Perishable Inventory definition

Perishable Inventory means inventory consisting of meat, dairy, cheese, seafood, produce, prepared meals, delicatessen, non-artificial floral products and bakery goods and other similar categories of Inventory which have a short shelf life.

Perishable Inventory means Inventory included in the following categories as reported by the Loan Parties consistent with then-current industry practices: bakeries, produce, floral, dairy, fresh seafood, meat and deli.

Perishable Inventory means Inventory included in the following categories as reported by the Borrowers consistent with past practice: bakeries, produce, floral, dairy, fresh seafood, meat and deli.

Examples of Perishable Inventory in a sentence

• The Debtors historically have relied upon an extensive network of international and domestic suppliers (collectively, the "Perishable Inventory Suppliers") for their perishable inventory needs.

• The Debtors rely on a network of suppliers (collectively, the "Non-Perishable Inventory Suppliers" and, together with the Perishable Inventory Suppliers, the "Inventory Suppliers") for a wide variety of non-perishable, floral-related inventory needs (e.g., branded and non-branded containers and customized packaging) (collectively, the "Non-Perishable Inventory").

• Ayer, C.C. White, "2-Approximation Algorithms for Perishable Inventory Control When FIFO Is an Optimal Issuing Policy", INFORMS, Philadelphia, PA, November 1-4, 2015.

• Blood Platelet Production: a Multi-type Perishable Inventory Problem.

• Johnson, “A Perishable Inventory Problem with Positive Replenishment Lead Times and Backlogging,” INFORMS, Denver, October 24-27, 2004.

More Definitions of Perishable Inventory

Perishable Inventory means Inventory consisting of dairy, frozen foods, deli, bread, sweet snacks and other perishable grocery items.

Perishable Inventory means Inventory that is subject to decay, spoilage, or destruction solely due to the passage of time.

Perishable Inventory means Inventory consisting of meat, dairy, cheese, seafood, produce, delicatessen, non-artificial floral products and bakery goods and other similar categories of Inventory that have a short shelf life.

Perishable Inventory means Inventory consisting of packaged baked goods, baked goods, meat, sliced meat and deli, dairy, produce and vegetables, seafood, floral and restaurant goods (as defined by the Borrowers in good faith), in each case having a shelf-life of forty-five (45) days or less.

Perishable Inventory means Inventory that is subject to decay, spoilage, or destruction solely due to the passage of time. “Permitted Discretion” means a determination made in good faith and in the exercise of reasonable (from the perspective of a secured asset-based lender) business judgment. “Permitted Encumbrances” means: (a) Liens imposed by law for Taxes that are not yet due or are being contested in compliance with Section 6.05; (b) landlord’s, carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s and other like Liens imposed by law, arising in the ordinary course of business and securing obligations that are not overdue by more than 90 days or are being contested in compliance with Section 6.05; (c) pledges and deposits made in the ordinary course of business in compliance with workers’ compensation, unemployment insurance, old-age pension and other social security laws or regulations;

Perishable Inventory. Any Inventory that does not constitute Non- Perishable Inventory.

Perishable Inventory means Inventoxx xxxx xx subject to decay, spoilage, or destruction solely due to the passage of time.