Uncommitted Inventory definition

Uncommitted Inventory means, in relation to a member of the Tobacco Group at any time, processed and unprocessed tobacco stocks owned by such member of the Tobacco Group and not the subject of any Confirmed Order and/or which is available on WAFS.
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Examples of Uncommitted Inventory in a sentence

  • The aggregate Uncommitted Inventory of the Tobacco Group shall not at any time exceed $100,000,000.

  • For the avoidance of doubt, SCTSUK shall have no authority to act on behalf of SCC, nor shall it be entitled to execute or deliver any certificate required to be delivered under clauses 20.2 (Compliance Certificate), 20.4 (Borrowing Base Certificate), 20.5 (Uncommitted Inventory), 20.7 (Financial Information) or 20.8 (Notification of Default).

  • The license granted to ▇▇▇▇ under this Section 9.4(a) shall terminate upon the later of (x) final and full satisfaction by ▇▇▇▇ of its obligations for, and Cleo’s final and full receipt or obtaining of all moneys and claims due for, the 2011 Christmas Season and (y) final sale or disposition of, and final and full receipt or obtaining of all moneys and claims due for, any Uncommitted Inventory.