Inventory Account definition

Inventory Account means a written or electronic record maintained by Pledgor in its own name or in the name of a third party, which records any or all of natural uranium, enriched uranium, separative work units and other nuclear material or components held by or for Pledgor that is owned by the named account holder.
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Inventory Account has the meaning given to it in Section 5.4(f).
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Inventory Account means the statement of account of inventory, borrowing and lending of LNG pursuant to the TIUA, maintained by Operator on a daily basis.
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Examples of Inventory Account in a sentence

  • Midstream Co shall provide a statement of Producer’s Inventory Account as part of the supplemental and supporting information for each invoice.

  • Each Pledgor shall establish, in its own name, an Inventory Account to which all Pledgor-owned uranium and SWU Component in the Inventory shall be credited.

  • The balance of material credited to this Inventory Account shall be reconciled monthly.

  • The information contained in this Prospectus, including the information set out under Section 2 “Risk Factors”, identifies additional factors that could affect the Company’s financial position, operating results, liquidity and performance.

  • The balance of material credited to this Inventory Account shall be reconciled monthly, or more often as may reasonably be requested by the Agent under the Credit Agreement, as part of the Borrowing Base calculation.

  • If the Shipper fails to correct a shortfall in the Daily Imbalance as required pursuant to Section 8.2 (Daily Imbalance), or fails to maintain an appropriate balance in the Shipper’s inventory account in accordance with Section 8.3 (Inventory Account), then FortisBC Energy may correct that Daily Imbalance or take such actions as may be needed to restore the balance in the Shipper’s inventory account balance to an appropriate amount.

  • Upon confirmed receipt of such repayment by the relevant Lender User(s), Operator shall adjust the Inventory Account in respect of the Borrower User to reflect the settlement of the borrowed quantity.

  • The balance of inventories that have been donated rather than purchased are held in the Donated Inventory Account.

  • To Opening Inventory Account To Purchases Account To Wages Account To Freight on Purchases Account, etc.

  • If upon expiration of the term hereof Customer’s Gas Storage Inventory Account is greater than zero, then the term of this Agreement shall be extended for the number of Days as designated by Operator to allow Customer to withdraw from storage such Gas remaining in Customer's Gas Storage Inventory Account at rates and conditions of delivery determined by Operator.


More Definitions of Inventory Account

Inventory Account means an account maintained by Lodi as the means by which Transactions entered into by the Parties are accounted for. Lodi may maintain more than one Inventory Account on behalf of Customer.
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Inventory Account means the line item captioned "Inventories" on the balance sheet of BHC and the Company.
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Inventory Account means an account maintained by AECO Gas Storage and by which Transactions entered into by the Parties are accounted for. AECO Gas Storage may maintain more than one Inventory Account on behalf of Customer.
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Inventory Account means an account maintained by Salt Plains as the means by which Transactions entered into by the Parties are accounted for. Salt Plains may maintain more than one Inventory Account on behalf of Customer;
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Inventory Account means an account maintained by Wild Goose as the means by which Transactions entered into by the Parties are accounted for. Wild Goose may maintain more than one Inventory Account on behalf of Customer.
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Related to Inventory Account

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • 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.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Facility Account means the account numbered 0000000 maintained by Seller in the name of “PDC Funding Company, LLC” at JPMorgan, together with any successor account or sub-account.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Locked Box Accounts means the unaudited accounts of the Group, consisting of a balance sheet as at the Locked Box Date in the Agreed Form;

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;