Standard Credit Policy. The Parties agree to the terms and conditions of the Standard Credit Policy set forth in the Services Specifications attached hereto this Agreement as Exhibit “C”.
Standard Credit Policy a. Billed Not Received (BNR) — A freight claim should be filed with the carrier on significant BNR’s such as a missing pallet. UNFI will review any significant quantities for verification of pallets signed for on the Xxxx of Lading.
b. [*CONFIDENTIAL*].
c. Damage-freight claim should be filed with the carrier.
d. [*CONFIDENTIAL*].
e. Product Delivery Temperature — UNFI will not issue credit for products delivered at too high or too low temperatures. A freight claim should be field with the carrier.
f. [*CONFIDENTIAL*]. See Standard Credit Policy, Exhibit E for Consumer Returns.
Standard Credit Policy. (a) With respect to the Facilities, the parties shall follow the standard credit policy set forth on Schedule 5.5(a), which is intended to mirror A&P's current standard credit practices. With respect to any other C&S facilities, the parties shall follow the standard credit policy set forth on Schedule 5.5(b). The audit procedures to support the C&S facilities' policy are also set forth on Schedule 5.5(b). With respect to Facilities, C&S will, after taking into account credits that it has issued to the stores pursuant to its warehouse audits and store called-in credits and all other reserve adjustments, pay to or bill A&P the net shortage or gain in each warehouse, all xx described on Schedule 5.5(c). A&P will continue to receive current swell allowances for product shipped from a Facility. C&S will receive all swell allowances on any vendor that switches to a swell allowance and will pass on to A&P * of such allowances received. C&S will receive all swell allowances for Merchandise shipped from a C&S Facility and will pass on to A&P * of such allowances received. If a vendor that switches to a swell allowance is a successor to an A&P swell vendor, then the parties will meet and in good faith agree on the proper allocation of the swell ______________________________ * *Material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment under Rule 24-b2. allowance from the successor vendor. C&S will primarily rely on the A&P Help Desk to issue credits because A&P is being billed for or paying the net shortages or gains. C&S shall maintain a level of security at the facilities serving A&P sufficient to mutually satisfy the parties that the Merchandise is being adequately protected, with the presumption that the relative level of security on the date hereof is sufficient for such purposes. C&S shall provide A&P with a reconciliation report of net shortages and gains in inventory within * of the end of each A&P accounting period.
Standard Credit Policy. The Parties shall follow the store call-in credit policy set forth on Schedule 12.1(a). The audit and inventory control procedures are as set forth on Schedule 12.1(b). C&S will conduct cycle counts at the Facilities. C&S will, after taking into account credits that it has issued to the BWD Stores pursuant to its standard credit policy, which is set forth on Schedule 12.1(c) and store called-in credits and all other reserve adjustments, pay to or xxxx BWD the net inventory shortage or gain in each such warehouse, all as described on Schedule 12.1(d) (the inventory gain/loss measurement calculation). C&S shall maintain a level of security at the Facilities sufficient to mutually satisfy the Parties that the Merchandise is being adequately protected, with the presumption that the level of security on the date hereof is sufficient for such purposes. [***].
Standard Credit Policy. The Parties agree to the terms and conditions of the Standard Credit Policy attached hereto as Exhibit 7.17. A&P and C&S will work together in good faith to revise the Standard Credit Policy currently in effect to the Parties' mutual satisfaction. The purpose of such revision is to agree upon terms that comport with the open-book nature of the relationship between the Parties and to create costs savings and efficiencies wherever possible, while at the same time ensuring high quality selection and service level to the A&P Stores. When such revised terms have been mutually agreed to in writing by the Parties, such revised Standard Credit Policy will be included in the Service Specifications. ------------------------------ * Material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange Act 1934, as amended. SCHEDULE 8 PREPARATION OF INITIAL BUDGET AND ANNUAL BUDGETS; SHARED SAVINGS ----------------------------------------------------------------
