Maximum Inventory Level definition
Examples of Maximum Inventory Level in a sentence
Each Requirements Report will report the Available Inventory and specify the Minimum Inventory Level and Maximum Inventory Level for the Product for the coming week.
After settlement of such purchase, such Included Tanks shall no longer constitute Included Locations for purposes hereof unless and until ▇▇▇▇ determines, in its reasonable discretion, that Aron’s ownership of the quantities held in such tanks would not result, as of the time of such determination, in the aggregate quantity of the relevant Product Group owned by ▇▇▇▇ exceeding the applicable Maximum Inventory Level.
In ordinary business course Distributor shall hold stocks of the Products at or around the Maximum Inventory Level.
Maximum Inventory Level During the term of the Agreement, DKSH shall, in coordination with CLIENT, keep a commercial stock of the Products equivalent to a maximum ofThirty (30) days of sale, based on forecasted sales, taking prior 3 months historical sales, (near future promotional plan) and the current market situation into account.Any stock in excess of such Thirty (30) days, shall be accepted by DKSH, subject to space availability.
During the Term of this Agreement, Osteotech shall maintain no more than an aggregate of *** of inventory of Proprietary Products Processed from Donors under this Agreement (the “Maximum Inventory Level”), provided that any New Proprietary Product permitted in accordance with Section 2.8 would not be included in the calculation of the Maximum Inventory Level until *** following the Market Introduction Date of such Proprietary Product.
Based on the inventory levels provided by Company, Supplier shall determine the quantities of VMI Products needed to maintain Company’s inventory between the Maximum Inventory Level and the Re-order Level and shall communicate this determination to the Company in writing.
Such monthly inventory targets for Feedstock and Products shall be subject to the (a) aggregate Maximum Inventory Level for all Product Groups and (b) aggregate Maximum Inventory Level for each Product Group.
After settlement of such purchase, such Included Tanks shall no longer constitute Included Locations for purposes hereof unless and until Aron determines, in its reasonable discretion, that Aron’s ownership of the quantities held in such tanks would not result, as of the time of such determination, in the aggregate quantity of the relevant Product Group owned by Aron exceeding the applicable Maximum Inventory Level.
Each Transaction Party and ▇▇▇▇ agree to use commercially reasonable efforts in preparing the forecasts, projections and nominations required by this Agreement in a manner intended to maintain Feedstock and Product operational volumes under the Maximum Inventory Level for such Feedstock and Product.
The Maximum Inventory Level will be measured at the end of each calendar quarter during the Term and shall include all Proprietary Products shipped to agents and end users on consignment, evaluation, and other deferred billing or similar arrangements.