Annual Inventory Sample Clauses
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Annual Inventory. During the Initial Term (as defined in Section 9), and for each succeeding twelve (12) month period thereafter, TDC shall complete a cycle count of one hundred percent (100%) of MANUFACTURER's inventory. Any inventory discrepancies discovered shall be investigated on the day the discrepancy is noted. In addition to ongoing cycle counting, during the Term and each succeeding twelve (12) month period thereafter, TDC's operations shall be suspended for a maximum of one and one-half working days for an annual statistical sample inventory. The parties shall negotiate in good faith the parameters of the annual statistical sample inventory at least thirty (30) days prior to commencement of the sample inventory. TDC shall provide sufficient resources for the annual statistical sample inventory. The cost of the annual statistical sample inventory, excluding MANUFACTURER's direct resource costs, is included within the Base Fees. Prior to a full physical inventory, if one is necessary, the parties shall agree upon a plan to combine resources to ensure that the shutdown period does not exceed two (2) working days. MANUFACTURER shall provide resources, including human resources, as required for reconciling a physical count, if any, to the perpetual inventory records. A full physical inventory, if necessary, may require additional downtime. The cost of a full physical inventory is not included in the Base Fees.
Annual Inventory. 15.01 Departmental Seniority will prevail providing the employee has the necessary qualifications and is immediately able to satisfactorily perform the work required. Employees will work until their portion of the Inventory is completed.
Annual Inventory. The Executive Director shall maintain and annually update an inventory of equipment and furnishings owned by, leased or temporarily assigned to Agency, and the values thereof.
Annual Inventory. Federally owned property - an annual inventory listing Federal property (to include description of the property, a serial number or other identification number) that is in the custody of the recipient; Copies to be sent to USACE – SWF and the project
Annual Inventory. Conduct and report the results of a complete physical inventory of accountable property in accordance with TE-5. (CDRL L-0003) This inventory is conduct on/about the anniversary date of contract award on a yearly basis, unless otherwise directed by the COTR. NOTE: Results of this inventory are due January 19, 2007 for FY 07 only. This is a one-time extension of the due date.
Annual Inventory. Recipients shall submit annually an inventory listing of all Federally owned property in their custody (property furnished by the Federal Government, rather than acquired by the recipient with Federal funds under the award), to the DoD Component or other Federal agency responsible for administering the property under the award.
Annual Inventory. Departmental Seniority will prevail providing the employ- ee has the necessary qualifications and is immediately able to satisfactorily perform the work required. Employees will work until their portion of the Inventory is completed. Employees interested in performing annual inventory will be required to sign a posted notice. Selection will be by seniority, pro- vided employee has immediate ability to perform. Notice to those selected for work will be made as soon as possible by way of a second posting. Responsibility for notification and attendance for work, rests with the employee by checking the Should insufficient numbers of employees be acquired through this process the company will select the junior most employees in plant wide order to fulfill the requirement. Should a selected employee fail to respond to the available work, Article and/or Article may be enforced. It is understood that language of Article and Article in this instance is inapplicable and not subject to the grievance procedure. In the event of a short cycle check inventory, employees shall be selected in the department by the lowest overtime hours. In the event that sufficient numbers cannot be acquired, employees from other departments may be selected.
Annual Inventory. All US government-funded property (either Contractor-acquired or US Government- furnished) must be inventoried in accordance with the Government Property Clauses of this contract. The inventory will also form the basis of an equipment disposition plan for the Close- out phase.
Annual Inventory a. Physical inventory shall be taken at the end of June each year to enable WSDA FA to complete its Annual Financial Statement Report. WSDA officials will make arrangements with the Contractor to participate in performing the annual physical count.
Annual Inventory. The time available to conduct the annual inventory and scheduling of the annual inventory period in relation to the phase-out of the model render it inadvisable to handle the inventory in the same way on all occasions. At times, inventory may be conducted on a progressive basis and, at other times, simultaneously in all areas in a particular plant. The Company will inform the Plant Chairperson of the annual inventory dates, the manner in which the inventory is to be taken and the employees scheduled to work on inventory as key personnel. In the selection of key personnel the Company is not bound by seniority. The employees required to supplement this key staff will be selected from applications on file in accordance with plant seniority and qualifications to perform the work to be done. If by this means an adequate inventory force is not obtained, the Company will select additional qualified employees from the least senior employees on model change layoff. The Union may appoint, for the sole purpose of representing employees working on the annual inventory two representatives of the Windsor Assembly Plant who, upon request of their supervisor, will be excused from their regular duties for the purpose of discussing and processing any grievances that may originate during the inventory period. Such grievances will be placed directly with the Labour Relations Department for disposition. All employees may be laid off as their inventory work assignments are completed, with the exception of the appointed Union Representatives referred to above who will be retained in the plant until such time as the taking of the inventory is completed in that plant.