Minimum Inventory definition

Minimum Inventory means, for each Product Group, the aggregate number of barrels indicated on Schedule E.

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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

• Mentor shall have the right, but not the obligation, to conduct an annual audit of SiTech, at Mentor's expense, to satisfy itself that such Minimum Inventory Level is being met.

• To the extent that the aggregate Retail Price of the Merchandise, as determined by the final results of the Inventory Taking (defined below), is (x) less than the Minimum Inventory Amount, then the Guaranteed Amount shall be decreased by an amount equal to 65% of such deficiency, or (y) greater than the Minimum Inventory Amount, the Guaranteed Amount shall be increased by an amount equal to 36% of such excess.

• Each Requirements Report will report the Available Inventory and specify the Minimum Inventory Level and Maximum Inventory Level for the Product for the coming week.

• Tenant, at its sole cost and expense, shall repair, maintain and replace the Inventory so that the greater of (x) the Minimum Inventory, or (y) the remaining Inventory, is delivered to Landlord on the date of expiration or the earlier termination of this Agreement.

• Such list shall reflect the status of SiTech's inventory at the end of each calendar quarter sufficient to assure that Mentor shall have a three (3) month supply of the materials to be purchased by Mentor pursuant to the terms of this Agreement (the "Minimum Inventory Level").

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 is defined in Section 1.2(a).

Minimum Inventory means the minimum inventory required to respond to emergencies.

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 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.

Minimum Inventory means twenty-five million United States Dollars (US$25,000,000).