Warehouse Management Clause Samples
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Warehouse Management. As of the Effective Date the following shall apply to the Warehouse Mortgage Loans closed prior to the Closing Date but not delivered to an investor:
Warehouse Management. 1.4.6.1 Except as otherwise agreed to, existing storage requirements will be adhered to by ▇▇▇▇▇▇.
1.4.6.2 Should ▇▇▇▇▇▇ redefine storage requirements, ▇▇▇▇▇▇ and Allegiance will mutually agree upon a new fee for service rate.
Warehouse Management. (1) The Barrel Inventory shall be stored and Aged at the Warehouses. The Warehouses will be maintained in accordance with reasonable operating parameters and procedures consistent with Industry Standards.
(2) The Distiller or its Affiliate shall exercise the degree of care that a reasonable and prudent warehouseperson would exercise to protect its own goods. The Distiller or its Affiliate shall maintain the Warehouses in a sound, clean condition and take all reasonable steps in accordance with Industry Standards to keep them free of rodents, birds and other conditions which may adversely affect the condition of the Barrel Inventory.
(3) The monthly Service Fees and other charges for Barrels stored hereunder will be based on the number of Barrels stored in the applicable Warehouse at the end of each month during the Term during which such Barrels were stored.
(4) Provided that Purchaser has satisfied all of its accrued obligations to Distiller or its Affiliate, the Purchaser may, upon ten Business Days’ written notice to the Distiller or its Affiliate and the tender of the applicable removal fee, remove from the applicable Warehouse its Barrels and relocate them to any other storage facility designated by the Purchaser.
Warehouse Management. Warehouses play key role in the supply chains by defining to a great extend the success of businesses (the company’s competitiveness) in terms of cost levels and customer service. Despite the high expenses, which come by carrying inventories, warehouses function as a buffer between the variability of supply and demand, which makes them necessary element in the contemporary supply chains. The high expenses provoke the challenge for achieving low cost warehousing with a high level of customer satisfaction at the same time. However, under the influence of factors like e-commerce, supply-chain collaboration, globalization, and new management techniques such as JIT and Lean production, successful warehousing is heading towards tighter inventory control, shorter response time and a greater variety (▇▇▇▇▇▇▇▇ 2002; Gu, Goetschalckx, and ▇▇▇▇▇▇▇▇ 2007).
Warehouse Management. 1.6.2.1 Allegiance will be responsible for the management of its replenishment centers and distribution centers.
1.6.2.2 Allegiance will hold ▇▇▇▇▇▇ inventory in Allegiance's replenishment center or its distribution centers.
1.6.2.3 Except as otherwise agreed, Allegiance will adhere to existing storage, shipping and receiving practices, including practices regarding time-sensitive Products.
1.6.2.4 Allegiance will measure and report to ▇▇▇▇▇▇ on a monthly basis Product damage or loss that occurs at Allegiance facilities. Allegiance shall compensate ▇▇▇▇▇▇ pursuant to Section 6.18 of this Agreement for any damage or loss that is Allegiance's responsibility under this Agreement.
1.6.2.5 Allegiance will measure and report to ▇▇▇▇▇▇ on a monthly basis Product damage that occurs prior to arrival at Allegiance's distribution centers or its replenishment center.
Warehouse Management. 4.1.1 Baxter will be responsible for the management of all Baxter facilities.
4.1.2 Except as otherwise agreed, Baxter will adhere to existing receiving, storage, and shipping practices including such practices applicable to time-/ temperature-sensitive Products.
Warehouse Management. Mid-size aggregators lack technical know-how on warehouse management; they do not follow SOPs which affects quality and safety and leads to spoilage;
Warehouse Management. 4.1.1 ▇▇▇▇▇▇ will be responsible for the management of all ▇▇▇▇▇▇ facilities.
4.1.2 Except as otherwise agreed, ▇▇▇▇▇▇ will adhere to existing receiving, storage, and shipping practices including such practices applicable to time-/ temperature-sensitive Products.
Warehouse Management. 1.5.3.1 Allegiance will be responsible for the management of all Allegiance facilities.
1.5.3.2 Allegiance will measure and report to ▇▇▇▇▇▇ on a monthly basis Product damage or loss that occurs subsequent to arrival at Allegiance distribution centers and prior to shipment to customers. If any Products purchased by Allegiance under the Distributor Model or Kit Model are damaged, lost or stolen while in an Allegiance replenishment center or distribution center, (1) ▇▇▇▇▇▇ will issue a credit memo to Allegiance for such damaged, lost or stolen Products at ▇▇▇▇▇▇'▇ applicable Distributor List Price, and (2) ▇▇▇▇▇▇ will invoice Allegiance monthly for such damaged, lost or stolen Products (but not carton failure) at its applicable standard cost as stated in ▇▇▇▇▇▇'▇ inventory valuation reports.
1.5.3.3 Allegiance shall have the right to any amounts recovered with respect to freight claims for Products shipped from Allegiance facilities to customers under the Distributor Model.
1.5.3.4 Should ▇▇▇▇▇▇ redefine storage requirements, Allegiance and ▇▇▇▇▇▇ will mutually agree upon a new fee for service rate.
1.5.3.5 Except as otherwise agreed to, Allegiance will adhere to existing storage, shipping and receiving practices, including practices regarding time-sensitive Products.
1.5.3.6 Both parties agree that the echeloning of products based on line item usage generally makes sense. Assuming there are no significant customer contractual issues or financial impacts to ▇▇▇▇▇▇, ▇▇▇▇▇▇ agrees to the parameters set forth by the rationalized supply chain. If after the appropriate review there are significant customer contractual issues or financial impacts to ▇▇▇▇▇▇, 1995 will be used as the baseline for where products are stocked and the number of low velocity SKU's will not exceed 1995 levels.
1.5.3.7 Allegiance will measure and report to ▇▇▇▇▇▇ on a monthly basis Product damage that occurs prior to arrival at Allegiance distribution centers or its replenishment centers.
