Minor Material Handling Charges. Local and minor transportation and handling charges for Material, which are chargeable to the warehouse stock account, may be accumulated in a separate warehouse sub-account containing handling and transportation costs from vendor to warehouse. When Materials are issued from the warehouse stock to the Joint Operations, a proportionate share of the sub-account shall be charged to the Joint Operations in addition to the cost of the item, the basic principle being that when the warehouse stock has been exhausted, the balance in the transportation sub-account will also be nil.
Appears in 3 contracts
Sources: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement