Manufacturer Parts Inventory

Manufacturer Parts Inventory. All of the Company's inventories of new, current, returnable, and non-obsolete Manufacturer parts and accessories in their original, unbroken packages, which are located on or in transit to the Company as of the Closing Date, and which are listed in a Manufacturer's current parts and accessories price book/catalogues, with supplements in effect on the inventory date described in Section 3.2. Notwithstanding the foregoing, Manufacturer Parts shall not include any "Obsolete" parts, defined as... parts (a) not being listed in the current Manufacturer's Master Parts Price List/Suggested List Prices and Dealer Prices (or other applicable similar Manufacturer price lists, with supplements or the equivalent in effect as of the Inventory date, the "Master Price List"), as returnable to the Manufacturer at not less than the value reflected in the Master Price List, or (b) that have been in the Company's inventory longer than 12 months prior to Closing Date View More