Minimum Inventory means, for each Product Group, the aggregate number of barrels indicated on Schedule E.
Minimum Inventory means the minimum quantity of LNG in kWh which the Service Provider (or an Affiliate) is required to maintain in the Facility’s storage tanks at all times under the Service Provider’s LNG Terminal Agreement, as specified in Schedule 1;
Minimum Inventory means five thousand cubic meters (5,000 m3) of LNG, or such other amount agreed between the Operator and the FSRU Owner and as further detailed in the Gas Accounting Procedure.
Examples of Minimum Inventory in a sentence
Final Value of Closing Inventory and (y) the Minimum Inventory (to the extent such amount is a positive number) within five (5) Business Days after the determination of the Final Value of Closing Inventory; provided, that, for the avoidance of doubt, there shall not be any adjustments to the Purchase Price if the Final Value of the Closing Inventory is less than the Minimum Inventory.
More Definitions of Minimum Inventory
Minimum Inventory means a quantity of 6,500 m3 of LNG or such reduced quantity as may be notified by Operator, being the quantity of LNG which the Operator, acting as a Reasonable and Prudent Operator, determines must be present in the FSRU on a continuous basis in order to maintain the temperature of the FSRU’s cargo tanks and unloading and processing lines at the level necessary to maintain safe and controlled operations at the Terminal.
Minimum Inventory means the quantity (in cubic metres (m3)) of LNG specified as such or determined as such in accordance with the Service Provider’s LNG Storage Contract;
Minimum Inventory means Inventory having a book value of $3,672,819 minus any amount related to a Rejected Store Lease as of the Closing Date.
Minimum Inventory means five thousand cubic meters (5,000 m3) of LNG, or such other amount agreed between the Operator and the FSRU Owner.
Minimum Inventory means the minimum inventory required to respond to emergencies.
Minimum Inventory is defined in Section 1.2(a).
Minimum Inventory means a number of units of Product (by size) equal to 90% of the number of units of Product (by size) shipped by SWAI pursuant to this Agreement during the prior four (4) Calendar Months.