Retained Inventory definition

Retained Inventory has the meaning given in Clause 2.9.1;
Retained Inventory means, as of a specified time, the amount of all inventories of materials, parts, raw materials, supplies, work-in-process and finished goods and products of the Sellers or any of their respective Affiliates (other than an Acquired Company), other than the Business Inventory.
Retained Inventory has the meaning set forth in Section 2.2.8.

Examples of Retained Inventory in a sentence

  • All of Sellers' inventories, as of the Closing, located on the Real Property or otherwise identified on Schedule 1.1(c)(i), including without limitation finished goods, work-in-process, raw materials, supply and samples inventories, and other inventories, excluding only the Retained Inventory (hereinafter defined) described on Schedule 1.1(c)(ii).

  • Seller shall pay to Buyer a commission equal to 9% of gross sales on the Retained Inventory.

  • Purchaser also will provide Seller and its representatives reasonable access thereto, during normal business hours and on reasonable prior written notice, to enable Seller to prepare financial statements or defend claims or other proceedings or investigations relating to Excluded Liabilities, Excluded Assets, Retained Inventory Rights or any claims for indemnification made under Article V.

  • The Seller shall aggregate all such Retained Inventory Payments during a given calendar month following the Closing Date and shall pay all such Retained Customer Inventory Payments via ACH transfer to the Company in a single lump sum within thirty (30) days following the end of such calendar month to an account designated in advance by the Company.

  • All Inventory other than the Transferred Inventory shall be retained by the Seller (“Retained Inventory”), and, notwithstanding Section 7.11 of this Agreement, the Seller shall have the right to sell such Retained Inventory from time to time to third parties in its sole discretion.


More Definitions of Retained Inventory

Retained Inventory has the meaning set forth in Section 9(a).
Retained Inventory means the Seller Labeled Inventory listed on Schedule 5 attached hereto.”
Retained Inventory means a portion of the Inventory at Closing, comprised of finished goods logs or lumber which has, at the time of Closing, a market value of C$6 million.
Retained Inventory has the meaning set forth in Schedule 1.09
Retained Inventory means any and all Inventory or other assets of the Companies that cannot, without the consent of any Regulatory Authorities, be transferred to Newco in connection with the Pre-Closing Restructuring or at the Closing.
Retained Inventory means the inventories relating to the Retained Production Assets more particularly described on Schedule 2.4(o).
Retained Inventory means any Inventory that has been committed to, and paid for by, Xxxxxx Laboratories or any other Person who is not a party to this Agreement, [*].