Annual Inventory definition

Annual Inventory means the cumulative annual inventory to be furnished to the Authority and the Trustee on September 1 of each year by the Owner of any Additions having an individual, and not aggregate, acquisition cost in excess of $10,000 and any Removed Property removed (including the disposition thereof) and Substituted Property acquired.
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Examples of Annual Inventory in a sentence

  • Supplier, at its expense, may have a representative observe the taking of the Annual Inventory.

  • Vacations will not be permitted during the Annual Inventory period except under extenuating circumstances.

  • The initial Annual Inventory Report must be submitted with your final report and annually thereafter.

  • Ensure LEAs enrolled in the LESO Program update the LEAs account information annually (accomplished during the FY Annual Inventory in the Federal Excess Property Management Information System [FEPMIS]).

  • Annual Inventory shall also be submitted in original duly signed besides submitting through e-mail.

  • Medtronic will maintain, for a period of three (3) years following each invoice submitted to UT for Annual Inventory Fees, Program Support Fees and Patient Management Fees, true and accurate records supporting the relevant fees charged to UT under this Agreement.

  • Grant Recipient¶s Project Manager or Fiscal Officer shall provide to the Department an Annual Inventory of Non-Expendable Personal Property detailing the items¶ location and condition on the form prescribed by the Department.

  • Annual Inventory A physical inventory of accountable government property must be conducted by September 30th and submitted by October 31st of each year.

  • In the event that the Annual Inventory shows shrinkage in Merchandise in excess of two and seven-tenths percent (2.7%) of annual Net Sales ("Allowable Shrink"), Filene's will pay to Supplier 50% of the retail value (as listed in Supplier's inventory retail stock ledger) of that shrinkage amount which exceeds the Allowable Shrink (less any insurance proceeds payable to Supplier with respect to such loss) within thirty (30) days of the date of the Annual Inventory.

  • At the time of each Annual Inventory (as defined below), Filene's, at Supplier's expense, shall arrange for having an inventory to be taken of Supplier's Merchandise at the same time of Filene's scheduled year-end physical inventory (the "Annual Inventory").