Material inventory definition

Material inventory means a water service line material
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Material inventory means a water service line material inventory developed by a community water supply under this Act.
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Material inventory shall have the meaning set forth in Section 9.4.
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Examples of Material inventory in a sentence

  • Material inventory levels will be based on the type and frequency of maintenance occurring at each maintenance facility.

  • Material inventory is stated at cost using the first-in, first-out (FIFO) method.

  • Raw Material inventory decreased due to inventory control measures and lower prices.

  • Raw Material, Component, Spares and Packing Material inventory cost is determined at Weighted average.

  • Material inventory is to be maintained in a manner that will provide an audit trail from purchase to installation as well as material on hand.

  • Material, inventory, and merchandise may be displayed outdoors, provided that an area is dedicated for said activity.

  • Material inventory management, contract administration services, warehousing and logistics services.

  • The Special Nuclear Material inventory consists mainly of Plutonium-Beryllium sources that are used to produce neutrons and uranium enriched in U-235 used for nuclear cross-section measurements.

  • Hazards Related to MaterialsThe manufacturing capacities of the proposed products are presented in Table 1 and Raw Material inventory is presented in Table 2.

  • Thereby reducing the cost of the project will help the enterprises to have an invincible position in the fierce competition in the market .Engineering project engineering material costs account for around 60% -70% of the project cost, and therefore control engineering material cost is a key to the cost control of a project .Material inventory management play an important role in controlling engineering material costs.


More Definitions of Material inventory

Material inventory. Buyer will pay Seller a sum equal to the lower of Seller's costs of net realizable value of all Raw Material Inventory, adjusted to reflect FIFO valuation. All Purchased Assets shall be removed at Buyer's expense within thirty (30) days of Closing, except for any Machinery and Equipment required by Seller for the production of Excess Inventory as defined in Section 1.5, which shall be removed within thirty (30) days after the completion of such production. The cost of restoring the premises which such Purchased Assets were located shall be borne solely by Seller, except to the extent that such expenses are due to Buyer's gross negligence in removing the Purchased Assets. Buyer and Seller will agree on or before the close of business on July 10th, 2000, on the value of Seller's Finished Goods Inventory and Raw Material Inventory and jointly prepare prior to Closing a statement reflecting their determination of the value of each SKU (stock keeping unit) contained in Seller's Finished Goods inventory and Raw Material Inventory. On the first Saturday following the satisfaction or waiver of the conditions contained in Article IV (the "First Saturday"), Seller shall physically count (the "Physical Count") the Finished Goods Inventory and the Raw Material Inventory. Buyer shall have the right to observe such Physical Count and any related compilation. The results of the Physical Count shall be used to calculate the purchase price of the Finished Goods Inventory and Raw Material Inventory under Section 1.4.
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Material inventory means a water service line material inventory developed by a Community Water Supply.
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Material inventory means a water service line material inventory developed by a community water supply pursuant to this Act.
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Related to Material inventory

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

  • 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.

  • Raw material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Material Intellectual Property means Intellectual Property owned by or licensed to a Grantor and material to the conduct of any Grantor’s business.

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

  • Source material milling means any activity that results in the production of byproduct material as defined by definition (2) of byproduct material.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • 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.

  • Material Information means any information (Material Fact or Material Change) relating to the business and affairs of the Company that results in or would reasonably be expected to result in a significant change in the market price or value of any of the Company’s securities;

  • Material Gas Imbalance means, at any time, with respect to all Gas Balancing Agreements to which any Credit Party is a party or by which any Mineral Interest owned by any Credit Party is bound, a net gas imbalance at such time to all such Credit Parties in excess of, in the aggregate, three percent (3%) of the Borrowing Base then in effect.

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Medical equipment supplier means any person, as defined in § 1-230, engaged in the delivery to the ultimate consumer, pursuant to the lawful order of a practitioner, of hypodermic syringes and needles, medicinal oxygen, Schedule VI controlled devices, those Schedule VI controlled substances with no medicinal properties that are used for the operation and cleaning of medical equipment, solutions for peritoneal dialysis, and sterile water or saline for irrigation.

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.