Inventory Allocation Sample Clauses

Inventory Allocation. Authorized Location acknowledges and agrees that Distributor, in its discretion, may choose how to allocate available inventory among resellers.
Sample 1
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Inventory Allocation i. WMS must allocate product on a FIFO (first in, first out) or FEFO (first expiration, first out) basis.
Sample 1
Inventory Allocation. The Borrowers shall not permit at any time the Insured Value of the Pledged Inventory to exceed $20,000,000 at any single location of the Borrowers, in accordance with the maximum coverage limitations set forth in the underlying insurance policies of the Borrowers.
Sample 1
Inventory Allocation. On or before the Closing Date and through the end of the Second Earn-Out Period, the Parent and Shareholders shall establish a committee consisting of Xxxx X. Xxxxxxxxx, Xxxxx X.Xxxxxxxx, Xxxxx Xxxx and Xxx Xxxx to oversee the allocation of inventory among the Parent and its subsidiaries and the Company during the period from the Closing Date until the end of the Second Earn-Out Period. In addition, the Parent and Shareholders shall agree upon a committee charter which shall more fully set forth the committee's duties in reviewing issues of inventory allocation, including a procedure pursuant to which Xxxxx Xxxxxxx shall cast the deciding vote in the event of the deadlock of the committee members.
Sample 1
Inventory Allocation. (a) The Buyer and the Seller shall, no later than July 29, 2006 (the “First Allocation Date”), jointly (1) conduct a physical inventory count of all inventory (including without limitation raw materials, work-in-process, finished goods, supplies and packaging materials) of the Seller that is located in the warehouse leased by the Seller pursuant to the UPS Contract, as defined in Section 6.2(a) (the “Warehouse”), and (2) allocate all such inventory, together with all inventory that is in transit to the Warehouse, whether scheduled for delivery prior to or after the Closing (collectively, the “First Allocation Date Warehouse Inventory”), into one of the following two categories:
Sample 1

Related to Inventory Allocation

  • Regulatory Allocations Notwithstanding any provisions of paragraph 1 of this Exhibit B, the following special allocations shall be made.

  • Priority Allocations (A) If the amount of cash or the Net Agreed Value of any property distributed (except cash or property distributed pursuant to Section 12.4) with respect to a Unit for a taxable period exceeds the amount of cash or the Net Agreed Value of property distributed with respect to another Unit within the same taxable period (the amount of the excess, an “Excess Distribution” and the Unit with respect to which the greater distribution is paid, an “Excess Distribution Unit”), then there shall be allocated gross income and gain to each Unitholder receiving an Excess Distribution with respect to the Excess Distribution Unit until the aggregate amount of such items allocated with respect to such Excess Distribution Unit pursuant to this Section 6.1(d)(iii)(A) for the current taxable period and all previous taxable periods is equal to the amount of the Excess Distribution.

  • Book Allocations The net income and net loss of the Company shall be allocated entirely to the Member.

  • Property Cash Flow Allocation (a) During any Cash Management Period, all Rents deposited into the Deposit Account during the immediately preceding Interest Period shall be applied on each Payment Date as follows in the following order of priority:

  • Section 704(c) Allocations Notwithstanding Section 6.5.A hereof, Tax Items with respect to Property that is contributed to the Partnership with an initial Gross Asset Value that varies from its basis in the hands of the contributing Partner immediately preceding the date of contribution shall be allocated among the Holders for income tax purposes pursuant to Regulations promulgated under Code Section 704(c) so as to take into account such variation. With respect to Partnership Property that is contributed to the Partnership in connection with the General Partner’s initial public offering, such variation between basis and initial Gross Asset Value shall be taken into account under the “traditional method” as described in Regulations Section 1.704-3(b). With respect to other Properties, the Partnership shall account for such variation under any method approved under Code Section 704(c) and the applicable Regulations as chosen by the General Partner. In the event that the Gross Asset Value of any Partnership asset is adjusted pursuant to subsection (b) of the definition of “Gross Asset Value” (provided in Article 1 hereof), subsequent allocations of Tax Items with respect to such asset shall take account of the variation, if any, between the adjusted basis of such asset and its Gross Asset Value in the same manner as under Code Section 704(c) and the applicable Regulations and using the method chosen by the General Partner; provided, however, that the “traditional method” as described in Regulations Section 1.704-3(b) shall be used with respect to Partnership Property that is contributed to the Partnership in connection with the General Partner’s initial public offering. Allocations pursuant to this Section 6.5.B are solely for purposes of Federal, state and local income taxes and shall not affect, or in any way be taken into account in computing, any Partner’s Capital Account or share of Net Income, Net Loss, or any other items or distributions pursuant to any provision of this Agreement.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Offsetting Allocations Notwithstanding the provisions of Sections 6.1, 6.2.B and 6.2.C, but subject to Sections 6.3 and 6.4, in the event Net Income or items thereof are being allocated to a Partner to offset prior Net Loss or items thereof which have been allocated to such Partner, the General Partner shall attempt to allocate such offsetting Net Income or items thereof which are of the same or similar character (including without limitation Section 704(b) book items versus tax items) to the original allocations with respect to such Partner.

  • Minimum Allocation If the Employer has adopted Sponsor's paired defined contribution plan number 01001, 01004 or 01005 in addition to this Plan, then the minimum allocation required by Section 13.3 will be provided ( ) under this Plan; ( ) under such other paired defined contribution plan. If the Employer has adopted Sponsor's paired defined benefit plan number 02001, then Participants in this Plan (or another paired defined contribution plan) who are covered under the paired defined benefit plan shall receive the minimum top heavy benefit under the paired defined benefit plan and shall receive no minimum allocation. If a Participant in this Plan who is a Non-Key Employee is covered under another qualified plan maintained by the Employer, other than a paired plan of the Sponsor, the minimum top heavy allocation or benefit required under section 416 of the Code shall be provided to such Non-Key Employee under:

  • Allocation of Excess Nonrecourse Liabilities For purposes of determining a Holder’s proportional share of the “excess nonrecourse liabilities” of the Partnership within the meaning of Regulations Section 1.752-3(a)(3), each Holder’s respective interest in Partnership profits shall be equal to such Holder’s Percentage Interest with respect to Partnership Common Units, except as otherwise determined by the General Partner.

  • Risk Allocation The Product is Regulatorily Continuing.

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