Examples of Specified Inventory in a sentence
On the Closing Date, Seller shall cause an initial shipment of the Specified Inventory to be sent to an address to be provided by Purchaser to Seller in writing at least five business days in advance of Closing (the “Closing Date Shipment”).
Consultant to provide transition services, including but not limited to advising Service Recipient on knowledge, and sale of each SKU of Specified Inventory consistent with and as described in the Transition Services Agreement (as each capitalized term is defined in the Purchase Agreement) until such time that no Services are being provided thereunder.
Consultant to provide assistance with sourcing, evaluating and entering into supplier agreements with New Suppliers in respect of each SKU of Specified Inventory (as each capitalized term is defined in the Purchase Agreement).
Deliveries of Specified Inventory shall be subject to Seller’s standard acceptance procedures at its facilities.
Prior to Closing, Purchaser and Seller shall agree in good faith the size of the Closing Date Shipment and the size, timing of the subsequent delivery dates of the subsequent shipments of the remaining Specified Inventory which shall occur within 30 days of the Closing Date.