Minimum Inventory. Distributor shall at all times after the Effective Date of this Agreement maintain at all time, a minimum inventory of Products equivalent to one quarter of sales of the current year, to ensure the timely supply of Products to the customers.
Minimum Inventory. Seller shall maintain an inventory of supplies, ----------------- parts and materials for the construction, operation and maintenance of the System consistent with past practice in the ordinary course of business, including sufficient supplies, parts and materials on the Closing Date for operation and maintenance of the System by Buyer thereafter as if Seller had remained the operator of the System on and after the Closing Date.
Minimum Inventory. On the Commencement Date and thereafter during the Term, Tenant shall, at its sole cost and expense, furnish and maintain at the Leased Property all Inventory necessary or desirable for the operation of the Leased Property in accordance with the provisions of this Agreement, the Franchise Agreement, the Hotel Standard and reasonable commercial practice. On the Commencement Date and at the commencement of each calendar year, Tenant shall submit to Landlord a detailed list of all Inventory. Tenant, at its sole cost and expense, shall repair, maintain and replace the Inventory so that the greater of (x) the Minimum Inventory, or (y) the remaining Inventory, is delivered to Landlord on the date of expiration or the earlier termination of this Agreement.
Minimum Inventory. Licensee shall at all times maintain a sufficient inventory of the Licensed Products available for immediate delivery to customers in the Territory, which shall correspond at least to the Territory-wide volume of Licensee’s sales for the next three (3) forecasted months (which inventory amount shall be reviewed by the Parties after the first Calendar Year following the Calendar Year in which the First Commercial Sale occurred and modified if necessary by the Parties’ mutual written agreement), and shall use all means and make all arrangements necessary to fulfill in due time all orders it receives from customers.
Minimum Inventory. (a) Promptly after the Closing Date, Intel will prepare and present to Holdings a statement in reasonable detail of the Intel Inventory Value as of the end of Intel’s first fiscal quarter of 2007 and as of the Effective Time (the “Preliminary Intel Inventory Statement”). The Preliminary Intel Inventory Statement shall be delivered to Holdings no later than 90 days after the Closing Date.
Minimum Inventory. Subsection 1.1(c) of the Agreement is hereby amended and restated in its entirety as follows:
Minimum Inventory. Bank shall not be required to make an advance to Borrower under the Line of Credit unless Borrower has demonstrated that it has eligible inventory (exclusive of work in process and inventory which obsolete, unsalable or damaged) with an aggregate value (with the value determined on a cost basis) equal to at least Fifty Million Dollars ($50,000,000).”
Minimum Inventory. The Borrower will maintain Inventory (as defined in the Security Agreement) in an amount not less than $150,000,000 (determined in accordance with GAAP) at all times.
Minimum Inventory. As soon as Nova Factor's inventory falls to a one-week supply of Product, Nova Factor shall submit an order to Biogen for an additional two (2) weeks' supply of Product, based on Nova Factor's most recent forecast.
Minimum Inventory. During the Term, Distributor shall maintain an inventory of units of the Products sufficient to fulfill the forecasted demand for the Product in the Territory.