SALE OF INITIAL INVENTORY AND REPURCHASE OF ENDING INVENTORY. 3.1 Estimated Initial Inventory (Estimated Step-in Inventory). On Thursday, June 27, 2013, DCR shall prepare its good faith estimate of the Initial Inventory to be sold by DCR to Xxxx hereunder as of the Commencement Date (the “Estimated Initial Inventory”) based on the volumes held in the Included Locations as of 11:59:59 p.m. EPT on Wednesday, June 26, 2013, and shall deliver a written statement thereof to Xxxx by 5:00:00 p.m. EPT on Thursday, June 27, 2013.
Appears in 4 contracts
Samples: Inventory Intermediation Agreement (PBF Energy Co LLC), Inventory Intermediation Agreement (PBF Finance Corp), Inventory Intermediation Agreement (PBF Energy Inc.)
SALE OF INITIAL INVENTORY AND REPURCHASE OF ENDING INVENTORY. 3.1 Estimated Initial Inventory (Estimated Step-in Inventory). On Thursday, June 27, 2013, DCR DCRC and PBFH shall prepare its their good faith estimate of the Initial Inventory to be sold by DCR DCRC and PBFH to Xxxx hereunder as of the Commencement Date (the “Estimated Initial Inventory”) based on the volumes held in the Included Locations as of 11:59:59 p.m. EPT on Wednesday, June 26, 2013, and shall deliver a written statement thereof to Xxxx by 5:00:00 p.m. EPT on Thursday, June 27, 2013.
Appears in 1 contract
Samples: Inventory Intermediation Agreement (PBF Holding Co LLC)
SALE OF INITIAL INVENTORY AND REPURCHASE OF ENDING INVENTORY. 3.1 Estimated Initial Inventory (Estimated Step-in Inventory). On Thursday, June 27, 2013, DCR DCRC and PBFH shall prepare its their good faith estimate of the Initial Inventory to be sold by DCR DCRC and PBFH to Xxxx hereunder xxxxxxxxx as of the Commencement Date (the “Estimated Initial Inventory”) based on the volumes held in the Included Locations as of 11:59:59 p.m. EPT on Wednesday, June 26, 2013, and shall deliver a written statement thereof to Xxxx by 5:00:00 p.m. EPT on Thursday, June 27, 2013.
Appears in 1 contract
Samples: Inventory Intermediation Agreement (PBF Holding Co LLC)
