Minimum Inventory Level definition

Minimum Inventory Level means, at any time of calculation, Eligible Inventory, the Cost of which net of Inventory Reserves, multiplied by the Appraised Value of Eligible Inventory is at least equal to two times the then Aggregate Commitments.
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Minimum Inventory Level and “Maximum Inventory Level” mean the calculated range of Available Inventory specified by Motorola as desired to support production without risk of a Stock Out, and without risk of inflating the inventory. The Minimum Inventory Level and Maximum Inventory Level are recalculated by Motorola and communicated to Supplier at least once per week based on average Gross Demand.
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Minimum Inventory Level means the U.S. Dollar value of Vendor’s inventory, at cost, calculated based on a rolling 8-week average as of August 8, 2023, subject to a 10% variance, unless otherwise agreed to by Purchaser;
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Examples of Minimum Inventory Level 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.

  • 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.

  • 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").

  • The Minimum Inventory Level and Maximum Inventory Levels in each Requirements Report may be adjusted by Motorola, without liability to Supplier, subject to Section 6 and Sections 12 through 15 hereof.

  • In the event that Mentor's audit or any SiTech Quarterly report shall reveal that SiTech has not maintained the Minimum Inventory Level for each necessary raw material, Mentor may, at its sole option, purchase a three (3) month supply of any such raw material and store such raw material at SiTech's facility.

  • In the event that ▇▇▇▇▇▇'s audit or any SiTech Quarterly report shall reveal that SiTech has not maintained the Minimum Inventory Level for each necessary raw material, Mentor may, at its sole option, purchase a three (3) month supply of any such raw material and store such raw material at SiTech's facility.

  • Supplier shall maintain an inventory of raw materials and finished goods sufficient to assure that at all times during the term of this Agreement Supplier can ship and deliver to Mentor within thirty (30) days a three (3) month supply of the Materials to be purchased by Mentor pursuant to the terms of this Agreement after taking into account shipments made during the preceding thirty (30) days (the "Minimum Inventory Level").

  • However, in ordinary business course, Distributor shall at all times hold stocks of the Products not lower than the Minimum Inventory Level in case of out of stock.

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

  • During each month of the Term, DoubleClick may request inventory in any amount, including an amount over and above the Minimum Inventory Level for that month; provided, however, Company shall only be obligated to provide inventory up to the Minimum Inventory Level for that month.


More Definitions of Minimum Inventory Level

Minimum Inventory Level means [***] in the FLNG Facility.
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Minimum Inventory Level means the minimum quantity of the Products to be held by Distributor, which can be calculated by multiplying ninety (90) days by the average daily selling quantity for the preceding 12 months.
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Minimum Inventory Level means the minimum number of days of inventory of the API to be held by the Licensee, which is, on average, six (6) months of Iinventory.
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Related to Minimum Inventory Level

  • Minimum Level (ML) means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period.

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • Maximum Index Level means, in respect of a series of bear CBBCs, the highest Spot Level of the Index during the MCE Valuation Period;