Shrinkage Allowance definition

Shrinkage Allowance means the allowance for Shrinkage specified in Schedule A or such other allowance for Shrinkage as may be agreed between the Company and the Client from time to time.

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Shrinkage Allowance means the allowance for ▇▇▇▇▇▇▇▇▇ specified in Schedule A or such other allowance for Shrinkage as may be agreed between the Company and the Client from time to time.

Shrinkage Allowance has the meaning given in Clause 10.1

Examples of Shrinkage Allowance in a sentence

• If substantial changes occur that affect these conditions, BHB may add to, amend, modify or discontinue any of the terms or conditions of the Program at any time.

• The Shrinkage Allowance is subject to review after the reconciliation of the first annual physical inventory and annually thereafter.

• At the end of each Storage Year, RCR shall promptly pay RDC for any such shortage, loss or damage that is in excess of the Shrinkage Allowance; it being understood that under no circumstances will RCR be allowed to carry over any portion of the credit not used in any given Storage Year.

• Losses as determined between ▇▇▇▇▇▇ + NAGEL’s book inventory and the annual physical inventory in excess of the Shrinkage Allowance shall be limited to: (i) the direct manufacturing cost of the Product (excluding intercompany charges or profit) if manufactured by Customer; or (ii) the replacement cost of the Product if purchased from a third party vendor; in either instance less salvage value.

• Losses as determined between K▇▇▇▇▇ + NAGEL’s book inventory and the annual physical inventory in excess of the Shrinkage Allowance shall be limited to: (i) the direct manufacturing cost of the Product (excluding intercompany charges or profit) if manufactured by Customer; or (ii) the replacement cost of the Product if purchased from a third party vendor; in either instance less salvage value.

• The Shrinkage Allowance shall be deducted from the agreed receipts by RCR of anhydrous ammonia.

• Compensation Schedule and Damage and Shrinkage Allowance Exhibit D........................................

• Charge Type Wheat Barley Oilseeds Maize Pulses Shrinkage Allowance 0.70% 0.70% 0.75% 0.75% 1.00% Charge Type (per tonne) Wheat Barley Oilseeds Maize2 Pulses Sorghum Receival $12.30 $13.00 $14.45 $14.45 $15.50 $11.00 Outturn $2.10 $2.10 $2.10 $2.10 $2.10 $2.10 Storage (per month)1From 1 Feb 2017 to30 Sept 2017 $1.65 $1.65 $1.75 $1.75 $1.75 $1.65 Storage (per month) Prior seasons $2.95 $2.95 $3.50 $3.50 $3.50 $2.95 1.

More Definitions of Shrinkage Allowance

Shrinkage Allowance means the allowance for loss in weight of Stored Grain that occurs during the storage, handling and transport process. Storage and Handling Fees means those storage and handling fees as are set out in the terms of this Agreement.

Shrinkage Allowance. An allowance of .25% of annual throughput of Product (Product received and shipped divided by 2).

Shrinkage Allowance means a dollar amount equal to [**]% of Throughput. The Parties have agreed to a Shrinkage Allowance because both Parties recognize that it is inevitable that a certain amount of Goods will be lost or damaged in the course of storage and handling whether the Goods are stored by SCS or by the Customer at its own locations using its own employees.

Shrinkage Allowance means the Product value allowance CLIENT will give OHL to offset claims or damages which may occur as a result of OHL provided Warehouse Services as defined in this Agreement.

Shrinkage Allowance is applicable to Lost Products (except to the extent such Lost Products are controlled substances which will have no Shrinkage Allowance applied; provided however that Lost Products which are controlled substances will be subject to the limitation of liability listed in Section 4.2.3) and Damaged Products from all Facilities and shall mean ***of Throughput as of the Determination Date. The Parties have agreed to a Shrinkage Allowance because both Parties recognize that it is inevitable that a certain amount of Goods will be lost or damaged in the course of storage and handling whether the Goods are stored by SCS or by the Customer at its own locations using its own employees.