Common use of Warehousing Clause in Contracts

Warehousing. Provide materials and supplies, including storage, ordering, and inventory management. • “Provide materials and supplies” means managing tangible goods (e.g., pipes, meters, poles, regulators, valves, fittings, transformers, office supplies, office equipment, vehicles, parts needed to repair assets) that the utility procures to support its business. • “storage” means storing (stocking) tangible goods in an appropriate manner, i.e., in a manner that protects the goods from damage or deterioration, and, if applicable, in accordance with applicable manufacturers’ guidelines or legal requirements. • “ordering” means requisitioning and procuring tangible goods associated with the utility’s business.

Appears in 6 contracts

Samples: Affiliated Interest Agreement, Affiliated Interest Agreement, Affiliated Interest Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!