value) consisting of parts and supplies (excluding fluids and de minimus amounts of other parts and supplies) being used or reasonably expected to be used in the immediately succeeding twelve months in connection with the Rental Equipment.

Parts and Supplies Inventory means the dollar value of spare parts and supplies of the Seller that are located on the Real Property as of the Closing Date or used in connection with the Business but under repair offsite, valued in accordance with GAAP, consistent with the Financial Statements and Seller’s past practices for the Business.

Parts and Supplies Inventory means the warehouse and stores inventory (including tools, spare parts, catalysts, chemicals, precious metals, sulphur and other similar items) owned by the Companies as of the Measurement Time.

Examples of Parts and Supplies Inventory in a sentence

• The Illustrative Adjustment Schedule is a true, correct and complete calculation of the Coal Inventory Cost and the Parts and Supplies Inventory as of June 30, 2018 valued in accordance with GAAP, using the same accounting methods, policies, practices and procedures, with consistent classifications and estimation methodologies as were used to prepare the Financial Statements.

• The synaptic weights are tuned during a babbling phase in which random movements of the speech articulators provide tactile, proprioceptive, and auditory feedback signals that are used to learn the mappings between different neural representations.

• The quantities of each item of Parts and Supplies Inventory are not excessive, but are reasonable in the present circumstances of Seller.

More Definitions of Parts and Supplies Inventory

Parts and Supplies Inventory means all of each Credit Party's Inventory consisting of parts and supplies.

Parts and Supplies Inventory means all of each Borrower's Inventory consisting of parts and supplies.

Parts and Supplies Inventory has the meaning set forth in Section 1.1.4.

Parts and Supplies Inventory means all of any Credit Party’s now owned and hereafter existing or acquired goods, wherever located, consisting of such Credit Party’s inventory of finished aviation and drilling parts and supplies held by any Credit Party for incorporation into Seismic and Environmental Equipment used by any Credit Party in its business or for sale in the ordinary course of its business to third parties, in each case which are not attached to, incorporated into or affixed to any Seismic and Environmental Equipment.

Parts and Supplies Inventory has the meaning set forth in Section 2.01.

Parts and Supplies Inventory means all of each Credit Party's Inventory consisting of parts and supplies. "PAYMENT DIRECTION NOTICE" has the meaning ascribed to such term in SECTION 3.16(a).

Parts and Supplies Inventory means spare parts and supplies of any Seller that are located in any of the warehouse facilities and supply yards that any Seller uses for the Business as of the Closing Date that are useable and not obsolete and valued in accordance with GAAP.