Minimum Stock Level definition

Minimum Stock Level a coefficient, expressed as a percentage of between 0 and 100 inclusive, enabling the calculation of the Customer's Minimum Stock for one Day. The Minimum Stock Level is used to take into account the physical constraints of the Stock's maximum annual breathing. This quantity is specified in Appendix B "Physical Features of the Storage Facility".
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Minimum Stock Level means the minimum levels of stock of the Contracted Items as set out in the Schedule, which may be revised by agreement in writing signed by both parties;
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Examples of Minimum Stock Level in a sentence

  • Should Buyer pull more than the Hub Forecast amount, Supplier will have [**] to restock the Hub to the Minimum Stock Level.

  • The Minimum Stock Level will include the balance of the material physically in the hub location available for immediate sale (“On-Hand Balance”) plus the material en route to the hub location scheduled for arrival within the transit lead time for that hub (“In-Transit Balance”).

  • Upon termination of this agreement for any reason Gehis shall purchase all of the Contracted Items held in stock by Copydata at the date of termination at the then current prices, which shall include any stock in excess of the Minimum Stock Level which has been purchased by Copydata under clause 2.1.2.

  • Should Buyer pull more than the Hub Forecast amount, Supplier will have [**]weeks to restock the Hub to the Minimum Stock Level.

  • The Minimum Stock Level will include the balance of the material physically in the hub location available for immediate sale (“On-Hand Balance”) plus the material en route to the hub location scheduled for arrival within the transit lead time for that hub (”In-Transit Balance”).

  • The Minimum Stock Level will include the balance of the Hub Product physically in the Hub location available for immediate sale (“On-Hand Balance”) plus the Hub Product en route to the hub location scheduled for arrival within the transit lead time for that Hub (“In-Transit Balance”).

  • Should Buyer pull more than the Hub Forecast amount, Supplier will have [**] weeks to restock the Hub to the Minimum Stock Level.