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Storage of Production Inventories Clause Samples

The 'Storage of Production Inventories' clause defines the terms and conditions under which goods, materials, or finished products are stored during the production process. It typically outlines responsibilities for maintaining inventory, specifies acceptable storage locations, and may address issues such as insurance, access, and liability for loss or damage. By clearly allocating responsibility and setting standards for storage, this clause helps prevent disputes and ensures that production inventories are properly managed and protected throughout the manufacturing or supply chain process.
Storage of Production Inventories. Each Participant will bear the cost incurred for handling and storage of merchantable ore or concentrates as follows: 2.13.1. Personal property taxes on ore or concentrates in storage for a Participant within the Property shall be charged to such Participant. 2.13.2. The cost of loading out such ore in storage for a Participant from the Property shall be charged to such Participant. 2.13.3. Cost associated with providing storage of ore or concentrates within the Property will be charged on a pro rata basis determined by the Participants. 2.13.4. Other costs arising out of storage or handling of ore or concentrates shall be charged to the Participant owning such Materials.
Storage of Production Inventories. Each party will bear the cost incurred for handling and storage of merchantable ore or concentrates as follows: (1) Personal property taxes on ore and/or concentrates in storage for a party on the joint properties shall be charged to such Party. (2) The cost of loading out such ore in storage for a Party from the joint properties shall be charged to such Party. (3) Cost associated with providing storage of ore and/or concentrates on the joint properties will be charged on a pro rata basis determined by the Parties. (4) Other cost arising out of storage or handling of ore and/or concentrates shall be charged to the party owning such materials.
Storage of Production Inventories. Each Participant will bear the cost incurred for handling and storage of merchantable ore or concentrates as follows:

Related to Storage of Production Inventories

  • Inventories All of the Assets constituting inventory are owned or used by Company, are in good, current, standard and merchantable condition and are not obsolete or defective.

  • 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.

  • Recycled Products The Contractor agrees to comply with all the requirements of Section 6002 of the Resource Conservation and Recovery Act (RCRA), as amended (42 U.S.C. 6962), including but not limited to the regulatory provisions of 40 CFR Part 247, and Executive Order 12873, as they apply to the procurement of the items designated in Subpart B of 40 CFR Part 247. References: 42 U.S.C. 6962, 40 CFR Part 247, Executive Order 12873 (More than $10,000)

  • Storage of Materials Borrower shall cause all materials supplied for or intended to be utilized in the construction of the Improvements but not affixed to or incorporated into the Property to be stored on the Property or at such other location as may be approved by Lender in writing, with adequate safeguards to prevent loss, theft, damage or commingling with other materials not intended to be utilized in the construction of the Improvements.

  • Manufacture of Products All Products marketed through Grantor's Web ------------------------- Site shall be manufactured, packaged, prepared, and shipped in accordance with the specifications and requirements described on Exhibit A hereto as it may be modified from time to time. Quality control standards relating to the Product's weight, color, consistency, micro-biological content, labeling and packaging are also set forth on Exhibit A. In the event that Exhibit A is incomplete, Products shall be manufactured and shipped in accordance with industry standards.

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