Shrink means Inventory which has been lost, misplaced, stolen, or is otherwise unaccounted for.
Shrink means Inventory identified by the Borrowers as lost, misplaced, or stolen.
Shrink means Inventory which has been lost, misplaced, stolen, or is otherwise unaccounted
Examples of Shrink in a sentence
Inventory as of: ADD Purchases Buyback Freight LESS Returns (total) Guide Transfers (Used) Other Cost of Sales Ending inventory as of: ADD Merchandise received by store LESS Shrink (in excess of GL reserve) Café Digital Inventory in Transit MP Accrual > 90 days Net Eligible Inventory after Weekly Reporting Variance Reserve Inventory Advance Rate: Net Eligible Rental Inventory Inventory Rental Advance Rate: Monthly Inventory NOLV: Monthly Rental Inv.
More Definitions of Shrink
Shrink means Inventory of the Borrowing Base Parties which has been lost, misplaced, stolen, or is otherwise unaccounted for.
Shrink means the Btu reduction of Gas attributable to lost or unaccounted for Gas. GAS GATHERING AGREEMENT (LEGACY APPALACHIAN SYSTEM) PAGE 4
Shrink means any and all loss of Merchandise, including: the excess of the perpetual book inventory, per LE’s records, over the physical inventory counted by SRC, both stated in retail dollars. Notwithstanding any other provision of this Agreement or the Leases, LE shall solely have the risk of loss for the Merchandise. Unless otherwise agreed to in writing by the parties, SRC shall apply the same loss prevention policies and techniques to the Merchandise as SRC applies to its own property; provided that LE shall be responsible for reimbursing SRC for the cost of all security tags and other devices used in the LE Shop. If LE makes SRC aware of a potential high Shrink issue at a particular LE Shops, then SRC agrees to cooperate, at LE’s cost, with LE’s investigation on a commercially reasonable basis to research the cause.
Shrink means lost, stolen, or damaged Product after Acceptance. "Shrink" does not include concealed damage discovered after Acceptance while in Buyer's distribution center. For each unit of Product purchased by Buyer via pay-on-scan only, Seller shall credit Buyer 1% of the Product purchase price to account for Shrink related to the Product. The shrink allowance shall be deducted by Buyer against each invoice paid to Seller.
Shrink means the difference between scheduled FTE and actual on-phone FTE, (i.e. absenteeism and preplanned off-phone time) excluding outbound.
Shrink means Inventory which has been lost, misplaced, stolen, or is otherwise unaccounted for. “Solvent” and “Solvency” means, with respect to any Person as of any date of determination, that (a) at fair valuations, the sum of such Person’s debts (including contingent liabilities) is less than all of such Person’s assets, (b) such Person is not engaged or about to engage in a business or transaction for which the remaining assets of such Person are unreasonably small in relation to the business or transaction or for which the property remaining with such Person is an unreasonably small capital, and (c) such Person has not incurred and does not intend to incur, or reasonably believe that it will incur, debts beyond its ability to pay such debts as they become due (whether at maturity or otherwise), and (d) such Person is “solvent” or not “insolvent”, as applicable within the meaning given those terms and similar terms under applicable laws relating to fraudulent transfers and conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under Statement of Financial Accounting Standard No. 5). “Spot Rate” has the meaning given to such term in Section 1.07 hereof. “Standard Letter of Credit Practice” means, for the L/C Issuer, any domestic or foreign Law or letter of credit practices applicable in the city in which the L/C Issuer issued the applicable Letter of Credit or, for its branch or correspondent, such Laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit. 49