Inventory Control System Sample Clauses

Inventory Control System. Sample -
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Inventory Control System. The Company shall not change in ------------------------ any material respect the methods and practices (including, without limitation, any change in the designation of any Spare Parts as "active" or "excess" which change would be inconsistent with practices as in effect on the Issue Date) relating to the valuation of Spare Parts as reflected in its Inventory Control System as in effect on the Issue Date unless such change is consented to by the Collateral Agent (such consent not to be unreasonably withheld or delayed).
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Inventory Control System. The Service Provider shall maintain an inventory control system, as described in the Program Specifications, to track, control and account for all registration plates, and decals (collectively referred to as “RMV Assets”) distributed to its Permit Holders for use in the EVR Program. The Service Provider shall provide a written report of any inventory discrepancies or missing or unaccounted for RMV Assets to the RMV within 24 hours of the discovery of such inventory discrepancy, loss, or unaccountability of RMV Assets. In addition, the Service Provider shall provide and support the capability to periodically reconcile the inventoried RMV Assets, on at least a monthly basis or anytime a Permit Holder leaves the program, as described in the Program Specifications.
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Inventory Control System. IASB of all above mentioned items and shall mark them as falling under this Article of the Subcontract. The Subcontractor shall, as part of the Inventory Control System, support BIRA-IASB in the maintenance of an Inventory/Fixed Asset Record (in an electronic tool of his choice) which shall, as a minimum, contain the information as shown in Appendix J (Appendix 4 of the Contract).
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Inventory Control System. As part of the W&I Services, Supplier shall utilize an inventory control system to monitor and manage inventory balances, daily activity and the physical location and status of Goods.
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Related to Inventory Control System

  • CONTROL SYSTEM (a) SELLER shall provide and maintain a quality control system to an industry recognized Quality Standard and in compliance with any other specific quality requirements identified in this Contract. (b) Records of all quality control inspection work by SELLER shall be kept complete and available to LOCKHEED ▇▇▇▇▇▇ and its customers.

  • Quality control system (i) The Contractor shall establish a quality control mechanism to ensure compliance with the provisions of this Agreement (the “Quality Assurance Plan” or “QAP”). (ii) The Contractor shall, within 30 (thirty) days of the Appointed Date, submit to the Authority’s Engineer its Quality Assurance Plan which shall include the following: (a) organisation, duties and responsibilities, procedures, inspections and documentation; (b) quality control mechanism including sampling and testing of Materials, test frequencies, standards, acceptance criteria, testing facilities, reporting, recording and interpretation of test results, approvals, check list for site activities, and proforma for testing and calibration in accordance with the Specifications for Road and Bridge Works issued by MORTH, relevant IRC specifications and Good Industry Practice; and (c) internal quality audit system. The Authority’s Engineer shall convey its approval to the Contractor within a period of 21 (twenty-one) days of receipt of the QAP stating the modifications, if any, required, and the Contractor shall incorporate those in the QAP to the extent required for conforming with the provisions of this Clause 11.2. (iii) The Contractor shall procure all documents, apparatus and instruments, fuel, consumables, water, electricity, labour, Materials, samples, and qualified personnel as are necessary for examining and testing the Project Assets and workmanship in accordance with the Quality Assurance Plan. (iv) The cost of testing of Construction, Materials and workmanship under this Article 11 shall be borne by the Contractor.

  • Management and Control Systems Grantee will: 1. maintain an appropriate contract administration system to ensure that all terms, conditions, and specifications are met during the term of the contract through the completion of the closeout procedures. 2. develop, implement, and maintain financial management and control systems that meet or exceed the requirements of Uniform Statewide Accounting System (UGMS). Those requirements and procedures include, at a minimum, the following: i. Financial planning, including the development of budgets that adequately reflect all functions and resources necessary to carry out authorized activities and the adequate determination of costs; ii. Financial management systems that include accurate accounting records that are accessible and identify the source and application of funds provided under each Contract of this Contract, and original source documentation substantiating that costs are specifically and solely allocable to a Contract and its Contract and are traceable from the transaction to the general ledger; iii. Effective internal and budgetary controls; iv. Comparison of actual costs to budget; determination of reasonableness, allowableness, and allocability of costs; v. Timely and appropriate audits and resolution of any findings; vi. Billing and collection policies; and vii. Mechanism capable of billing and making reasonable efforts to collect from clients and third parties.

  • 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.

  • 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.