Target Inventory Level definition

Target Inventory Level means, with respect to an Inventory Category, the quantity for such category set forth in Schedule A hereto.
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Target Inventory Level has the meaning specified in Section 8.3.
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Target Inventory Level. With respect to each Equipment Class, the quantity of Inventoried Spares that Grid Assurance will seek to maintain in inventory based on the Sparing Protocols, as such quantity may be determined and/or revised from time to time in accordance with such Sparing Protocols.
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Examples of Target Inventory Level in a sentence

  • With respect to any Delivery Date, for Crude Oil and each Product Group in respect of each Refinery, Citi shall calculate the difference between (i) aggregate Daily Volumes described on the daily inventory report (in accordance with Section 7.1) for such Delivery Date and (ii) the Target Inventory Level for such Delivery Date, to determine if there is any target deviation (a “Daily Target Deviation”).

  • At the end of each month, for the Crude Oil Product Group and each other Product Group in respect of each Refinery, Citi shall calculate the Actual Month End Crude Volume and Actual Month End Product Volume, respectively, minus the Target Inventory Level at the end of each month to determine if there is any target deviation (a “Monthly Target Deviation”).

  • All inventory of Product held by Cardinal Health,[***], in excess of the Target Inventory Level for each SKU will be considered “Excess Inventory”.

  • During the term of this Agreement, IGI ----------------------- shall use its best efforts to manage the production schedules with respect to the manufacture of the Products such that the actual finished goods inventory of the Products shall not exceed, nor be less than, the Target Inventory Level.

  • If at the end of the Bleed Down Period (December 31, 2014), the DIOH of Supplier’s raw materials is still above the Target DIOH Level [***], Supplier shall have 45 days to purchase back inventories sufficient to allow Cardinal Health achieve the Target DIOH Level or Cardinal Health may thereafter elect to cease purchasing product from Supplier until such time as the Target Inventory Level set forth in Section 1.2.a. of the First Amendment to the Agreement is reached.

  • The quantity of each Regular Product set forth on such order shall be determined by subtracting Distributor's ending inventory for such Regular Product as of the last day of the preceding month (including any Products in transit from Echelon to Distributor) from the then current Target Inventory Level for such Regular Product.

  • The parties will meet once each calendar quarter to negotiate the following provisions of Exhibit H, establishing the Target Inventory Levels for Regular Products added to Exhibit A pursuant to Section 9 (a), adjusting Target Inventory Levels for Regular Products deleted from Exhibit A pursuant to Section 9 (b), or increasing or decreasing the Target Inventory Level for any Regular Product based upon current sales levels for such Regular Product.

  • All inventory of Product held by Cardinal Health, including all Product delivered under the Forward PO, in excess of the Target Inventory Level for each SKU will be considered “Excess Inventory”.

  • BLS shall calculate the difference between the actual Transferred Product Inventory Level for Other Wholesalers (as defined on Schedule 5.5(A)) and the Transferred Product Target Inventory Level for Other Wholesalers (as defined on Schedule 5.5(A)) using the methodology set forth on Schedule 5.5(A), an example of which is set forth on Schedule 5.5(B).

  • Notwithstanding the provisions of this Section 5 (c), Distributor may not cancel, delay or reduce the quantity of any order if the effect would be for Distributor's inventory level to fall below the Target Inventory Level for any Regular Product.


More Definitions of Target Inventory Level

Target Inventory Level means, with respect to any date, such
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Target Inventory Level means, with respect to any date, such ---------------------- level of inventory of the Product, expressed in months of supply by Product presentation, as is determined by the Inventory Guidelines with reference to the latest Product forecast delivered by GW to IGI pursuant to Section 1.3 hereof.
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Target Inventory Level means the quantity set forth in Exhibit H for each Regular Product, as such exhibit is amended by the parties from time to time.
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Related to Target Inventory Level

  • Inventory Value means the cost of property purchased by the trustee and the market value of other property at the time it became subject to the trust, but the trustee may use any value finally determined for the purposes of an estate or other transfer tax;

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.