Minimum Inventory Levels Sample Clauses

Minimum Inventory Levels. As of the Closing Date, there will be on hand the minimum inventory levels as listed and described on Schedule 2.1(f)-2 and smallwares of sufficient quality and quantity to operate Seller’s Business in a usual and customary manner.
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Minimum Inventory Levels. Continuously throughout the Term, unless otherwise indicated by Eargo, Supplier agrees to and will maintain a minimum [***] inventory quantity (i.e., calculated and based upon Eargo’s most recent Forecast) of the Products that are readily available for shipment (“Minimum Inventory”). All Products manufactured and/or Components procured by Supplier to meet a then-current Minimum Inventory quantity will be considered “Inventory” under this Agreement. Supplier understands and agrees, however, that in no event will Eargo be responsible for any costs associated with Supplier’s compliance with the Minimum Inventory requirement or for the insurance, storage or other costs associated with any Inventory. When Supplier is creating Inventory levels to satisfy the required Minimum Inventory, any reduction in quantity of Products that were ordered pursuant to a Purchase Order, or any quantity of Products ordered pursuant to a Purchase Order that is later cancelled by Eargo, will be [***]. Supplier will monitor and report its Inventory to Eargo on a [***] basis or at other time intervals as mutually agreed upon in writing by both parties. Supplier will maintain insurance on all Inventory and will ensure that the Inventory is kept in a secure location. Eargo will have the right to inspect any and all locations where Inventory is stored, upon request.
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Minimum Inventory Levels. Except as shown on Schedule 8.5 attached hereto, the Inventory of each Active Product shall equal or exceed a two-month supply based upon Seller’s average monthly sales of such Active Products for the last three calendar years.
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Minimum Inventory Levels. At no time shall the Borrowers suffer or permit the Cost value of Eligible Inventory to be less than $60,000,000.00.
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Related to Minimum Inventory Levels

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Minimum Net Worth The Borrower will at all times maintain ----------------- Consolidated Net Worth of not less than the sum of (i) $265,000,000 plus (ii) fifty percent (50%) of Consolidated Net Income earned in each fiscal quarter beginning with the quarter ending December 31, 1997 (without deduction for losses).

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance."

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Minimum Book Net Worth The Borrower will maintain, during each period described below, its Book Net Worth, determined as of the end of each month, in an amount not less than the amount set forth for each such period: August 1, 2005 through September 30, 2005 $ 7,800,000 October 1, 2005 Through December 31, 2005 $ 7,500,000 January 1, 2006 Through March 31, 2006 $ 7,500,000 April 1 Through June 30, 2006 $ 7,500,000 July 1, 2006 Through September 30, 2006 $ 7,500,000 October 1, 2006 Through December 31, 2006 $ 7,600,000 January 1, 2007 and each month thereafter $ 7,600,000

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • Minimum Tangible Net Worth The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $731,508,263 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after the Agreement by the Parent, the Borrower or any of the Subsidiaries of the Parent to any Person other than the Parent, the Borrower or any of the Subsidiaries of the Parent.

  • Staffing Levels To the extent legislative appropriations and PIN authorizations allow, safe staffing levels will be maintained in all institutions where employees have patient, client, inmate or student care responsibilities. In July of each year, the Secretary or Deputy Secretary of each agency will, upon request, meet with the Union, to hear the employees’ views regarding staffing levels. In August of each year, the Secretary or Deputy Secretary of Budget and Management will, upon request, meet with the Union to hear the employees’ views regarding the Governor’s budget request.

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