Inventory and Storage Sample Clauses

Inventory and Storage. Distributor shall, at all times during the Term, maintain sufficient inventories of Products to meet its forecasted sales of each of the Products for at least the subsequent two months following the end of each month. All Products will be stored by Distributor in accordance with the Product requirements found in the package inserts for the Products.
AutoNDA by SimpleDocs
Inventory and Storage. Distributor will only maintain that amount of inventory of Consigned Inventory specified by CoreLink from time to time. Distributor shall not use Consigned Inventory for any purpose other than as set forth in this Agreement. Distributor will track all withdrawals of Consigned Inventory. Distributor will cause Consigned Inventory to be placed in safe and secure storage at the Distributor's facility, separated from Distributor's other materials, equipment, and parts. Distributor shall be solely responsible for the care, maintenance and safekeeping of, and all costs of storing, handling, transporting, marketing and selling, the Consigned Inventory while in Distributor's possession or in the possession of any agent of Distributor. Distributor shall store and keep Consigned Inventory safely and securely in accordance with commercially reasonable practices and shall protect the Consigned Inventory from deterioration, destruction, loss and damage. Distributor shall rotate all Consigned Inventory on a first-in-first out basis and will not provide any Consigned Inventory to customers that have passed the indicated expiration date. All Consigned Inventory are deemed accepted by Distributor upon delivery to Distributor's facility. Prior to withdrawal of Consigned Inventory from Distributor's facility, Distributor shall at all times keep Consigned Inventory free from any liens, claims, encumbrances and interests of third parties. Distributor will also store all Products and Instruments returned by Customers to Distributor in accordance with this Section 3.4 prior to returning such items in its possession (if any) to CoreLink in accordance with Section 3.5.
Inventory and Storage. Upon acceptance of the Cannabis by the Retailer, the Retailer shall record it into its inventory, and shall securely store the Cannabis at its sole cost, risk and expense, in accordance with the Regulations, the Retailer Directives and the Retailer’s Licence for the Location.
Inventory and Storage. 4.1 There is an average of *** pallet. 4.2 There is an average of *** pallet. 4.3 Peak to average ratio is assumed to be ***. 4.4 Average inventory turns per year are ***: 4.4.1 Controlled products have an average of *** turns per year. 4.4.2 Non-Controlled products have an average of *** turns per year. 4.5 Storage has been designed to include the following for year five (5): Ambient *** *** *** DEA Vault *** *** DEA Cage *** *** Total *** *** *** 4.6 Pallet storage quantities stated above include the packaging materials pallet storage requirements. 4.7 Pallets cannot be double stacked on the floor. 4.8 Standard SCS cycle counting is included. Cycle counting will be performed based on Customers direction as outline in the work instructions. 4.9 Should Customer require a physical inventory, this service will be performed at ad-hoc staffing Fees. 4.10 Customer will be responsible for managing the reorder points and direct replenishment of merchandise. 4.11 SCS will determine all storage and picking locations and configurations. 4.12 growth is anticipated.
Inventory and Storage. 4.1 There will be approximately *** in storage. 4.1.1 Endo – *** 4.2 Total on-hand inventory planned at *** pallets. 4.3 Average product dimensions are: Pallets 40 in 48 in 52 in 4.4 Storage has been designed to include the following: Selective Rack – Storage Pallets ***
Inventory and Storage. 4.1 Total on-hand inventory planned at *** units. 4.2 There is an average of *** cartons per pallet. 4.3 There is an average of *** units per pallet. 4.4 Peak to average ratio is assumed to be ***. 4.5 Average inventory turns per year are ***: 4.5.1 Controlled products have an average of *** turns per year. 4.5.2 Non-Controlled products have an average of *** turns per year. 4.6 Storage has been designed to include the following for year five (5): Ambient *** *** *** DEA Vault *** *** DEA Cage *** *** Cooler (2-8 Celsius) *** *** Freezer *** *** Total *** *** *** 4.7 Pallet storage quantities stated above include the packaging materials pallet storage requirements. 4.8 Pallets cannot be double stacked on the floor. 4.9 Standard SCS cycle counting is included. Cycle counting will be performed based on Clients direction as outline in the work instructions. 4.10 Should Endo require a physical inventory, this service will be performed at ad-hoc staffing rates. 4.11 Endo will be responsible for managing the reorder points and direct replenishment of merchandise. 4.12 SCS will determine all storage and picking locations and configurations. 4.13 growth is anticipated.
Inventory and Storage 
AutoNDA by SimpleDocs

Related to Inventory and Storage

  • Inventory and Supplies Administrator shall order, purchase and provide to the Group on a timely basis inventory and supplies, and such other ordinary, necessary or appropriate materials which are requested by the Group and which the Group shall reasonably determine to be necessary in the operation of the Practice on the same terms commercially available to Administrator. Such inventory, supplies and other materials shall be included in Practice Expenses at their cost to Parent or Administrator, as the case may be.

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Location of Inventory and Equipment The Inventory and Equipment are not stored with a bailee, warehouseman, or similar party (without Foothill's prior written consent) and are located only at the locations identified on Schedule 6.12 or otherwise permitted by Section 6.12.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • Inventory Records Each Loan Party keeps correct and accurate records itemizing and describing the type, quality, and quantity of its and its Subsidiaries’ Inventory and the book value thereof.

  • Inventory Management The Subrecipient must submit an annual statement identifying the status of all equipment and non-real property items purchased with ESG funds by the contract termination date. The status report should inventory all equipment and non-real properties purchased with ESG funds and state the condition of the equipment and its location.

  • As to Equipment and Inventory Grantor hereby agrees that it shall: (a) keep all the Equipment and Inventory (other than Inventory in transit and Inventory sold in the ordinary course of business) at the places therefor specified in Section 3.1.1 or, upon 30 days' prior written notice to Agent, at such other places in a jurisdiction where all representations and warranties set forth in Article III (including Section 3.1.6) shall be true and correct, and all action required pursuant to the first sentence of Section 4.1.7 shall have been taken with respect to the Equipment and Inventory; (b) with respect to any Equipment or Inventory in the possession or control of any Third Party or any of Grantor's agents, notify such Third Party or agent of Agent's security interest in such Equipment or Inventory and, upon Agent's request following the occurrence and during the continuance of an Event of Default, direct such Third Party or agent to hold all such Equipment or Inventory for Agent's account and subject to Agent's instructions; (c) cause the Equipment to be maintained and preserved in the same condition, repair and working order as when new, ordinary wear and tear excepted, and in accordance with any manufacturer's manual; and forthwith, or in the case of any material loss or damage to any of the Equipment, as quickly as practicable after the occurrence thereof, make or cause to be made all repairs, replacements, and other improvements in connection therewith which are necessary or desirable to such end; and promptly furnish to Agent a statement respecting any loss or damage to any of the Equipment within ten (10) business days after Grantor obtains knowledge of any such loss or damage; and (d) pay promptly when due all property and other taxes, assessments and governmental charges or levies imposed upon, and all claims (including claims for labor, materials and supplies) against, the Equipment and Inventory, except to the extent the validity thereof is being contested in good faith by appropriate proceedings and for which adequate reserves in accordance with Generally Accepted Accounting Principles have been set aside.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • Property Inventory and Protection of Assets Grantee will; 1. maintain an inventory of equipment, supplies defined as controlled assets, and property described in this Contract and submit to the assigned contract manager, upon request. 2. maintain, repair, and protect assets under this Contract to assure their full availability and usefulness. 3. if Grantee is indemnified, reimbursed, or otherwise compensated for any loss of, destruction of, or damage to the assets provided or obtained under this Contract, use the proceeds to repair or replace those assets.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!