Inventory Transfer Time definition

Inventory Transfer Time means 00:00:01 A.M., local time, on the Closing Date.
Sample 1Sample 2Sample 3
Inventory Transfer Time means 11:59:59 p.m., PST, on the Termination Date.
Sample 1
Inventory Transfer Time means 12:00:01 a.m. local time at each Ethanol Plant on the Closing Date.
Sample 1Sample 2

Examples of Inventory Transfer Time in a sentence

  • The aforementioned Inventory Schedule will take into account this determination and will provide for performing the physical inventory of both active, inactive and out of service storage tanks prior to the Hydrocarbon Inventory Transfer Time.

  • It is the intent of the Parties that there will be no active metered systems at the Hydrocarbon Inventory Transfer Time.

  • Meter readings shall be obtained on all inactive metered systems (tank truck rack, rail car rack and pipeline) in advance of the Hydrocarbon Inventory Transfer Time.

  • Either Party or their respective representatives present at the survey of the physical inventory conducted by the Independent Inspection Company at the Inventory Transfer Time may question or dispute the calculations and/or laboratory results of the Independent Inspection Company.

  • Each automatic gauge will be calibrated as close to the Inventory Transfer Time as possible.

  • Prior to the Inventory Transfer Time, Seller’s personnel shall determine which of the Refinery Tankage shall be active and inactive, and which tanks will contain inventory and which will be empty, as of the Inventory Transfer Time.

  • RaqueExceptional Child InstructorMt. Washington ElementarySchool26Monty EdwardsHomebound TeacherDistrict Wide26Lois MontgomeryElementary TeacherRoby Elementary School26Dana R.

  • Active Refinery Tankage that must have movements in or out during the physical inventory quantification process as of the Inventory Transfer Time will be manually gauged during a period in which the active tanks are temporarily inactive, as close to the Inventory Transfer Time as possible.

  • To provide on-farm benefits of reduced soil erosion from sloping land under seasonal crops, lands under shifting cultivation, small-holder tea on home gardens, forest land, LRC land, and on-state plantations as well as off-site benefits of reduced erosion from new construction including road building, micro-hydel plants, and hotels and housing estates.

  • All outbound loaded trucks and rail cars which have been ticketed for sale at the Inventory Transfer Time, other than such trucks and rail cars constituting Finished Product In-Transit, will be considered as a Seller account receivable unless previously paid and will not be part of the Feedstock and Products Inventory.


More Definitions of Inventory Transfer Time

Inventory Transfer Time has the meaning ascribed to such term in the XXXX Inventory Sales Agreement.
Sample 1Sample 2
Inventory Transfer Time means 12:00:01 a.m. CT on the Commencement Date.
Sample 1
Inventory Transfer Time has the meaning set forth on Schedule 2.6.3.2.
Sample 1
Inventory Transfer Time means 00:00:01 a.m. MST on the Commencement Date.
Sample 1

Related to Inventory Transfer Time

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Transferred Inventory shall have the meaning set forth in Section 1.1(c).

  • 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.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Assumed Final Distribution Date The Distribution Date in July 2036.

  • Transfer Time has the meaning set forth in Section 4.3(a).

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • 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.

  • Excluded Equity means any Voting Stock in excess of 66% of the total outstanding Voting Stock of any direct Subsidiary of any Grantor that is a Non-U.S. Person. For the purposes of this definition, “Voting Stock” means, as to any issuer, the issued and outstanding shares of each class of capital stock or other ownership interests of such issuer entitled to vote (within the meaning of Treasury Regulations § 1.956-2(c)(2)).

  • Excluded Products means the items described on the applicable restricted products per country, any other applicable Program Policy, or any other information made available to you by LINIO.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Excluded Inventory shall have the meaning set forth in Section 2.1(c).

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

  • Locational UCAP Seller means a Member that sells Locational UCAP.

  • Disposition Date shall have the meaning ascribed thereto in Subsection 5.1(d);

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • After-Acquired Intellectual Property has the meaning assigned to such term in Section 4.02(d).