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

• 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”).

• Upon and pursuant to Amgen’s written request, at Amgen’s cost including the Raw Materials Direct Costs, Nektar shall ship to Amgen or its designee Raw Materials maintained in the Required Inventory and, within [***] thereafter, Nektar shall replenish the Required Inventory.

• Within [***] after referral to the Raw Materials Evaluator, Nektar shall submit to the Raw Materials Evaluator the basis for the Estimated Costs of Maintaining Required Inventory and Amgen shall submit the basis for its objection to the Estimated Costs of Maintaining Required Inventory, and the Raw Materials Evaluator shall then determine an estimated cost of obtaining and maintaining at the Facility the Required Inventory and such determination shall be binding on the Parties.

• Confidential Treatment Requested Under 17 C.F.R. Sections 200.80(b)(4) and 240.24b-2 the Required Inventory Notice (“Estimated Costs of Maintaining Required Inventory”).

• The following is provided for purposes of example: [***] [***] Notwithstanding the foregoing, the Lead Time shall be reduced to [***] if (a) on the date that Amgen submits an Order, Nektar has in inventory the Raw Materials Minimum Inventory or (b) Nektar is obligated pursuant to Section 6.3 to obtain and maintain the Raw Materials Minimum Inventory as Required Inventory (defined below).

More Definitions of Required Inventory

Required Inventory means Twenty Four Million dollars ($24,000,000). “Reviewing Party” has the meaning set forth in Section 2.4(e).

Required Inventory means Inventory in the Borrower's possession and not subject to any Liens (except Liens in favor of the Collateral Agent and other Liens permitted by Section 8.10) which shall have a minimum aggregate value, determined on a FIFO basis, at least equal to $350 million after deduction of all amounts secured by such other Liens; provided, that no Inventory subject to Liens in favor of the Merchandise Letter of Credit Bank, Liens created pursuant to the GE Credit Program Documents or Liens of the type described in Section 8.10(viii) shall have any value ascribed to it for purposes of calculating Required Inventory.

Required Inventory means the volume of Commodity required by Carrier for line fill, working stock and storage receptacle bottoms.

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.