WIP Inventory definition

WIP Inventory means the work-in-progress inventory of Product at the Contractor.

WIP Inventory means the work-in-progress inventory of the Corporations in accordance with IFRS.

WIP Inventory means the fermented corn bushels that Seller or its Affiliates have title to which are, as of the Inventory Transfer Time, still involved in the production and fermenting process (including, slurry, liquification, fermentation and beerwell) within each of the Ethanol Plant and excludes any non-merchantable substances or products such as water or waste product. The parties agree that Undenatured Ethanol shall be included as WIP Inventory, but for purposes of this Exhibit shall be measured and valued hereunder as Product Inventory.

Examples of WIP Inventory in a sentence

• Contractor shall provide competent personnel in the Factory to perform inventories of Materials, WIP Inventory and Finished Goods located at the Factory.

• Contractor shall: (a) take delivery, store and use at the Factory the Provided Equipment using the same degree of care as Contractor exercises in respect of its own similar property; and (b) inform Company of the exact location of the Provided Equipment, if it is located outside the Contractor's principal manufacturing or storage facilities, as well as the location of all Finished Goods and WIP Inventory stored outside of Contractor's principal manufacturing and storage facilities.

• Contractor shall provide competent personnel in the Factory to perform inventories of Materials, WIP Inventory and Finished Goods located at the Factory, and to otherwise support inspections by Company.

• Contractor shall: (a) take delivery, store and use at the Factory the Provided Equipment using the same degree of care as Contractor exercises in respect of its own similar property; and (b) inform Company of the exact location of the Provided Equipment, if it is located outside the Contractor's principal manufacturing or storage facilities, as well as the location of all Finished Goods and WIP Inventory stored outside of Contractor's principal manufacturing or storage facilities.

• Contractor shall: (a) take delivery, store and use at the Factory the Provided Equipment using the same degree of care as Contractor exercises in respect of its own similar property; and (b) inform Company of the exact location of the Provided Equipment, if it is located outside the Contractor’s principal manufacturing or storage facilities, as well as the location of all Finished Goods and WIP Inventory stored outside of Contractor’s principal manufacturing and storage facilities.

More Definitions of WIP Inventory

WIP Inventory means the work in progress inventory for FPD Film Thickness Measurement System, as described in Schedule 1.1Ka; the “Manufacturing Inventory” shall mean the parts inventory for FPD Film Thickness Measurement Systems, as described in Schedule 1.1Kb the “Service Inventory” shall mean the spare parts inventory for FPD Film Thickness Measurement Systems, as described in Schedule 1.1Kc; and the “Tooling Inventory” shall mean the jigs, machines, tools, assembly equipment and IT equipment as described in Schedule 1.1Kd, in each case (i) in Nanometrics’s possession or (ii) in the possession of a subcontractor of Nanometrics and held on behalf of Nanometrics as of the Transaction Date.

WIP Inventory means the work-in-progress inventory of Product (the number of Units of Product at various stages of the Manufacturing process flow) at Contractor. Workweek: shall be seven (7) calendar days beginning on Monday and ending on Sunday. For planning purposes each Workweek is assigned a consecutive number for the entire year.

WIP Inventory has the meaning set forth in Section 2.2(a).

WIP Inventory means, as of a particular date, all works-in-progress consisting of Rum and aging Distillate manufactured for use in the Products, stored in Panama (with respect to Rum) or Venezuela (with respect to both Rum and aging Distillate) and owned by the Transferred Companies, or in the case of such Rum or aging Distillate located in Venezuela, owned by DUSA Venezuela, as of such date.

WIP Inventory means all skirting, transportation costs, decks and improvements to home locations in preparation for sale.

WIP Inventory means the work-in-process inventory of Products.

WIP Inventory. Means the work-in-progress inventory of Products.