Target Inventory Level definition

Target Inventory Level means, with respect to an Inventory Category, the quantity for such category set forth in Schedule A hereto.
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Target Inventory Level has the meaning specified in Section 8.3.
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Target Inventory Level means, with respect to any date, such
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Examples of Target Inventory Level in a sentence

  • At the end of each month, for the Crude Oil Product Group and each other Product Group in respect of each Refinery, Citi shall calculate the Actual Month End Crude Volume and Actual Month End Product Volume, respectively, minus the Target Inventory Level at the end of each month to determine if there is any target deviation (a “Monthly Target Deviation”).

  • With respect to any Delivery Date, for Crude Oil and each Product Group in respect of each Refinery, Citi shall calculate the difference between (i) aggregate Daily Volumes described on the daily inventory report (in accordance with Section 7.1) for such Delivery Date and (ii) the Target Inventory Level for such Delivery Date, to determine if there is any target deviation (a “Daily Target Deviation”).


More Definitions of Target Inventory Level

Target Inventory Level means, with respect to any date, such ---------------------- level of inventory of the Product, expressed in months of supply by Product presentation, as is determined by the Inventory Guidelines with reference to the latest Product forecast delivered by GW to IGI pursuant to Section 1.3 hereof.
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Target Inventory Level. With respect to each Equipment Class, the quantity of Inventoried Spares that Grid Assurance will seek to maintain in inventory based on the Sparing Protocols, as such quantity may be determined and/or revised from time to time in accordance with such Sparing Protocols.
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Target Inventory Level means the quantity set forth in Exhibit H for each Regular Product, as such exhibit is amended by the parties from time to time.
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