Shrinkage Allowance. (a) A shrinkage allowance (the Shrinkage Allowance) of 0.5% of the quantity of the original Consignment delivered (or Client's Entitlement, if applicable) will be deducted in respect of all Receival Tonnage(For clarification, if 100 tonnes of Product is received, after allowing for the Shrinkage Allowance only 99.50 tonnes will be Outturned.)
Shrinkage Allowance. Customer acknowledges that some damage or loss to Customer’s Products at the Facility may occur during the performance of the Services. Accordingly, Customer agrees that NDC shall be entitled to the annual damage and shrinkage allowance of one-tenth of one percent (0.1%) of Customer’s inventory (valued at wholesale price) based on the variance between actual physical count and perpetual system inventory at the time of annual physical inventory taking (the “Shrinkage Allowance”), which must be exceeded prior to NDC being liable for any damage, loss or shortages of Customer’s Products, provided NDC has followed in all material respects the Standard Operating Procedures and the security requirements set forth on Schedule 1.8. In the event the Standard Operating Procedures or security requirements are not followed in all material respects, then NDC shall be responsible for all damage and loss of Products at the Facility. If NDC learns of any loss or damage to Product and/or property in the Facility, NDC will immediately notify Customer of such fact and request instructions, and any related claims by Customer shall be made in accordance with Section 6.1(d), and shall be supported by reasonably detailed copies of documentation of the wholesale price for the damaged items.
Shrinkage Allowance. 0.8% of delivered weight of the Commodity for cereals, canola and Other Grains. 1.2% of delivered weight of the Commodity for Pulses. Schedule 2 Out-turn Standards GTA (NACMA) rules will apply to Out-turns. Schedule 3 Please note that all charges within this schedule are per metric tonne and are GST exclusive Minimum Out turn Table 3: Fee Schedule for the minimum out turn of product with The Company Out-turn Quanity (mt) Fee 10 $10.00 15 $9.00 20 $8.00 25 $7.00 30 $6.00 35 $5.00 40 $4.00 45 $3.00 50 $2.00 Schedule 4 Please note that all charges with in this schedule are per metric tonne and are GST exclusive
Shrinkage Allowance. In further consideration of the rates herein, and in keeping with the definition of warehouseman’s legal liability contained herein and in Article 7-204 of the Uniform Commercial Code or other applicable state or local law, Client agrees to a shrinkage allowance in accordance with the Inventory Accuracy listed in the Service Levels contained in attached Appendix (C), for which, in case of loss or damage to Goods or mysterious disappearance, however caused, SPE will not be liable.
Shrinkage Allowance. 21.1 Bunge will deduct a Shrinkage Allowance from each load of Grain delivered into the Bunge Facility.
Shrinkage Allowance. (a) A Shrinkage Allowance of 0.6% of the quantity of the original Consignment delivered will be deducted from the total Receival Tonnage. For clarity, if 100 tonnes of Product is received, after allowing for the Shrinkage Allowance only 99.40 tonnes will be Outloaded or Outturned.
