Stock Inventory definition

Stock Inventory means Inventory consisting of scrap that is usable in the production of finished goods.
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Stock Inventory means items which are held by Seller in stock on the Closing Date. Such items are not included in the Assets, but will be accepted by Buyer on consignment and will be used by Buyer from time to time at Buyer's sole option, except as hereinafter otherwise provided. All Stock Inventory not used by Buyer will remain inventory of Seller. With respect to each item of Stock Inventory used by Buyer, Buyer shall pay Seller on the First Payment Date an amount equal to the sum of the cost to Seller of such item plus ten percent (10%) of such cost (the "Stock Inventory Price") for those items so used by Buyer after the Closing Date but before the First Payment Date and shall pay Seller on the Second Payment Date an amount equal to the Stock Inventory Price for those items so used by Buyer after the First Payment Date but before the Second Payment Date. Seller shall have the right to use those items of Stock Inventory that are in excess of then current requirements to fulfill the Buyer's then production and delivery schedules, and Buyer shall purchase those items of Stock Inventory that are required to fulfi11 production and delivery schedules of Backlog Jobs.
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Stock Inventory means all inventory other than On Account Inventory, Returned Inventory, Slow Moving Inventory and Western Inventory, and which meets the following standards: (i) it is new and unused, (if) it is not unsaleable in the marketplace due to age or quality or any other reason, and (iii) it is in good condition.
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Examples of Stock Inventory in a sentence

  • Willapa Water Resource Inventory Area (WRIA) #24: WDFW- Salmonid Stock Inventory (nine maps).

  • Of the six Chinook populations in the Skagit River, all but the Suiattle are listed as depressed in the 2002 WDFW Salmonid Stock Inventory (XxXX).

  • Consistent with federal requirements, each subrecipient must maintain its facilities (and substantial facility components), vehicles, and other substantial assets.Subrecipients would be required to submit an annual Owned Rolling Stock Inventory.

  • Any quoted delivery from Stock Inventory is subject to prior sale.

  • Selected participants should have profound knowledge about all processes in which the retailer engages with customers.

  • By selecting this function the system will provide Enhanced Agent users updated information on the Agents Stock Inventory.

  • Prior to the petition to list, White River spring Chinook were identified as critical by the 1992 Washington State Salmon and Steelhead Stock Inventory Report.

  • The Safety Stock Inventory shall, subject to Section to 4.7 below, have a shelf life of no less than twenty four (24) months from the date of delivery of Product from such Safety Stock Inventory.

  • The first is a reevaluation of the 1992 Salmon and Steelhead Stock Inventory (SASSI) (WDF et al.

  • According to the Department of Fish & Wildlife (WDFW) Salmonid Stock Inventory (SaSI), the Olympic Peninsula alone has twenty-two Healthy stocks, six Depressed stocks, and twenty-one Unknown stocks of steelhead.


More Definitions of Stock Inventory

Stock Inventory means the number of cultivated fish within a Facility. “Tonnes(t)” means 1,000kg.
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Stock Inventory means all items of inventory of the Business, including raw-materials, work-in- process, finished goods, spare parts and supplies that do not constitute Contract Inventory, a list of which as of September 30, 1995 is set forth on Schedule CR.
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Stock Inventory means all stock, parts and accessories of the Borrower and its subsidiaries at all locations of the Borrower plus Scotland and China at the Flextronics factory;
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Related to Stock Inventory

  • Eligible Finished Goods Inventory means all Finished Goods Inventory that is Eligible Inventory.

  • Eligible Inventory means and include Inventory, excluding work in process, with respect to each Borrower, valued at the lower of cost or market value, determined on a first-in, first-out basis, which is not obsolete, slow moving or unmerchantable as determined by Agent in its Permitted Discretion and which Inventory, based on such considerations as Agent may from time to time deem appropriate in its Permitted Discretion including whether the Inventory is subject to a perfected, first priority security interest in favor of Agent and no other Lien (other than a Permitted Encumbrance). Notwithstanding anything herein to the contrary, no Inventory shall be Eligible Inventory to the extent such Inventory was acquired by a Borrower pursuant to an entity creation under Section 7.12 or a Permitted Acquisition, unless Agent has (i) completed field examinations with respect to such Inventory, the results of which are satisfactory in form and substance to Agent in its Permitted Discretion or (ii) waived such restriction in its Permitted Discretion. In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform in all material respects to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is in transit (other than between one or more locations where Borrowers are permitted hereunder to maintain or store Inventory and such location is the subject of a Lien Waiver Agreement or a Processor’s Agreement, as applicable, unless such location is owned by Borrower); (c) is located outside the continental United States or at a location that is not otherwise in compliance with this Agreement; (d) constitutes Consigned Inventory (other than Consigned Inventory that is subject to a warehouseman’s waiver in form and substance satisfactory to Agent); (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Agent’s right to sell or otherwise dispose of such Inventory, unless Agent is a party to a Licensor/Agent Agreement with the Licensor under such License Agreement (or Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion); (g) at any time following seventy-five (75) days after the Closing Date (or such later date agreed to by Agent), is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Agent a Lien Waiver Agreement or a Processor’s Agreement, as applicable (or Agent shall have established reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion in an amount not to exceed the equivalent of three (3) months’ rental obligation with respect to such location); or (h) if the sale of such Inventory would result in the creation of a Receivable which, on the date of such sale, would fail to constitute an Eligible Receivable due to the operation of any of clauses (b), (c) or (e) – (p) of such definition.

  • Product Inventory means all inventory of the Product owned by Seller or its Affiliates as of the Closing, including raw materials, work-in-process, bulk form drug and finished Product.

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Transferred Inventory has the meaning set forth in Section 2.2(a)(iii).

  • Excess Inventory means all Inventory and Special Inventory possessed or owned by Flextronics that is not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and forecast.

  • Inventory Tracking System means the required tracking

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • Obsolete Inventory means items that have expired, are redundant or

  • Excluded Inventory means any of the following inventory of goods, merchandise, or other inventory of Seller located at the Leased Premises: (a) all items in the Fresh Departments;

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Unsaleable liquor merchandise means a container that:

  • Inventory Value has the meaning set forth in Section 2.1.

  • Finished Goods means units of a manufactured product awaiting sale.

  • Finished Lots Entitled Land with respect to which (a) development has been completed to such an extent that permits to allow use and construction, including building, sanitary sewer and water, are entitled to be obtained for a Unit on such Entitled Land and (b) start of construction has not occurred.

  • Qualified Inventory means all Raw Materials Inventory, Semi-Finished Goods and Scrap Inventory and Finished Goods Inventory held by a Credit Party in the normal course of business and owned solely by such Credit Party (per plant level records whereby manufactured items are valued at pre-determined costs and purchased items are valued at rolling average actual cost).

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Stored-value card means a record evidencing a promise made

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Automatic tabulating equipment means apparatus that automatically examines