Common use of Fungible Goods or Materials Clause in Contracts

Fungible Goods or Materials. The determination of whether fungible goods or materials are originating shall be made either by physical segregation of each of the fungible goods or materials or, where commingled, by the use of an inventory management method which is recognised in the Generally Accepted Accounting Principles of the exporting Party, and should be used throughout the fiscal year.

Fungible Goods or Materials. The determination of whether fungible goods or materials are originating shall be made either by physical segregation of each of the fungible goods or materials or, where commingled, by the use of an inventory management method which is recognised recognized in the Generally Accepted Accounting Principles of the exporting Party, and should be used throughout the fiscal year.