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 has the meaning given in Clause 10.1
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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.
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Examples of Shrinkage Allowance in a sentence

  • Distribution ShrinkageFor transportation on PG&E’s Distribution System, an additional In-Kind Shrinkage Allowance shall apply, which is separate from backbone transmission and storage shrinkage.

  • After this base rates are expecting to fall as low as 1.00% in Quarter 3 of 2009 and to remain at this level until the end of 2010.

  • Metered Usage x (1 + y) / (1 - x) Where: x = decimal equivalent of the Backbone Shrinkage percentage, andy=decimal equivalent of the Distribution Shrinkage percentage * Noncore Transmission Level End-Use Customers or Agents require no Distribution System In-Kind Shrinkage Allowance.

  • Comparison to Other Dune SystemsIn terms of plant diversity and species composition, the Mohawk Dunes, as ex- pected, show the greatest affinity to other inland dune systems within the Sonoran Desert.

  • Thus, the quantity to be nominated at the Receipt Point equals the quantity desired at the Delivery Point divided by (1 - x) where x is the decimal equivalent of the Backbone Transmission System In-Kind Shrinkage Allowance percentage, based on the transmission path utilized as follows: Path Pacific Gas and Electric CompanySan Francisco, CaliforniaU 39Revised Cal.

  • LDB Shrinkage Allowance Calculation The shrinkage allowance takes into account an acceptable volume of Product that may be consumed or written-off in BC due to normal manufacturing and warehousing activities.

  • Table 6 - Shrinkage Allowance Revenue Adjustment(SHRt)Purpose and Use by OFGEMThe purpose of this table is to clearly layout the workings for the calculation of the shrinkage allowance revenue adjustment.

  • The bill will show the quantities of gas adjusted for In-Kind Shrinkage Allowance, delivered to PG&E for the Customer’s account at each Delivery Point for the billing month.

  • Metered Quantity=Usagex(1 + y)/ (1 - x) Where: x = decimal equivalent of the BackboneShrinkage percentage, and y = decimal equivalent of the Distribution Shrinkage percentage * Noncore Transmission Level End-Use Customers or Agents require no Distribution System In-Kind Shrinkage Allowance.

  • Storage ShrinkageAn In-Kind Shrinkage Allowance is applicable to all injection storage quantities under rate Schedules G-CFS, G-SFS, G-NFS, and G-NAS, in addition to any applicable transmission and distribution shrinkage.Customers shall deliver to PG&E’s storage system an additional in-kind quantity of natural gas equal to the Shrinkage Allowance percentage of the total volume of their storage injection volume.


More Definitions of Shrinkage Allowance

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

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Rent Expense means for any fiscal period, the total amount of rents and other charges payable during such period by the Credit Parties and their respective Subsidiaries under all Real Estate Leases to which they are a lessee, all as determined on a consolidated basis in accordance with GAAP.

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant. Contextual Note: Unless the context clearly indicates otherwise, an above definition for a singular term shall also apply (where appropriate) to the plural form of such term and vice versa to the extent necessary for giving the proper meanings to the terms defined in this Article II and/or terms otherwise used in this Agreement.

  • PHARMACY ALLOWANCE means the lower of: • the amount the pharmacy charges for the prescription drug; • the amount we or our PBM have negotiated with a network pharmacy; or • the maximum amount we pay any pharmacy for that prescription drug.

  • Water Year means the period commencing with October 1 of 1 year 20 and extending through September 30 of the next; and

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Consolidated Rent Expense means, for any period, the total rent expense with respect to real and personal property of the Borrower for such period, as determined on a Consolidated basis and as reported in its financial statements.

  • Salvage Yard means any non-residential property used for the storage, collection, and/or recycling of any type of equipment, and including but not limited to vehicles, appliances and related machinery.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Class Licence Allowance Gross All-Purpose Wage "A" Class Licence per week per hour 1 954.35 70.70 1,025.05 28.4736 2 998.40 70.70 1,069.10 29.6972 3 1,042.50 70.70 1,113.20 30.9222 4 1,086.55 70.70 1,157.25 32.1458 5 1,130.65 70.70 34.00 1,235.35 34.3153 50.60 1,285.95 35.7210 6 1,174.75 70.70 34.00 1,279.45 35.5403 50.60 1,330.05 36.9460 7 1,262.90 70.70 34.00 1,367.60 37.9889 50.60 1,418.20 39.3946 8 1,351.05 70.70 34.00 1,455.75 40.4375 50.60 1,506.35 41.8432 9 1,395.10 70.70 34.00 1,499.80 41.6611 50.60 1,550.40 43.0668 10 1,527.35 70.70 34.00 1,632.05 45.3347 50.60 1,682.65 46.7404 Rates of Pay from 1st October 2010

  • subsistence allowance means an allowance which an employment zone contractor has agreed to pay to a person who is participating in an employment zone programme;

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Basic living expenses means the cost of basic food, shelter, and any other expenses of a Domestic Partner which are paid at least in part by a program or benefit for which the partner qualified because of the Domestic Partnership. The individuals need not contribute equally or jointly to the cost of these expenses as long as they agree that both are responsible for the cost.