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 for 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. On the Commencement Date and thereafter during the Term, Tenant shall, at its sole cost and expense, furnish and maintain at the Leased Property all Inventory necessary or desirable for the operation of the Leased Property in accordance with the provisions of this Agreement, the Franchise Agreement, the Hotel Standard and reasonable commercial practice. On the Commencement Date and at the commencement of each calendar year, Tenant shall submit to Landlord a detailed list of all Inventory. Tenant, at its sole cost and expense, shall repair, maintain and replace the Inventory so that the greater of (x) the Minimum Inventory, or (y) the remaining Inventory, is delivered to Landlord on the date of expiration or the earlier termination of this Agreement.
Minimum Inventory. Subject to the constraints imposed by any breach by HMR GmbH of any of the terms of this AGREEMENT, by any SUPPLY INTERRUPTION or by any EXTENDED SUPPLY INTERRUPTION, and subject to HMR GmbH's fulfillment of its delivery obligations under Sections 2.4(b) and 2.4(c) hereof, MEDICIS shall maintain at its expense at all times after the six (6) month anniversary of the EFFECTIVE DATE, including immediately prior to delivery of a new shipment of HMR MANUFACTURED PRODUCTS, inventory of each HMR MANUFACTURED PRODUCT equivalent to the quantities of such HMR MANUFACTURED PRODUCT sold by MEDICIS over a three (3) month period (or by HMR GmbH and/or its AFFILIATES for any period prior to the EFFECTIVE DATE) which shall be computed as being the average of the quantities sold during the three (3) most recently completed calendar quarters.
Minimum Inventory. During the Term, Distributor shall maintain an inventory of units of the Products sufficient to fulfill the forecasted demand for the Product in the Territory.
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.
Minimum Inventory. The Borrower will maintain Inventory (as defined in the Security Agreement) in an amount not less than $150,000,000 (determined in accordance with GAAP) at all times.
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
Minimum Inventory. During the Term, ALLERGAN shall maintain not less than *** rolling stock of inventory of Product for the Territory (work in process inventory shall be included in this calculation) and approximately *** supply of Materials throughout the supply chain ("RESERVE SUPPLY"), excepting where such Reserve Supply is used to fulfill Purchase Orders, in which case it shall be replaced within ***. For the avoidance of doubt, the Reserve Supply shall be Product dedicated to GSK (but not necessarily labelled for GSK) and not used for any other customers of ALLERGAN or ALLERGAN itself. Within thirty (30) days after the Effective Date and thereafter during the Term, GSK shall maintain *** of inventory of Product in the Territory. The amounts of inventory specified in this Section shall be based on the Rolling Forecast.
