Process and Maintenance Inventory definition

Process and Maintenance Inventory means the process and maintenance inventory described on Schedule B attached hereto.
View Source
Process and Maintenance Inventory has the meaning set forth in the Purchase Agreement.
View Source

Examples of Process and Maintenance Inventory in a sentence

  • The Post-Closing Statement shall set forth in reasonable detail the New Member’s calculations of such amounts and numbers in a manner consistent with the terms and conditions of this Agreement, including book value with respect to Process and Maintenance Inventory and the measurement methodology set forth on Schedule C attached hereto with respect to Product Inventory.

  • The Existing Member shall, and shall cause its Affiliate to, use best efforts to consummate the Reorganization such that, at the Closing, (i) such Process and Maintenance Inventory so identified and selected by the Existing Member and the New Member is conveyed, transferred, assigned and delivered to the Company and (ii) the Process and Maintenance Inventory Amount Difference is zero dollars ($0).

  • The New Member shall provide to the Existing Member reasonable documentation in the possession of the New Member and its Affiliates to support the items for which adjustments are proposed or made in the Post-Closing Statement (including in respect of the Closing Process and Maintenance Inventory and Closing Product Inventory), and a brief explanation of any such adjustments and the reasons therefor.

  • For avoidance of doubt, if Process and Maintenance Inventory Amount Difference is zero dollars ($0), then there shall not be any conveyance, transfer, assignment or delivery of Process and Maintenance Inventory in accordance with Section 2.03(i).

  • Any Process and Maintenance Inventory conveyed, transferred, assigned and delivered pursuant to this Section 2.03(g) shall be mutually selected in good faith by the Existing Member and the New Member.