Beginning Inventory definition

Beginning Inventory means the count of Covered Machines, by machine type, on the Reference Date. The Parties deem the Beginning Inventory to be as set forth in Exhibit D.16.d and D.16.e without regard to the actual count of Covered Machines at Covered Locations on the Second Amended Effective Date.
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Beginning Inventory. Column 3 Beginning inventory equals previous month’s ending inventory.
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Beginning Inventory means the amount of $5,207,000, which represents the approximate value of the Inventory as set forth on the December 31, 2003 Balance Sheet.
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Examples of Beginning Inventory in a sentence

  • BEGINNING INVENTORY (BI)–The book inventory quantity at the beginning of an inventory period, and the reconciled physical inventory entered into the books as an adjusted inventory at the completion of the prior inventory period.

  • BEGINNING INVENTORY (BI)–The total itemized quantity of SNM of a given material type code possessed by a “plant” at the start of a material balance period (inventory period).

  • TOTAL BEGINNING INVENTORY AMOUNT..................................................................................................

  • The agreement of responsibilities of yourself and the other individual(s) are stated below:Memberʼs Signature Parents / Guardians / Owners Signature (Circle one) BEGINNING INVENTORY - List all items on hand at the beginning of the project.Date Date Item Description Quantity Value Per Item Total Value Total Value of Beginning inventory: Project Financial Records (Complete during the project) PROJECT INCOME - List all income related to your project.

  • Donald Macintyre [Capt., RN], U-boat Killer: Fighting the U-boats in the Battle of the Atlan- tic (London: Quality Book Club, 1956), pp.

  • APPENDIX AH&I MONTHLY LITERATURE DISBURSEMENTSMONTH PANELIP# MONTHLY TOTAL: BEGINNING INVENTORY: CLOSING INVENTORY: GOLD COASTH&I SUBCOMMITTEE ORIENTATION PACKAGEORIENTATION H&I orientation is a period that allows NA members to become familiar with H&I work so that they aren't rushed into it without any preparation for this service.Many people are quite apprehensive about getting into H&I for a variety of reasons.

  • BEGINNING INVENTORY: Ending Inventory from prior month.2. ADD POUNDS RECEIVED:(from Summary of Pounds Recei 3.

  • The ENDING INVENTORY balance of cards will be posted to the new log as the BEGINNING INVENTORY balance and the remainder of that line will be completed according to the instructions for the log.


More Definitions of Beginning Inventory

Beginning Inventory means, for a given period, the total Merchantable Timber (expressed in MBF) on Timberlands pledged as Collateral as of the beginning of the relevant period, which value shall equal the Ending Inventory shown on the Collateral Value Report for the immediately preceding fiscal quarter (or, in the case of the initial Collateral Value Report delivered after the First Amendment Effective Date, the Ending Inventory shown on the pro forma Collateral Value Report delivered on the First Amendment Effective Date).
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Beginning Inventory means, for a given period, the total Merchantable Timber (expressed in MBF) on Timberlands pledged as Collateral as of the beginning of the relevant period, which value shall equal the Ending Inventory shown on the Collateral Value Report for the immediately preceding fiscal quarter (or, in the case of the initial Collateral Value Report for the quarter ending December 31, 2005, the Merchantable Timber inventory for the Oregon Tree Farms reflected in the Appraisal, as adjusted for the portion of the Oregon Trees Farms that were excluded from the Collateral pledged on the Closing Date).
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Related to Beginning Inventory

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Transferred Inventory has the meaning set forth in Section 2.2(a)(iii).

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrower’s business.

  • Inventory Value has the meaning set forth in Section 2.1.

  • Inventory Formula Amount means the lesser of (i) 65% of the Value of Eligible Inventory; or (ii) 85% of the NOLV Percentage of the Value of Eligible Inventory.

  • Obsolete Inventory means items that have expired, are redundant or

  • 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.

  • County-adjusted property tax base per square mile means the county-adjusted property tax base divided by the number of square miles of land area in the county.

  • Finished Lots means, Entitled Land (i) that has been legally subdivided for the construction of Housing Units, (ii) that has been graded substantially in accordance with all grading plans approved by the applicable agencies and contains level building pads (except for any fine or precise grading to be completed immediately prior to vertical construction), (iii) that has all water, sewer, electrical and other utility services for planned residences installed and stubbed to the lot behind the sidewalk, (iv) that has all storm drain, sewer, curb, gutter, sidewalk and pavement for public access constructed and installed, except for any final lift of the streets and lateral connections to Housing Units, (v) that has all property corners surveyed and marked and any required survey monumentation installed, and (vi) with respect to which all applicable development fees (including, without limitation, school and development impact fees) that are required to be paid prior to obtaining a building permit have been paid other than building permit and plan check fees. Except as otherwise expressly provided in this Agreement, the term “Finished Lot” shall not include any Land upon which the construction of a Housing Unit has commenced.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as provisions in storerooms, refrigerators, pantries and kitchens, beverages in wine cellars and bars, other merchandise intended for sale, fuel, mechanical supplies, stationery, and other supplies and similar items.

  • Eligible Inventory means and include Inventory of a Borrower, excluding work in process, valued at the lower of cost or market value, determined on a first-in-first-out basis, which is not, in Administrative Agent’s Permitted Discretion, obsolete, slow moving or unmerchantable and which Administrative Agent, in its Permitted Discretion, shall not deem ineligible Inventory, based on such considerations as Administrative Agent may from time to time deem appropriate including whether the Inventory is subject to a perfected, first priority security interest in favor of Administrative Agent and no other Lien (other than a Permitted Encumbrance). In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is Foreign In-Transit Inventory or in-transit within the United States; (c) is located outside the continental United States; (d) constitutes Consigned Inventory; (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Administrative Agent’s right to sell or otherwise dispose of such Inventory, unless Administrative Agent is a party to a Licensor/Administrative Agent Agreement with the Licensor under such License Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its sole discretion); (g) is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Administrative Agent a Lien Waiver Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its Permitted Discretion); or (h) or if the sale of such Inventory would result in an ineligible Receivable.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated January 22, 2008 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraiser firm pursuant to Section 9.2(b).

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Billing cycle or billing period means the period for which regular electricity bills as specified by the Commission, are prepared for different categories of consumers by the licensee;

  • Stored value means monetary value that is evidenced by an electronic record.

  • Excluded Inventory shall have the meaning set forth in Section 2.4.

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Finished grade means the grade upon completion of the fill or excavation.