Dead Stock definition

Dead Stock means that quantity of Forties Blend downstream of the Kinneil meters which cannot be loaded onto tankships in the normal course of operations for the period in question.
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Dead Stock means components with a limited useful life that are not incorporated into sold Products in a timely fashion.
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Dead Stock means the inventory that became obsolete, unserviceable, surplus. Dead stock is often warehoused, but it can also subsequently be offered for sale.
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Examples of Dead Stock in a sentence

  • The Shippers Group shall contribute to line fill, stock changes and operational losses/differences in accordance with the provisions of Attachment B - Part I and to Dead Stock in accordance with the provisions of Attachment D.

Related to Dead Stock

  • Common Shares means the common shares in the capital of the Corporation;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Common Stock means the common stock of the Company.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.