Virbac, which is based in Fort Worth, said in its 2002 financial regulatory filing that it recognizes revenue when ownership transfers at the time of shipment.
The time of shipment is the usual and convenient means of fixing the probable time of arrival, with a view of providing funds to pay for the goods, or of fulfilling contracts with third persons.
In contracts of merchants for the sale and delivery or for the manufacture and sale of marketable commodities a statement descriptive of the subject-matter, or some material incident, such as the time of shipment, is a condition precedent, upon the failure or nonperformance of which the party aggrieved may repudiate the whole contract.
Lastly it is said that the orders gave the refiner a conditional right to supply such grades of sugar as it might have available at the time of shipment, while the acceptances omitted the words of condition and made the right absolute.
Every parcel that UPS delivers contains extractable data on time of shipment and how it matched delivery commitments.
A lot is still unclear about what the company is aiming for in terms of a consumer release, but what is clear is that this design is based on what Magic Leap thinks it will be able to accomplish, it was sure to note in the announcement that the "product is continually advancing and may be different at time of shipment".
The curve of temperature exposure for the first and second shipments was plotted over the time of shipment.
For each batch of pigs being moved, the following information is recorded: the number of pigs, the date and time of shipment, holding of origin, destination of the animals and registration number of the vehicle used for the transport.
It is assumed that additional extrusion lines will be added in the second year, with down payments of 33% at time of order and balance paid at time of shipment (see Cash Flow for details).
Your checking account is debited at the time of shipment.
