Shrinkage definition

Shrinkage means that quantity of Client Grain, which is lost in:

Shrinkage means the allowance for loss in weight of Grain that occurs during the storage and handling and transport process.

Shrinkage means that the volume of Milk delivered to us is less than the volume of Milk collected at the Dairy from you (for example through minor spillages during collection or delivery or through the inability to completely drain milk from a tanker). Specifications means the specifications set out in Schedule 3, which you will meet in accordance with the provisions of Schedule 3. Supply means the supply of Milk pursuant to this agreement. Tax Invoice has the meaning given to it in the GST Act. Taxes means taxes, levies, imposts, charges and duties (including stamp and transaction duties) imposed by any authority together with any related interest, penalties, fines and expenses in connection with them except if imposed on, or calculated having regard to, our net income.

Examples of Shrinkage in a sentence

• The contractor shall make good at his own cost and to the satisfaction of employer all defects, Shrinkage, settlements or other faults, which may appear within 12 months after completion of work.

• Pipeline shall not be obligated to, but may at its discretion, receive at any Point of Receipt on any day a quantity of gas in excess of the applicable Maximum Daily Receipt Obligation (MDRO), plus Applicable Shrinkage, but shall not receive in the aggregate at all Points of Receipt on any day a quantity of gas in excess of the applicable MDQ, plus Applicable Shrinkage.

• Shrinkage in excess of the amounts provided in paragraphs (b)(1) and (2) of this section shall be assigned to existing utilization in series starting with Class I.

• Shrinkage in excess of the amounts provided in paragraphs (b)(1) and (2) of this section shall be assigned to existing utilization in series start- ing with Class I.

• In this Section E references to Users exclude DNO Users other than a DNO User in its capacity as an LDZ Shrinkage Provider.

More Definitions of Shrinkage

Shrinkage means the allowance for loss in weight of Bulk Wheat that occurs during the storage and handling and transport process.

Shrinkage means losses that occur as a result of theft, loss or accounting error, after goods are delivered by a grocery goods undertaking to a retailer’s premises;

Shrinkage means Natural Gas used as described in Section D paragraph 4.3.1 of the IUK Access Code;

Shrinkage means the thermal reduction in the Gas which results from Facilities fuel gas consumption and the extraction of Plant Products.

Shrinkage means the reduced value due to contamination of empty beverage containers by dirt, moisture, or other foreign substances.

Shrinkage means the allowance for loss in weight of Grain that occurs during the storage and handling and transport process as specified in clause 6.6.

Shrinkage means the Thermal Content reduction of the Gas as a result of the extraction of NGLs therefrom as calculated in accordance with the Operating Terms.