Initial Inventory definition

Initial Inventory means, for each Product Group, the total volumes of Products in such Product Group located in situ in the Included Locations to be sold by DCR to Xxxx pursuant to this Agreement as of the Commencement Date (but not including any then-existing Excess Quantities).

Initial Inventory means the volumes of Products and ethanol sold to MSCG on the Closing Date (as defined in the Off-Take Agreement).

Initial Inventory has the meaning specified in the recitals hereto.

Examples of Initial Inventory in a sentence

• The parties acknowledge and agree that as of the date of this Lease the amount of Initial Inventory at the Facility is consistent with the amount of Inventory customarily maintained in a hotel of the type and character of the Facility and as otherwise is required to operate the Leased Property in the manner contemplated by this Lease and in compliance with the Franchise Agreement and all Legal Requirements.

• As the Initial Inventory is depleted, Lessee shall purchase, at its sole cost and expense, any replacement Inventory which may be required.

• The Parties shall determine the actual volumes of the Initial Inventory sold by PRC to Xxxx hereunder as of the Commencement Date (the “Actual Initial Inventory”) in accordance with the procedures set forth in Schedule D.

• 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.

• More specifically, the Initial Inventory and Plan are due sixty (60) days following the issuance of the Guardianship Letters.

More Definitions of Initial Inventory

Initial Inventory means, for each Product Group, the total volumes of Products in such Product Group located in situ in the Included Locations to be sold by DCRC and PBFH to Aron pursuant to this Agreement as of the Commencement Date (but not including any then-existing Excess Quantities).

Initial Inventory means the mar- ketable merchandise and consumable supplies that RSB determines is necessary for a man- ager to begin operation of a new or substan- tially altered vending facility.

Initial Inventory means the marketable merchandise and con- sumable supplies that RSB determines is necessary for a manager to begin operation of a new or substantially altered vending facility[;].

Initial Inventory means any jet or turbo prop engine and/or jet or turbo prop engine parts and aircraft parts included as part of the Inventory as of the Closing Date.

Initial Inventory has the meaning assigned to such term in Section 2.05(a).

Initial Inventory means Components purchased prior to Hypercom’s Product transition to Venture and as set out in each Product Schedule.

Initial Inventory means as of the Commencement Date, all Crude Oil and blendstock inventories located in the Designated Tanks, the Pipeline System (including line fill) and all Crude Oil in transit by vessel or in pipelines to be delivered into the Designated Tanks.