Initial Inventory. (a) develop and maintain an inventory of the Client’s original equipment tools and attractables in place as of the effective date of the Agreement;
Initial Inventory. On or before the Effective Date, we agree to: (a) procure the initial Inventory which you will purchase for its Cost Value, except in the case of consigned merchandise; (b) debit your Open Account for any prepaid Operating Expenses; (c) help you clean and stock the Store; and (d) provide other services to prepare the Store to open for business.
Initial Inventory. (a) The “Initial Inventory” consists of the Feedstock and Products Inventory which are purchased on Buyer’s behalf from Valero pursuant to the ISA that are identified as “Crude Oil” and “Feedstocks” on Part II to Exhibit A of the ISA, including Tank Heels and the Hess VGO, but excludes any “Crude Oil” or “Feedstocks” located (i) in the Hess VGO Terminal - Baltimore or (ii) downstream of the outlet flange of the Storage Facilities. The Initial Inventory specifically excludes the hydrocarbon products identified as “Distillate,” “Gasoline,” “Intermediates,” “LPGS,” “
Initial Inventory. As of the date of its delivery to Buyer, the Initial Inventory will contain a true and complete list of (and location) of slabs, raw materials and iron ore chips located on the Real Property.
Initial Inventory is the list of assets of the CONCESSION, which whenever these assets are received by the CONCESSIONAIRE to be incorporated to the service during the concession, will be updated and submitted by the CONCESSIONAIRE to the GRANTOR and to the REGULATOR.
Initial Inventory. Pursuant to the property clauses in this contract, the Contractor is required to perform a joint Government/Contractor inventory/inspection of all GFP. A joint inventory, to include inspection of all GFP, must be completed during the phase in period. This inventory/inspection is intended to establish a mutual agreement as to the condition of GFP provided to the Contractor for use in performance under this contract. The Contractor and the Government representative shall jointly determine the working order and condition of all property and document their findings. The Contractor shall sign a property listing for all equipment provided by the Government (Property Book Administrator). Both parties will sign a DD Form 1149, Requisition and Invoice Shipping Document to identify and acknowledge an inventory was conducted and the PBO will post the transfer document as a loss to the Army’s hand receipt and gain to the contract GFP fiduciary record IAW 735-5, date November 2016 paragraph 2-15, D1. All GFP missing or not in working order shall be recorded and the COR shall be notified in writing. Rejection of GFP by the Contractor shall not relieve the Contractor of responsibility in performance of this contract. The Contractor shall not use property provided by the Government for any purpose other than the performance of this contract. The Contractor shall conduct annual inventories and complete required documentation IAW the Contractor approved PMP procedures. In addition, FAR 52.245-1 requires the Contractor to perform periodic physical inventories upon contract completion or termination.
Initial Inventory. On or before August 5, 2002, Distributor shall purchase from EC2000 an initial inventory of 10 product units.
Initial Inventory. Seller agrees to purchase an initial inventory (the "INITIAL INVENTORY") of Component Parts from Buyer's Inventory necessary to commence the Manufacture of Products pursuant to this Agreement. The purchase price paid by Seller to Buyer for the Initial Inventory shall be $1,450,000.00. The amount and description of Component Parts contained in the Initial Inventory is set forth in and attached hereto as EXHIBIT F. Buyer hereby agrees to deliver a sufficient portion of the Initial Inventory to Seller's Facility in a timely fashion prior to the commencement of the Manufacture of the Products by Seller and the Initial Inventory shall be delivered by Buyer in good working order and free and clear of all liens and attachments. Buyer agrees to continue to deliver the Initial Inventory to Seller as requested by Seller until the Initial Inventory is exhausted.
Initial Inventory. Cost of Services shall not include costs for the Inventories transferred to Buyer at Closing in accordance with Section 1.1(e) of the Purchase Agreement. After the sterling value of those initial Inventories has been exhausted in product supply services provided by Seller, the cost of producing product for the Business will be included in the Cost of Services.
Initial Inventory. At the time each Wayback Burgers Restaurant opens, Master Franchisee or Franchisee, as applicable, shall stock the initial inventory of products, accessories, equipment, and supplies as prescribed by Franchisor in the Manuals or otherwise in writing. Thereafter, Master Franchisee or Franchisee, as applicable, shall stock and maintain all types of approved products in quantities sufficient to meet reasonably anticipated customer demand. Master Franchisee agrees to immediately notify Franchisor if an approved supplier substitutes or attempts to substitute an unapproved product in place of an approved product. Master Franchisee shall, and shall require Franchisees to, refuse to accept any such unapproved product(s), or products from any unapproved supplier.
