Baseline Inventory definition

Baseline Inventory means an inventory of equipment as defined in this subdivision that reflects all equipment ownedoperated at the time of the inventory.
Baseline Inventory has the meaning set forth in Section 8.5 (Managed Assets Evaluations).
Baseline Inventory means that amount that is equal to Inventory as of each of the Quarterly Baseline Dates multiplied by (1 + Percentage Change in Sales).

Examples of Baseline Inventory in a sentence

  • 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.


More Definitions of Baseline Inventory

Baseline Inventory means an inventory performed using state of the art survey techniques to reliably estimate and locate the inventory of materials at the BHF at a specific point in time. Contractor will need to track incoming and outgoing product on a monthly basis. A summary of the status of the inventory will be included in the quarterly and annual reports described in this Agreement.

Related to Baseline Inventory

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).