Stocktaking Clause Samples

Stocktaking. 6.1. Commencing on the day prior to the effective date, and continuing until completion thereof, representatives of the seller and the purchaser shall conduct a physical count and jointly prepare detailed stock sheets of: 6.1.1. the petrol, diesel and oil stock; 6.1.2. the shop stock; 6.1.3. the cash floats,

Stocktaking. 6.1. Commencing on the day prior to the effective date, and continuing until completion thereof, representatives of the seller and the purchaser shall conduct a physical count and jointly prepare detailed stock sheets of: 6.1.1. the Wimpy stock; and 6.1.2. the cash floats, as at the effective date. 6.2. In conducting the physical count of the stock as aforesaid and determining the value of the stock: 6.2.1. the representatives of the parties shall distinguish between current stock, obsolete stock and items of stock which are damaged or defective; 6.2.2. the Wimpy stock shall be valued at the lower of cost or net realisable value; 6.2.3. the cash floats shall be valued at their face value. 6.3. If the seller and the purchaser are unable to agree any matters requiring agreement pursuant to this clause 6, the dispute shall be submitted for determination to an independent third party agreed to by the parties (or failing agreement, nominated by Engen), who shall: 6.3.1. act as an expert and not as an arbitrator; 6.3.2. hear the matter informally at the premises; 6.3.3. give a ruling immediately; 6.3.4. not be bound by any rules or procedure or evidence, and whose decision shall be final and binding on the parties.

Stocktaking. The Contractor shall conduct the following annual stocktaking programme for Residual Assets held for over 12 months: STOCK BAND From To Contract Check £0.00 £500.00 £2000.00 £5000.00 £10000.00 £499.99 £1999.99 £4999.99 £9999.99 Over 0.00% 10% 25% 50% 75% NOTE: Value is that shown on the original MoD Issue Voucher, or as provided by the Authority.

Stocktaking. The Contractor shall conduct the following annual stocktaking programme for items held over 12 months:

Stocktaking. For the taking of the semi-annual inventory, every regular employee shall be expected to work beyond his or her regular schedule. On such semi-annual stocktaking days the Company may arrange special schedules to meet service requirements. All hours worked by an employee over the number of hours in the regular full-time schedule will be paid for at the rate of time and one-half (1 1/2). An inventory allowance of five dollars ($5.00) shall be added to the compensation of any employee if he or she is assigned to work after 6:00 P.M. on semi-annual inventory as above set forth. Inventory night may be the second regularly scheduled night in the workweek and all employees are required to work until completion of inventory.

Stocktaking. 5.1. The parties shall cause the stock to be taken in accordance with the following provisions - 5.1.1. the stocktaking shall take place during the course of the 48 (forty eight) hours prior to the effective date, that being 31 January 2000; 5.1.2. each of the parties' auditors shall be present or represented at the stocktaking; 5.1.3. after the stocktaking has been completed, schedules reflecting the stocktaking shall be prepared and initialled by the parties; 5.1.4. the stock reflected in the schedules referred to in clause 5.1.3 shall be valued - 5.1.4.1. in the case of undamaged finished stock which is not slow moving, at the lower of the cost thereof to the seller and net realisable value; 5.1.4.2. in the case of undamaged work in progress which is not slow moving, at the cost thereof to the seller; 5.1.4.3. in the case of slow moving finished stock and slow moving work in progress, at a discount of 20% (twenty per cent) on the nett realisable value; 5.1.4.4. in the case of undamaged raw materials, at the cost thereof to the seller. 5.2. For the purpose of this clause -

Stocktaking. 1. The Executive Secretary made contact with the Belgian Permanent Correspondent and held a working session in Brussels on 8 February 2005 on the state of progress in the work conducted by the Higher Institute of Emergency Planning (ISPU). The discussions with Ms ▇▇▇▇▇▇▇ Bernaerts and ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ Heuverswyn brought out the following points: • With an eye to the meeting of centre directors and Permanent Correspondents (7-9 ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇): o preparation of an addendum to the volume published in November 2003 on the study [AP/CAT (2003) 39], comprising an introduction and a comparative summary. This will complete the exercise and make it more easily exploitable; o completion, after verification in the countries concerned, of the four monographs on “inter-departmental major risk management” (Bulgaria, France, Russia and Belgium). • The work of the ISPU in 2005 should comprise the following stages: o An initial trial phase designed to identify good practices suited to circulation in all member countries of the Agreement. On this occasion, consideration should be given to the optimum means of disseminating these good practices, eg in the form of a compendium of targeted thematic files or data sheets; o Seminar on inter-departmental major risk management. Such an event might facilitate setting up a network of partners within the Agreement in order to capitalise on the ISPU’s achievements. Special co-operation should be considered with Morocco and other countries that backed the idea of an international legal instrument at the Kobe Conference in January 2005; o An inventory of existing databases dealing with the fields in question. This investigation would herald proposals on the possible setting up of an overall data exchange system based on the ISPU’s analysis of national legislations. o Possible launch of an additional sectoral thematic project on the treatment of systemic risks in 26 different countries. 2. On 8 and 9 March 2005, and also at their subsequent meeting for preparing a future ministerial session, the member countries of the Agreement could discuss the Agreement’s objectives over the next few years, exploiting its investments in terms of the comparative analysis of legislation. The following points should be borne in mind here: • The Council of Europe has a specific role to play in the fields of activity which remain under the jurisdiction of the individual States, by virtue, for instance, of the European Union Constitution. The Council of ...

Stocktaking. The Contractor shall conduct the following annual stocktaking programme for Residual Assets held for over 12 months: STOCK BAND From To Contract Check NOTE: Value is that shown on the original MoD Issue Voucher, or as provided by the Authority.

Stocktaking. 6.1. Commencing on the day prior to the effective date, and continuing until completion thereof, representatives of the seller and the purchaser shall conduct a physical count and jointly prepare detailed stock sheets of: 6.1.1. the petrol, diesel and oil stock; 6.1.2. the shop stock; 6.1.3. the Wimpy stock; and 6.1.4. the cash floats, as at the effective date. 6.2. In conducting the physical count of the stock as aforesaid and determining the value of the stock: 6.2.1. the representatives of the parties shall distinguish between current stock, obsolete stock and items of stock which are damaged or defective; 6.2.2. the petrol, diesel and oil stock shall be valued at the cost thereof; 6.2.3. the shop stock and the Wimpy stock shall be valued at the lower of cost or net realisable value; 6.2.4. the cash floats shall be valued at their face value. 6.3. If the seller and the purchaser are unable to agree any matters requiring agreement pursuant to this clause 6, the dispute shall be submitted for determination to an independent third party agreed to by the parties (or failing agreement, nominated by Engen), who shall: 6.3.1. act as an expert and not as an arbitrator; 6.3.2. hear the matter informally at the premises; 6.3.3. give a ruling immediately; 6.3.4. not be bound by any rules or procedure or evidence, and whose decision shall be final and binding on the parties.