Inventory Charge definition

Inventory Charge means the noncash charge of approximately $7,900,000 (pre-tax) associated with the write-off of slow-moving inventory at March 31, 1995.
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Inventory Charge means the fee which is to be paid on a Monthly basis and which is the product of (a) the applicable Inventory Rate for Interruptible Storage Service times (b) the number of MMBtus of such Interruptible Storage Service available to the Customer for the relevant Gas Day or Month (as applicable) times (c) the number of Gas Days during whichsuch MMBtus remains in the Katy Storage Facility for the relevant Month, if such fee is stated on a “per Gas Day” basis, or one (1), or if such fee is stated on a “per Month” basis.
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Inventory Charge the English law governed charge over Inventory dated as of December 23, 2002 among Parent, as U.S. Chargor thereunder, the Dutch Borrower, as Dutch Chargor thereunder, and Agent, as Agent thereunder.
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Examples of Inventory Charge in a sentence

  • In the event that the Company's supplier(s) should institute a Gas Inventory Charge (GIC), or its equivalent, the Company shall include the GIC, or its equivalent, actually invoiced the Company during the Computation Period in the appropriate cost formula of the PGA.

  • Such verification shall be completed on a License Inventory Charge Document furnished by the Department.

  • Such verification shall be completed on a License Inventory Charge Document furnished by the Department.(b) The Agent of Record, or an employee a license selling sub-agent of the business entity, shall sign the inventory charge slip upon verification of shipment.

  • Total Loans2,547,888.85660,484.09265,153.4984,184.12641,955.29549,030.11 30-59 Days 60-89 Days 90-119 Days 120+ Days Repo in Inventory Charge Offs in Period Number of Contracts i.

  • Storage Inventory Market Based/ $/DthCharge Negotiable Payment shall be equal to the Storage Inventory Charge specified in Customer’s Interruptible Hourly Balancing Service Agreement multiplied by the Dth quantity of Customer’s Storage Inventory at the end of each Day, such amounts summed for all Days in a given Month.

  • The one-off and ongoing costs to companies will be the same as under Option 1 for responding to requests to inspect and for copies of the company register.

  • Excess End of Season Inventory Charge: The portion of Transco's excess end of season inventory charge under Transco Rate Schedule GSS which is allocated by Seller to Buyer(s) under this Rate Schedule.

  • Keene Beauty Academy does not discriminate on the basis of age, sex, race, color, ethnic origin, or religion. Applicant who received online secondary education; validity of source of certification or diploma will be thoroughly researched and verified though Advanc-ed.org and a full secondary education transcript will need to be submitted by the applicant.

  • The Transportation Gas Charge factor filed on September 1, 2000, of: $0.0491 per Ccf for FT-2 Firm Transportation Marketer Gas Charge; $0.0018 per Ccf for Pool Balancing Charges; $1.076 for the Weighted Average Upstream Pipeline Transportation Cost; the LNG peaking rate of $6.15 per MMBtu; and the proposed Storage Inventory Charge are approved for effect October 1, 2000.

  • Total Loans2,396,905.030.000.000.00187,419.6613,107.84 30-59 Days 60-89 Days 90-119 Days 120+ Days Repo in Inventory Charge Offs in Period Number of Contracts i.


More Definitions of Inventory Charge

Inventory Charge to read in its entirety as follows:
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Related to Inventory Charge

  • Delivery Charge means the total amount charged to the Authorized User for shipment of the Vehicle(s) from the Delivery Origin to the location(s) designated by the Authorized User on Form A: Mini-Bid Request, and on the Purchase Order.

  • Inventory Reserves means such reserves as may be established from time to time by the Agent in its Permitted Discretion with respect to the determination of the saleability, at retail, of the Eligible Inventory, which reflect such other factors as affect the market value of the Eligible Inventory or which reflect claims and liabilities that the Agent determines will need to be satisfied in connection with the realization upon the Inventory. Without limiting the generality of the foregoing, Inventory Reserves may, in the Agent’s Permitted Discretion, include (but are not limited to) reserves based on:

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Inventory Reserve means reserves established by the Administrative Agent to reflect factors that may negatively impact the Value of Inventory, including change in salability, obsolescence, seasonality, theft, shrinkage, imbalance, change in composition or mix, markdowns and vendor chargebacks.

  • Obsolete Inventory means items that have expired, are redundant or

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Delivery charges means charges by the seller for preparation and delivery to a location designated by the purchaser of tangible personal property or services. Delivery charges include, but are not limited to, transportation, shipping, postage, handling, crating, and packing. Beginning September 1, 2004, delivery charges do not include the charges for delivery of direct mail if the charges are separately stated on an invoice or similar billing document given to the purchaser. If a shipment includes both exempt property and taxable property, the seller shall allocate the delivery charge using 1 of the following methods:

  • Usual and customary charge means the average amount charged by most providers for treatment, service or supplies in the geographic area where the treatment, service or supply is provided.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Eligible Inventory means and include Inventory of a Borrower, excluding work in process, valued at the lower of cost or market value, determined on a first-in-first-out basis, which is not, in Administrative Agent’s Permitted Discretion, obsolete, slow moving or unmerchantable and which Administrative Agent, in its Permitted Discretion, shall not deem ineligible Inventory, based on such considerations as Administrative Agent may from time to time deem appropriate including whether the Inventory is subject to a perfected, first priority security interest in favor of Administrative Agent and no other Lien (other than a Permitted Encumbrance). In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is Foreign In-Transit Inventory or in-transit within the United States; (c) is located outside the continental United States; (d) constitutes Consigned Inventory; (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Administrative Agent’s right to sell or otherwise dispose of such Inventory, unless Administrative Agent is a party to a Licensor/Administrative Agent Agreement with the Licensor under such License Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its sole discretion); (g) is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Administrative Agent a Lien Waiver Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its Permitted Discretion); or (h) or if the sale of such Inventory would result in an ineligible Receivable.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Inventory control system means a system described in Section 4-41a-103.

  • Eligible Finished Goods Inventory means Eligible Inventory consisting of finished goods available for sale (as determined in a manner acceptable to the Administrative Agent in its Permitted Discretion and consistent with past practices).

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Monthly Charges means a finance carrying charge of **** and a storage and handling charge of ****, in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Responsible charge means direct control and personal supervision of engineering or surveying work.

  • Inventory Formula Amount means, with respect to any item of Eligible Inventory and at any time of determination, the lesser of (a) 65% of the lower of cost and market of such Inventory and (b) 85% of the Net Orderly Liquidation Value of such Inventory.

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • Usual and Customary Charges means those comparable charges for similar treatment, services and supplies in the geographic area where treatment is performed.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • Reasonable and Customary Charges means the charges for services or supplies, which are the standard charges for the specific provider and consistent with the prevailing charges in the geographical area for identical or similar services, taking into account the nature of the illness / injury involved.