Framework Stock Level definition

Framework Stock Level means an equivalent of [8 weeks'] anticipated stock for that Good for that Supplier Lot, in addition to the anticipated stock necessary to fulfil Orders, which must be held within the United Kingdom, which is to be calculated as follows (or as otherwise notified in writing by the Authority). The applicable Contract Stock Level for each calendar month shall be determined on the last Working Day of the previous calendar month and shall be calculated by reference to the quantity of the Goods supplied by the Supplier to Participating Authorities pursuant to this Framework Agreement during the eight (8) weeks immediately prior to the commencement of the relevant calendar month.
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Framework Stock Level means an equivalent of eight (8) weeks anticipated stock for that Good for that Supplier Lot, in addition to the anticipated stock necessary to fulfil Orders, which must be held within the United Kingdom, which is to be calculated as follows (or as otherwise notified in writing by the Authority) –
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Framework Stock Level shall be as set out in the Award Schedule for the relevant Good(s)
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More Definitions of Framework Stock Level

Framework Stock Level shall be as set out in the Award Schedule for the relevant Good(s) based on an equivalent of 8 weeks anticipated stock for that Good for that Supplier Lot based on average sales under this Framework Agreement.
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Related to Framework Stock Level

  • TSR means total shareholder return.

  • EPS means earnings per share.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): income or profit, including but not limited to basic, diluted, or adjusted earnings per share, earnings before interest, taxes, and/or other adjustments (in total or on a per share basis), basic or adjusted net income, gross margin, or similar income or profit measure; returns on equity, assets, capital, revenue or similar return measure; economic profit, economic value added, or similar measure of residual income; revenues or sales; working capital; cash usage; total stockholder return; and costs, product development, technology development, market share, research, securement of intellectual property rights, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.