Buffer Stock definition

Buffer Stock means the Cobalt Alloy Stock to be established at OMG in KOKKOLA, FINLAND in accordance with article 10 of the J.V. Agreement and to be kept separate from the Ordinary Commercial Cobalt Alloy Stock of OMG KOKKOLA Chemicals Oy.

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Buffer Stock shall have the meaning set forth in Section 8.9(a).

Buffer Stock shall have the meaning provided in Section 7.6.

Examples of Buffer Stock in a sentence

• In case not, the reduction of the Buffer Stock shall be postponed accordingly.

• End 2006 : 2.100 tons of cobalt End 2007 : 1.700 tons of cobalt End 2008 : 1.300 tons of cobalt End 2009 : 900 tons of cobalt End 2010 : 500 tons of cobalt End 2011 : 100 tons of cobalt End 2012 : Liquidation of the Buffer Stock.

• The payment by the BUYER to the SELLER for each delivery, except for the deliveries to the Buffer Stock, shall be made as follows: The payments by the BUYER shall be made within twenty calendar days from the end of each Quotational Period.

• KCO shall always have the right, and at its full discretion, to prepay the Slag corresponding to the cobalt tonnage of the Buffer Stock.

• For that reason GECAMINES undertakes to sell to the J.V. and the J.V. undertakes to buy from GECAMINES the quantity of Slag necessary for building up the Buffer Stock.

More Definitions of Buffer Stock

Buffer Stock means a stock of Product, per OEM’s forecasted agreement, which is used to offset unexpected rises in demand for the Products.

Buffer Stock. Means an agreed level of Materials held and maintained pursuant to the terms and conditions of Clause 4.1.

Buffer Stock means a quantity of Product maintained on Sterling's inventory and at Sterling's expense as a contingency to meet supply requirements in the event of a manufactured batch failing to comply with the Specification, or in the event of other unforeseen and/or emergency requirements.

Buffer Stock means the buffer stock established by article 21 and operated in accordance with chapter XIII of this Agreement;

Buffer Stock means the Buffer Stock established under Article 20 of the International Tin Agreement 1971;

Buffer Stock means, in respect of each of the Master Products, the corresponding buffer stock quantity the Supplier is to maintain throughout the term of this Master Agreement, as set out in Schedule 3.

Buffer Stock means finished goods PCBA inventory owned and paid for by Digital in a location within Jabil.