Shrink. Consignee shall make an annual payment to Consignor at the most recent Agreed Cost per unit for any loss or damage to the Consignment Products that occurs while they are under Consignee’s control less any applicable discounts, allowances or other valid off set amounts, while such Consignment Products are in the care, custody, and control of Consignee upon signed settlement and reconciliation of account, which settlement and reconciliation to occur on an annual basis from the signed contract date, unless otherwise mutually agreed upon by the parties. Notwithstanding the foregoing, Consignee agrees to use commercially reasonable efforts to protect and preserve the Consignment Products that are in the care, custody or control of Consignee, wherever located.
Shrink. In order to account for shrinkage, the amount of coal that HLBE shall be entitled to remove from the Facility shall be reduced by a quantity equal to one percent (1%) of the total quantity of HLBE’s coal listed on the Shipping Documents for each unit train.
Shrink. What Shrink is applied to Your Accounting Stock?
Shrink. Inventory which has been lost, misplaced, stolen, or is otherwise unaccounted for. Shrink Reserve. From time to time and to the extent that Shrink was not deducted in determining Net Book Value, the Borrowers’ then current general ledger reserve for Shrink; provided that the determination of such current general ledger reserve is consistent with the methodologies used in the Borrowers’ most recent physical inventory summary results delivered to the Co-Collateral Agents on or about September 2009.
Shrink wrapped or similarly protected kits shall be used in all instances pertaining to (1) and (2) above.
Shrink. (a) GrainCorp will Shrink Your Accounting Stock at the following rates:
Shrink. (a) As of the last day of the Transition Period, the Seller shall (i) conduct a physical count of (A) the items of Inventory, including On Order Goods, and all items of women's costume jewelry products returned by customers that are physically located at the Seller's Taunton, Massachusetts warehouse (including, without limitation, those items of women's costume jewelry purchased by Buyer pursuant to Section 6.1(e)) and (B) all other items of women's costume jewelry that shall have been purchased by Buyer from vendors and delivered to the Taunton, Massachusetts warehouse that shall not have been shipped to customers during the Transition Period, and (ii) develop a list of such items by stock keeping unit (SKU). Such list shall also include those of the foregoing items that are located at a facility of a manufacturing, packaging or other subcontractor, import broker, or other third party facility. Seller shall categorize such items as Xxxx Xxxxx goods, AK II goods, Guess goods and Private Label Program goods. Buyer shall have the opportunity to be present at such physical count. Seller shall assign to each of the items on the list referred to in clause (ii) above a value equal to Swank's standard cost, Swank's manufactured cost or Swank's closeout cost (as each such term is defined in Schedule 1.4), as applicable, of such item and shall calculate an aggregate of Swank's standard cost, Swank's manufactured cost and Swank's closeout cost, as applicable, of all such items (the "Aggregate Physical Count Value"). Seller shall deliver to Buyer the list referred to in clause (ii) above within ten (10) business days after the end of the physical count.
Shrink. Retailer accepts responsibility for product loss of up to, but not in excess of, two percent (2%) of the aggregate wholesale value of the Retailer's segregated merchandise shipped to i.FILL, as calculated annually on or around January 1 of each year during the term of this Agreement.
Shrink
