Minimum Stock definition

Minimum Stock the minimum Quantity of Gas that the Customer must retain in the Storage Facility on a given Day. The quantity is determined each Day by multiplying the Storage Capacity by the Minimum Stock Level for the Day in question.

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Minimum Stock means the categories, approved sizes, and quantities of WIC approved foods specified on the Stock Price Survey and in the WIC Vendor Manual. NOTE: Stores with infant formula theft problems may keep the minimum required amount of infant formula in a secure area. A notice of the location and prices must be posted in the area where the cardholder would expect to find the infant formula;

Minimum Stock means the 100,000 shares of Common Stock, $.01 par value per share, of OMG to be delivered by OMG at the Closing as provided in Section 2.02.D.(i) hereof.

Examples of Minimum Stock in a sentence

• The Customer undertakes to deliver to, or as the case may be to withdraw from, the Transport/Storage Interface Point, on a given Day, Quantities of Gas compliant with the Maximum Stock and the Minimum Stock for the Day in question without exceeding the Daily Injection or Withdrawal Capacities.

• In Special Situations the Maximum Stock may be reduced, and the Minimum Stock increased, in which case the Storage Facility Manager's obligations (removal or provision for delivery) shall be modified accordingly.

• The Storage Facility Manager is not required to deliver to the Transport/Storage Interface Point, on any Day whatsoever, a Quantity of Gas that would cause the Stock to fall below the Minimum Stock for the Day in question.

• Such remuneration shall include but not be limited to the purchase of Employer Stock as demanded by Employee for the Minimum Stock Value.

• If the Daily Quantity Requested for Receipt or Transfer between the Users of the Storage Facility risks leading their Stock to exceed their Maximum Stock or fall below their Minimum Stock, the Storage Facility Manager will do his utmost to inform the these Users of the risk of a Stock Overrun and will agree to receive, within a short time as indicated by the Storage Facility Manager, a request to modify the Daily Quantity Requested for Receipt or Transfer.

• These transfers or acquisitions of Quantities of Gas in Stock do not release the Storage Users concerned from their contractual obligations, in particular relating to the Minimum Stock and the Maximum Stock.

• From the effective date of the transfer, the Storage Units to which the transferor and the transferee subscribed shall be adjusted accordingly, the transferor and transferee being responsible for meeting their contractual obligations thereafter, particularly those relating to the Minimum Stock and Maximum Stock.

• If the Parties fail to agree on this transitional period, any Maximum or Minimum Stock Overruns will be charged a Price Supplement as specified in article 13 of the General Terms and Conditions of the Contract.

• Each Day, the Quantity of Gas matching the Maximum Stock Overrun is purchased from, and the Quantity of Gas matching the Minimum Stock Overrun sold to the Customer by the Storage Facility Manager, as specified in article 14.2.

• Maximum or Minimum Stock Overruns for a Day D between the start and end date of this transitional period are not charged the Price Supplement specified in article 13 of the General Terms and Conditions of the Contract.

More Definitions of Minimum Stock

Minimum Stock means such stock as may be fixed by the Excise Commissioner to be the minimum stock of liquor;