Required Inventory definition

Required Inventory means the volume of Crude Petroleum, by grade, required by Carrier for line fill, working stock and storage receptacle bottoms.
Required Inventory means the volume of Crude Petroleum, by grade, required by Carrier for line fill and working stock.
Required Inventory means the volume of Crude Petroleum, by grade, required by Carrier for line fill, working stock and storage receptacle bottoms.20. Definitions – Continued

Examples of Required Inventory in a sentence

  • For the remainder of the Required Inventory Term, the price(s) for the Goods shall be as agreed to by Buyer and Seller.

  • MaxLinear will require Distributor to carry a minimum Required Inventory (“RI”) level on a rolling basis as determined by the following formulas: RI = Current Month Demand (“CMD”).

  • Apart from the residential properties, it principally serves the Gade car park.

  • Required Inventory Prior to Timber Utilization in Forest Lands.‑ No harvest of timber in any forest land shall be allowed unless it has been the subject of at least a five per cent (5%) timber inventory, or any statistically sound timber estimate, made not earlier than five (5) years prior to the issuance of a license agreement or license allowing such utilization.

  • As Required Inventory An “As Required” inventory is completed on an as-needed basis.


More Definitions of Required Inventory

Required Inventory means Inventory in the Borrower's possession and not subject to any Liens (except Liens in favor of the Agent and other Liens permitted by Section 6.1) which shall have a minimum aggregate FIFO Value, at least equal to $300 million after deduction of all amounts secured by such other Liens permitted by Section 6.1; provided, that no Inventory subject to Liens created pursuant to the GE Credit Program Documents or Liens on Inventory subject to a purchase money security interest of the type described in clause (v) of the definition of Permitted Liens shall have any value ascribed to it for purposes of calculating Required Inventory.
Required Inventory means Twenty Four Million dollars ($24,000,000). “Reviewing Party” has the meaning set forth in S ection 2.4(e).
Required Inventory set forth in Section 1.1 of the Credit Agreement is hereby amended in its entirety to read as follows:
Required Inventory means Inventory in the Borrower's possession and not subject to any Liens (except Liens in favor of the Agent and other Liens permitted by Section 6.1) (such Inventory hereafter being referred to as the "Qualifying Required Inventory") which shall have a minimum aggregate FIFO Value, at least equal to $325
Required Inventory shall have the meaning specified in Section 10.2 hereinafter.
Required Inventory means items of Inventory (i) with respect to items for installation at a customer’s premises or for sale to customers, for a period of 45 days from the Closing Date and (ii) with respect to all other items, consistent with levels maintained by the Seller during the one-year period prior to the Closing.
Required Inventory means the volume of Commodity required by Carrier for line fill, working stock and storage receptacle bottoms.