Working Inventory definition
Working Inventory means Physical Inventory excluding non-accessible tank bottoms and pipeline contents.
Examples of Working Inventory in a sentence
So long as the Total Working Inventory Position Limit for SemGroup shown in the table above is in compliance, each Business Unit's Working Inventory position Limit shown in the table above may be adjusted by up to 10%.
Such report shall indicate the receipts, deliveries, and Physical Inventory amounts, all verified by independent inspectors, along with Book Inventory, Book Entitlement, Terminal Loss, Working Inventory, Contract Loss, and Excess Loss for each grade of Commodity expressed in net Barrels.