Facility inventory definition
Examples of Facility inventory in a sentence
As soon as practicable, and in any event no less than three months prior to the Placed In Service Date, Operator shall deliver to Owner detailed Operating Procedures that Operator deems necessary or appropriate to perform its obligations contemplated by this Section 2.2. Such Operating Procedures shall provide for preventative and ordinary maintenance of the Facility, inventory control (including an inventory of Spare Parts) and tracking of equipment history.
Effective as of the Closing, ▇▇▇▇▇▇▇▇▇ agrees that it shall, upon the request of the Company at any time and from time to time, (a) store, in warehouse space located at the ▇▇▇▇▇▇▇▇ Facility, inventory and other items of tangible personal property owned by the Company or used in the Company's business (other than any such items of tangible personal property leased to ▇▇▇▇▇▇▇▇▇ pursuant to Section 4.16(b)) and (b) provide all services reasonably requested by the Company in connection therewith.
Facility inventory reports are utilized to monitor rates and maintain optimal subscriber levels.