Common use of Assessment Calculation Clause in Contracts

Assessment Calculation. This portion of the Packaged Product Movement Summary calculates the Total Deductions Subject to LDB ▇▇▇▇-up. If the amount is positive, you owe the LDB ▇▇▇▇-up because your non- sale inventory deductions exceed the LDB shrinkage allowance. The LDB will invoice you to recover the ▇▇▇▇-up value based on the LDB Established Retail Price of the excess volume of the unaccounted movement of inventory. INFORMATION ONLY With the submission of your Packaged Product Movement Summary report, you must provide the LDB a listing of all the Warehouses located in British Columbia where you stored any of your Product as at March 31.

Assessment Calculation. This portion of the Packaged Product Movement Summary calculates the Total Deductions Subject to LDB ▇▇▇▇-up. If the amount is positive, you owe the LDB ▇▇▇▇-up because your non- sale inventory deductions exceed the LDB shrinkage allowance. The LDB will invoice you to recover the ▇▇▇▇-up value based on the LDB Established Retail Price of the excess volume of the unaccounted movement of inventory. INFORMATION ONLY With the submission of your Packaged Product Movement Summary report, you must provide the LDB a listing of all the Warehouses located in British Columbia where you stored any of your Product Products as at March 31.