Minimum Stock Level definition

Minimum Stock Level a coefficient, expressed as a percentage of between 0 and 100 inclusive, enabling the calculation of the Customer's Minimum Stock for one Day. The Minimum Stock Level is used to take into account the physical constraints of the Stock's maximum annual breathing. This quantity is specified in Appendix B "Physical Features of the Storage Facility".
Minimum Stock Level means the minimum levels of stock of the Contracted Items as set out in the Schedule, which may be revised by agreement in writing signed by both parties;

Examples of Minimum Stock Level in a sentence

  • Should Buyer pull more than the Hub Forecast amount, Supplier will have [**] to restock the Hub to the Minimum Stock Level.

  • The Minimum Stock Level will include the balance of the material physically in the hub location available for immediate sale (“On-Hand Balance”) plus the material en route to the hub location scheduled for arrival within the transit lead time for that hub (“In-Transit Balance”).

  • Upon termination of this agreement for any reason Gehis shall purchase all of the Contracted Items held in stock by Copydata at the date of termination at the then current prices, which shall include any stock in excess of the Minimum Stock Level which has been purchased by Copydata under clause 2.1.2.

  • Should Buyer pull more than the Hub Forecast amount, Supplier will have [**]weeks to restock the Hub to the Minimum Stock Level.

  • The Minimum Stock Level will include the balance of the material physically in the hub location available for immediate sale (“On-Hand Balance”) plus the material en route to the hub location scheduled for arrival within the transit lead time for that hub (”In-Transit Balance”).

  • The Minimum Stock Level will include the balance of the Hub Product physically in the Hub location available for immediate sale (“On-Hand Balance”) plus the Hub Product en route to the hub location scheduled for arrival within the transit lead time for that Hub (“In-Transit Balance”).

  • Should Buyer pull more than the Hub Forecast amount, Supplier will have [**] weeks to restock the Hub to the Minimum Stock Level.

Related to Minimum Stock 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.

  • Share Level means the level of the Share as determined by the Determination Agent by reference to the level of the Share published by the Exchange.

  • Final Share Level means the Share Level at the Valuation Time on the Valuation Date.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Base Level means the following amounts plus the percentage