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.
Inventory Management. The Subrecipient must submit an annual statement identifying the status of all equipment and non-real property items purchased with ARPA funds through the Agreement termination date. The status report should inventory all equipment and non-real properties purchased with ARPA funds and state the condition of the equipment and its location.
Inventory Management. After Medtronic commences manufacture and supply of ISRs beyond the Limited 1.0 Supply, UT will provide Medtronic, on a monthly basis, a rolling twelve-month estimate of the anticipated monthly sales of the ISRs (“Forecast”). The first six months of the currently-effective rolling 12-month forecast shall be binding on the Parties and is referred to as the “Frozen Period”, and Medtronic’s distribution center may hold ISR inventory equaling up to the prior four weeks of average units sold (the “On-hand Inventory”). Medtronic shall sell ISRs, Accessories and System components on a first-in, first-out basis, and shall keep UT informed as to the expiration dates of all such items. Notwithstanding the foregoing, the Parties anticipate a potential supply gap in the availability of ISRs between the distribution of the final Version 1.0 ISR and Approval and distribution of fully remediated next-generation ISR (i.e., the SynchroMed Plus-based ISR) (the “Supply Gap”). Failure of Medtronic to supply any ISRs during the Supply Gap, whether or not reflected in the Frozen Period or Forecast, shall not be a violation of this Agreement, including but not limited to Medtronic’s obligations under Section 2.2(a)(iii), and no Party shall have the right to terminate this Agreement as a result thereof. Each calendar year (the “Subject Year”), UT shall pay to Medtronic an annual inventory fee (the “Annual Inventory Fee”) for the aggregate Expired ISRs in the Subject Year. The Annual Inventory Fee for each Expired ISR will be calculated as follows:
a) For the Version 1.0 ISR, either:
i) In the case of Expired ISRs that are part of the Limited 1.0 Supply of up to 400 Systems, which expire as a result of Medtronic being prohibited from selling the ISR due to regulatory or legal prohibitions, such as a consent decree, the annual Inventory Fee for each Expired ISR shall equal Medtronic’s cost of goods sold, as reflected on Schedule 2.3;
ii) For all other Expired ISRs that are Version 1.0 ISRs, the Annual Inventory Fee for each Expired ISR will equal the ISR ASP (as defined below) for the applicable ISR, Accessory, or component of the System in effect during such Subject Year plus, in the case of the Additional 1.0 Supply only, the Additional 1.0 Supply Costs (as defined below); and
b) For any next-generation ISR beyond the Version 1.0 ISR, 50% of the ISR ASP for the applicable ISR, Accessory, or component of the System in effect during such Subject Year.
Inventory Management. The distributing agency must ensure that donated foods at all storage facilities used by the distributing agency (or by a subdistributing agency) are stored in a manner that permits them to be distinguished from other foods, and must ensure that a separate inventory record of donated foods is maintained. The distributing agency's system of inventory management must ensure that donated foods are distributed in a timely manner and in optimal condition. On an annual basis, the distributing agency must conduct a physical review of donated food inventories at all storage facilities used by the distributing agency (or by a subdistributing agency), and must reconcile physical and book inventories of donated foods. The distributing agency must report donated food losses to FNS, and ensure that restitution is made for such losses.
Inventory Management. Marketer will be responsible for monitoring future ethanol stock levels projected for Owner's plant to facilitate the marketing program established by Marketer.
Inventory Management. Delta shall have complete control and discretion over all inventory management functions for all Scheduled Flights and Charter Flights operated pursuant to this Agreement, including, without limitation, overbooking levels, discount seat levels, and allocation of seats among the various fare buckets. In performing such inventory management, Delta shall conform in all material respects to its own procedures and standards, taking into account the Aircraft type.
Inventory Management. Northwest shall have complete control over all inventory management functions for all Scheduled Flights and Charter Flights operated pursuant to this Agreement, including, without limitation, overbooking levels, discount seat levels, and allocation of seats among the various fare buckets. In performing Pinnacle’s inventory management, Northwest shall conform in all material respects to its own procedures and standards, taking into account the type of Aircraft operated by Pinnacle.
Inventory Management. The Subrecipient must submit an annual statement identifying the status of all equipment and non-real property items purchased with CDBG funds by the contract termination date. The status report should inventory all equipment and non-real properties purchased with CDBG funds and state the condition of the equipment and its location.
Inventory Management. The contractor shall attend a Phase-in GFP transfer and inventory meeting as required in individual task orders. The Government will schedule meetings prior to task order start. Prior to the performance start date, the contractor shall conduct a one-hundred (100) percent joint inventory in accordance with AR 71-32 - Force Development and Documentation, AR 710-2 – Inventory Management, DA Xxx 710-2-1 – Using Supply System (Manual Procedures) and AR 735-5 - Policies and Procedures for Property Accountability. The Government and the contractor shall certify the joint inventory as accurate. The contractor shall update the inventory listing every thirty (30) days to ensure the list is current. At the time of the inventory, all GFP shall be jointly inspected. The contractor shall record any property not serviceable. IUID clause shall be concurred with.
Inventory Management. The contractor shall establish and maintain an Inventory File of equipment and services purchased under a task order. Each record of this file shall include the OEM’s name and contact number, maintenance contractor’s name and local repair number, the date of acceptance, the date maintenance was performed (if available), a description of the maintenance action (if available), and the date that the warranty ends. In addition, the record shall contain the task order number and CLINs as written in the task order. The customer may task the contractor to store other information in this file.
