Initial Inventory. (a) develop and maintain an inventory of the Client’s original equipment tools and attractables in place as of the effective date of the Agreement;
Initial Inventory. (a) The “Initial Inventory” consists of the Feedstock and Products Inventory which are purchased on Buyer’s behalf from Valero pursuant to the ISA that are identified as “Crude Oil” and “Feedstocks” on Part II to Exhibit A of the ISA, including Tank Heels and the Hess VGO, but excludes any “Crude Oil” or “Feedstocks” located (i) in the Hess VGO Terminal - Baltimore or (ii) downstream of the outlet flange of the Storage Facilities. The Initial Inventory specifically excludes the hydrocarbon products identified as “Distillate,” “Gasoline,” “Intermediates,” “LPGS,” “
Initial Inventory. As of the date of its delivery to Buyer, the Initial Inventory will contain a true and complete list of (and location) of slabs, raw materials and iron ore chips located on the Real Property.
Initial Inventory. On or before the Effective Date, we agree to: (a) procure the initial Inventory which you will purchase for its Cost Value, except in the case of consigned merchandise; (b) debit your Open Account for any prepaid Operating Expenses; (c) help you clean and stock the Store; and (d) provide other services to prepare the Store to open for business.
Initial Inventory. Contractor shall within one month of the Effective Date of the Agreement develop a detailed and accurate Baseline Inventory for the BHF and the Old Lagoons, identified by material and location and total of each material.
Initial Inventory. An initial inventory of Government furnished property shall be made jointly by the Contractor and the COR/ACOR IAW DA XXX 710-2-1, Using Unit Supply System: Manual Procedures, on or before the contract start date. The operational or condition status shall be jointly determined. Any item found to be not in working order, or not suitable for its intended purpose, will be recorded and the COR/ACOR and the Contractor shall certify as accurate the joint inventory. All inventory listings will utilize DA Form 2062, Hand Receipt/Annex Number, to record inventory data. The Contractor shall keep current the inventory listing. The Contractor shall prepare applicable DA Form 3161, Request for Issue or Turn-In, for adjustments to the account IAW DA XXX 710-2-1. Authorized adjustments will be made on DA Form 2062 by the COR/ACOR. The Contractor shall be accountable to the COR/ACOR for equipment and supplies received for use during the contract. The Government will maintain the Property Book.
Initial Inventory. At the start of the contract, ECCS will consign to Unisys any long lead items purchased by ECCS for this product. After the initial inventory is depleted, Unisys will procure all material and provide a full turnkey solution. OBSOLETE PARTS INVENTORY Obsolete parts inventory caused by ECCS initiated ECNs will be paid for by ECCS. Unisys will attempt to return for credit or otherwise use any non-unique parts which become obsolete due to ECCS initiated ECNs.
Initial Inventory. At the time each Wayback Burgers Restaurant opens, Master Franchisee or Franchisee, as applicable, shall stock the initial inventory of products, accessories, equipment, and supplies as prescribed by Franchisor in the Manuals or otherwise in writing. Thereafter, Master Franchisee or Franchisee, as applicable, shall stock and maintain all types of approved products in quantities sufficient to meet reasonably anticipated customer demand. Master Franchisee agrees to immediately notify Franchisor if an approved supplier substitutes or attempts to substitute an unapproved product in place of an approved product. Master Franchisee shall, and shall require Franchisees to, refuse to accept any such unapproved product(s), or products from any unapproved supplier.
Initial Inventory. Cost of Services shall not include costs for the Inventories transferred to Buyer at Closing in accordance with Section 1.1(e) of the Purchase Agreement. After the sterling value of those initial Inventories has been exhausted in product supply services provided by Seller, the cost of producing product for the Business will be included in the Cost of Services.
Initial Inventory. If a casting included in the Initial Inventory does not conform to the required specifications or if the machining of an item of Initial Inventory is not performed in accordance with specifications established by the Venture in accordance with Section 9 hereof, the party casting or machining the component shall be charged back an amount equivalent to the attributable transfer cost set forth on Schedules 1.1 (a), 1.1 (b) and 1.1 (c).
