Supporting Facilities definition
Examples of Supporting Facilities in a sentence
Section 11.1 IP shall endeavor to maintain Adequate Supply at the Transferred ▇▇▇▇▇ and Supporting Facilities in accordance with the Inventory Targets mutually agreed upon per Section 7.1. For purposes of this Agreement, “Adequate Supply” shall mean Inventory levels sufficient to ensure supply security for Sylvamo and to protect against any slow down or shut down of Sylvamo’s operations at the Transferred ▇▇▇▇▇.
IP is responsible for the computer systems, software and associated applications for the scales at both the Supporting Facilities and Transferred ▇▇▇▇▇.
IP shall maintain Sylvamo’s scales (which shall include calibration) at the Supporting Facilities in a good and workmanlike manner and in accordance with the manufacturers’ specifications such that they are capable of performing all necessary functions and conform to all legal requirements.
The Fiber Cost Plan will include the monthly as purchased fiber cost forecasts for all species and products managed herein and the estimated Monthly Procurement Fee for the Transferred ▇▇▇▇▇, as well as the Supporting Facilities and Third Party Yards holding IP-owned Inventory for the Transferred ▇▇▇▇▇ as set forth in Section 7.1.
IP shall take and report to Sylvamo by location an estimate of the physical inventory on a weekly basis at the Transferred ▇▇▇▇▇, Supporting Facilities and Third Party Yards (“Physical Inventories”).