Stock Taking Sample Clauses
Stock Taking. (i) Representatives of the Seller and the Buyer shall cooperate to conduct a physical stock-take of the Inventory and the fixed assets (the "STOCK-TAKE") and the Seller shall cause PWC to confirm in writing (A) that PWC observed the Stock-take; (B) the Stock-take was conducted in a reasonable manner; and (C) that PWC conducted spot checks to confirm the accuracy of the Stock-take and the Seller shall deliver a copy of such written confirmation to the Buyer. The costs of the Stock-take and PWC's confirmation shall be borne by the Seller. Section 1(a) of the Disclosure Schedule shall be amended to reflect the results of the Stock-take; and
(ii) The Seller shall promptly notify the Buyer not less than every 15 days, of all changes in the Inventory and fixed assets, following completion of the Stock-take through the Closing Date.
Stock Taking. 12.1 Ability to generate stock taking sheets from the M system
12.2 Ability to generate stock adjustments based on M results of the stock take
12.3 Ability to report adjustments made as a result of M stock takes
12.4 Ability to carry stock take by category of items to M provide flexibility to carry stock takes for different items different times
12.5 Ability to perform a re-count if the stock M difference is beyond pre-defined limits
12.6 Ability to identify type of physical count M adjustments as;
a) Shortage/Excess
b) Damaged( with %age damage)
c) Non usable items( scrap) etc.
12.7 Ability to define the cycle count frequency per M item, e.g. Quarterly, Bi-annual, Annually
12.8 Ability to freeze normal inventory transaction M during physical stock take
12.9 The system should post the stock adjustment only M after approval in system
Stock Taking. 2 I .........
Stock Taking. For the purpose of determination of the movable fixed assets and the stocks included in the Business Assets, the Business Sellers and the Buyer shall, in co-operation and together with the Buyer's Auditors and the Sellers' Auditors, undertake a stock-taking of certain parts of the stocks on such date(s) preceding the Completion Date as mutually agreed between the Parties, in respect of which a report shall be prepared and signed by representatives of the Business Sellers and the Buyer. This report shall contain information, inter alia, about the possible obsolescence of the stocks, if any. The agreed upon findings made at the stock-taking shall be reflected in the Completion Statement to be prepared pursuant to Section 4.
Stock Taking. (a) As soon as practicable after the Effective Date, ▇▇▇ shall conduct a count at those principal locations of the Current Distributor at which the Initial Inventory is located (as specified in Schedule 7 to this Agreement) to determine the quantities of Initial Inventory outstanding at such locations as of the Effective Date that are neither damaged or Short Dated. Pharmion and one or more of its agents or representatives shall have the right to observe the count and determination of the Initial Inventory. Based upon such count and the Price Per ▇▇▇▇, ▇▇▇ shall prepare and deliver a statement of Initial Inventory Value (the "Statement of Inventory Value")
Stock Taking. 19:01 When stock taking is required, the employer will select employees to work based on seniority, except that employees, based on seniority, may take a leave of absence without pay to a maximum of 15% of the number of employees actually working at the time provided the number of employees actually working is not less than sixty (60), in which case no leave of absence will be granted. This provision applies only for stock taking. Article 9 has no application to this Article 19:01.
Stock Taking. Strikes and Lockouts 8 ......................