MRP System definition

MRP System means Contractor’s then current internal material requirements processing system used by Contractor in connection with the performance of satellite construction contracts for its customers generally.
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Examples of MRP System in a sentence

  • SELLER agrees to enter all daily transactions into BUYER's MRP System and make commercially reasonable efforts to use the most recent standards listed in the Manual, including product structures and reconciliation activities for maintaining data.

  • The transfer to the Buyer of the Regulatory --------------------- Assets and the MRP System Current Products shall occur on the Post Closing Transfer Date, at such time and place as shall be mutually agreed by the Corporation and the Buyer, or may be conducted by facsimile, by mail or courier delivery of documents and instruments of transfer, or by any other method mutually agreed by the Corporation and the Buyer.

  • At the Closing provided for in Section 1.3(A) hereof, Buyer ------- shall deliver to the Corporation certificates representing the Shares, against delivery of the items designated to be delivered by the Corporation at Closing pursuant to Sections 1.1(A) and 1.1(B), and as advance payment for the transfer of the Regulatory Assets and the MRP System Current Products.

  • Sparqtron shall identify Excess Inventory, in accordance with the calculation on Exhibit G, on a monthly basis using the MRP System Excess Inventory Dollar Report.

  • As and when requested by PTI or when MPS shall deem necessary, MPS may at the cost and expense of PTI, despatch such numbers of its own staff or other suitably qualified persons to advise on technical aspects of production of the Goods, the operation of the plant and equipment and/or the installation of the Materials Requirements Planning (MRP) System.

  • The transfer of the Inventory and Contracts will take place, subject to the terms hereof, on a date mutually agreed upon by Seller and Purchaser in writing, which date shall be no earlier than the date Purchaser has implemented at its new facility a "materials resource planning system" capable of supporting the operations of the Business (the "MRP System") and the conditions contained in Section 13.7 are hereof fulfilled.

Related to MRP System

  • PV System means a residentially hosted roof-top solar electric generating system, including photovoltaic panels, racks, wiring and other electrical devices, conduits, weatherproof housings, hardware, one or more inverters, remote monitoring systems, connectors, meters, disconnects and over current devices.

  • XXXXX System means the XXXXX filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • Grid System means STU / MSEDCL power transmission system / distribution system through which Delivered Energy is evacuated and distributed.

  • Tank system means a hazardous waste storage or treatment tank and its associated ancillary equipment and containment system.

  • Fuel system means the components which store or transport fuel on board the vehicle and comprise the fuel tank system, all fuel and vapour lines, any non-tank mounted fuel pumps and the activated carbon canister.

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • Production System means a live SAP system used for running Licensee’s internal business operations and where Licensee’s data is recorded.

  • TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) system or any successor thereto.

  • Alarm system means equipment and devices assembled for the purpose of:

  • SCADA System means the Supervisory Control and Data Acquisition System which is composed of all telemetering and remote terminal units (“RTU”) at the Facility and associated with the Grid System or BPDB’s Control Center;

  • Designated System means an electric generation unit that produces electric energy using a Renewable Energy Source that is selected by the IPA through the ABP and approved by the ICC for inclusion in this Agreement as of the Trade Date of a Product Order. All Designated Systems under this Agreement shall either be a Distributed Renewable Energy Generation Device or a Community Renewable Energy Generation Project.

  • Operating System refers to the software that manages Hardware for Programs and other software.

  • interconnected system means a number of transmission and distribution systems linked together by means of one or more interconnectors;

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Transmission System Code means the code, approved by the Board, that is in force at the relevant time, which regulates the financial and information obligations of the Transmitter with respect to its relationship with customers, as well as establishing the standards for connection of customers to, and expansion of a transmission system;