Required Inventory definition

Required Inventory means the volume of Crude Petroleum, by grade, required by Carrier for line fill, working stock and storage receptacle bottoms.
Required Inventory means the volume of Crude Petroleum, by grade, required by Carrier for line fill and working stock.
Required Inventory means the volume of Crude Petroleum, by grade, required by Carrier for line fill, working stock and storage receptacle bottoms.20. Definitions – Continued

Examples of Required Inventory in a sentence

  • For the remainder of the Required Inventory Term, the price(s) for the Goods shall be as agreed to by Xxxxx and Seller.

  • Required Inventory Items - The following property items shall be included on a county's inventory list regardless of the price paid by the county to acquire the item or the fair market value of the item: @ Weapons@ Cameras and camera equipment (greater then $250)@ Mobile/cellular phones@ Computer and computer equipment (greater then $250).

  • MaxLinear will require Distributor to carry a minimum Required Inventory (“RI”) level on a rolling basis as determined by the following formulas: RI = Current Month Demand (“CMD”).

  • The City will require the Vendor to maintain a Vendor Required Inventory of commonly used products as determined by the City and is shown in Attachment F.

  • Each Shipper shall supply its share of Required Inventory by types and volumes as determined from time to time by Carrier.


More Definitions of Required Inventory

Required Inventory means each Shipper’s proportionate share of the volume of Crude Petroleum, by grade, required by Carrier for line fill and working stock.
Required Inventory means the volume of Commodity required by Carrier for line fill, working stock and storage receptacle bottoms.
Required Inventory means Inventory in the Borrower's possession and not subject to any Liens (except Liens in favor of the Collateral Agent and other Liens permitted by Section 8.10) which shall have a minimum aggregate value, determined on a FIFO basis, at least equal to $350 million after deduction of all amounts secured by such other Liens; provided, that no Inventory subject to Liens in favor of the Merchandise Letter of Credit Bank, Liens created pursuant to the GE Credit Program Documents or Liens of the type described in Section 8.10(viii) shall have any value ascribed to it for purposes of calculating Required Inventory.
Required Inventory means Twenty Four Million dollars ($24,000,000). “Reviewing Party” has the meaning set forth in S ection 2.4(e).
Required Inventory means Inventory in the Borrower's possession and not subject to any Liens (except Liens in favor of the Agent and other Liens permitted by Section 6.1) (such Inventory hereafter being referred to as the "Qualifying Required Inventory") which shall have a minimum aggregate FIFO Value, at least equal to $325
Required Inventory means Twenty Four Million dollars ($24,000,000).
Required Inventory means items of Inventory (i) with respect to items for installation at a customer’s premises or for sale to customers, for a period of 45 days from the Closing Date and (ii) with respect to all other items, consistent with levels maintained by the Seller during the one-year period prior to the Closing.