Minimum Inventory. Distributor shall at all times after the Effective Date of this Agreement maintain at all time, a minimum inventory of Products equivalent to one quarter of sales of the current year, to ensure the timely supply of Products to the customers.
Minimum Inventory. Seller shall maintain an inventory of supplies, ----------------- parts and materials for the construction, operation and maintenance of the System consistent with past practice in the ordinary course of business, including sufficient supplies, parts and materials on the Closing Date for operation and maintenance of the System by Buyer thereafter as if Seller had remained the operator of the System on and after the Closing Date.
Minimum Inventory. Licensee shall at all times maintain a sufficient inventory of the Licensed Products available for immediate delivery to customers in the Territory, which shall correspond at least to the Territory-wide volume of Licensee’s sales of the next three (3) forecasted months (which inventory amount shall be reviewed by the Parties after the first Calendar Year following the Calendar Year in which the First Commercial Sale occurred and modified if necessary by the Parties’ mutual written agreement), and shall use all means and make all arrangements necessary to fulfill in due time all orders it receives from customers.
Minimum Inventory. For the period, April 1, 2020 to September 30, 2020, the Corporation will not be required to maintain a minimum inventory balance. After October 1, 2020 the Corporation shall maintain a minimum inventory of dried cannabis flower of 2,000 kg.
Minimum Inventory. (a) Promptly after the Closing Date, Intel will prepare and present to Holdings a statement in reasonable detail of the Intel Inventory Value as of the end of Intel’s first fiscal quarter of 2007 and as of the Effective Time (the “Preliminary Intel Inventory Statement”). The Preliminary Intel Inventory Statement shall be delivered to Holdings no later than 90 days after the Closing Date.
(b) Holdings and its accountants shall have the right to review the work papers of Intel and its accountants utilized in preparing the Preliminary Intel Inventory Statement and shall have full access to the books, records, properties and personnel of Intel for purposes of verifying the accuracy and fairness of the presentation of the Intel Inventory Value in the Preliminary Intel Inventory Statement. The Preliminary Intel Inventory Statement shall be binding on Holdings and its Subsidiaries, unless Holdings presents to Intel written notice of disagreement with the Preliminary Intel Inventory Statement (“Intel Notice of Disagreement”) within 150 days after the Closing Date specifying in reasonable detail the nature and extent of the disagreement.
(c) During the 30-day period following the delivery of an Intel Notice of Disagreement, Intel and Holdings shall seek in good faith to resolve in writing any differences which they may have with respect to any amount specified in the Intel Notice of Disagreement. If Holdings and Intel are unable to resolve any such disagreement within 30 days after Intel receives the Intel Notice of Disagreement, the disagreement shall be referred for final determination to Deloitte & Touche USA LLP or if Deloitte & Touche USA LLP is unable or unwilling to make such final determination, to such other independent accounting firm as the parties shall mutually designate. The accounting firm so designated to make the final determination is hereinafter referred to as the “Independent Accountants.”
Minimum Inventory. As an accommodation to the Company, iPrint will maintain a minimum inventory of certain custom preprinted and generic promotional products as designated by the Company and set forth in the Minimum Inventory Supplement attached hereto as Exhibit B, if applicable. Any products remaining in inventory hereunder at the termination or expiration of this Agreement shall be charged to the Company in a final billing. Such products will be shipped to a location specified by Company, or destroyed after a reasonable amount of time, if no disposition instruction is forthcoming from the Company. Any changes to the Minimum Inventory Supplement must be in writing and signed by both parties.
Minimum Inventory. As soon as Nova Factor's inventory falls to a one-week supply of Product, Nova Factor shall submit an order to Biogen for an additional two (2) weeks' supply of Product, based on Nova Factor's most recent forecast.
Minimum Inventory. Bank shall not be required to make an advance to Borrower under the Line of Credit unless Borrower has demonstrated that it has eligible inventory (exclusive of work in process and inventory which obsolete, unsalable or damaged) with an aggregate value (with the value determined on a cost basis) equal to at least Fifty Million Dollars ($50,000,000).”
Minimum Inventory. Borrower shall have at the end of each Fiscal Month set forth below, total Inventory with a book value, valued at the lower of cost (determined on a first-in, first-out basis) or market (as stated on Borrower's monthly balance sheet delivered pursuant to paragraph (a) of Annex E), of not less than the following: $578,660,000 for the Fiscal Month ending on October 6, 2001; $677,677,000 for the Fiscal Month ending on November 3, 2001; $682,028,000 for the Fiscal Month ending on December 1, 2001; $463,040,000 for the Fiscal Month ending on January 5, 2002; $549,352,000 for the Fiscal Month ending on February 2, 2002; $595,951,000 for the Fiscal Month ending on March 2, 2002; $619,174,000 for the Fiscal Month ending on April 6, 2002; $631,605,000 for the Fiscal Month ending on May 4, 2002; $632,498,000 for the Fiscal Month ending on June 1, 2002; $585,602,000 for the Fiscal Month ending on July 6, 2002; $584,560,000 for the Fiscal Month ending on August 3, 2002; $628,553,000 for the Fiscal Month ending on August 31, 2002; $702,991,000 for the Fiscal Month ending on October 5, 2002; $739,316,000 for the Fiscal Month ending on November 2, 2002; $720,335,000 for the Fiscal Month ending on November 30, 2002; $496,947,000 for the Fiscal Month ending on January 4, 2003; $585,156,000 for the Fiscal Month ending on February 1, 2003; $595,951,000 for the Fiscal Month ending on March 1, 2003; $619,174,000 for the Fiscal Month ending on April 5, 2003; $631,605,000 for the Fiscal Month ending on May 3, 2003; $632,498,000 for the Fiscal Month ending on May 31, 2003; $585,602,000 for the Fiscal Month ending on July 5, 2003; $584,560,000 for the Fiscal Month ending on August 2, 2003; $628,553,000 for the Fiscal Month ending on August 30, 2003; provided, that for each store closed pursuant to clause (ii) of Section 6.8(c), each of the minimum Inventory amounts set forth above for each Fiscal Month after such store closing shall be decreased by $1,500,000.
Minimum Inventory. Borrower shall not permit the aggregate amount of Inventory of Borrower (valued at cost) at the end of each month to be less than the amounts specified opposite such month each as set forth below: Fiscal Month Ending Minimum Amount ------------------- -------------- January 1998 $27,134,000 February 1998 $29,809,000 March 1998 $30,480,000 April 1998 $30,314,000 May 1999 $31,435,000 June 1998 $28,539,000 July 1998 $30,759,000 August 1998 $32,134,000 September 1998 $38,842,000 October 1998 $39,921,000 November 1998 $42,572,000 December 1998 $33,379,000 January 1999 $31,742,000
