Cycle Counts Sample Clauses

Cycle Counts. The Credit Parties shall maintain policies for cycle counts of their Inventory subject to frequency, scope and procedures reasonably acceptable to the Administrative Agent.
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Cycle Counts. Until the Company’s delivery to the Buyer of the Estimated Closing Statement in accordance with Section 1.03(b) or the earlier termination of this Agreement pursuant to Section 9.01 hereof, the Company shall use its commercially reasonable efforts to perform cycle counts, in an amount and frequency and of a kind reasonably determined by the Company, in order to accurately identify the inventory and the value of such inventory for purposes of determining the Estimated Net Working Capital, to the extent reasonably practicable, in the Estimated Closing Statement. Within three business days prior to the Closing Date (and following at least two days’ advance notice to Seller), Buyer shall have the right to conduct test counts of inventory in a manner reasonably determined by Buyer in order to verify the inventory for purposes of evaluating the Estimated Net Working Capital.
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Cycle Counts. [Exhibit] This material constitutes confidential and proprietary information of Adobe Systems, Inc., and is directed to the person to whom it is given by an authorized representative of Adobe Systems, Inc. This material may not be distributed, reproduced or divulged without written consent of Adobe Systems, Inc. This material, along with all copies made by or on behalf of the person to whom it is directed, shall be returned immediately to Adobe Systems, Inc. upon Adobe Systems Inc.'s request. Xxxxx Distribution Operating Procedure Title Cycle Counts Uncontrolled copy # Responsibility IPC Inventory Analyst ISO Ref. 4.9 Procedure No. IPC 02 Rev. No. 1 Date 08-03-99 No. of Pages 2 Quality Systems Manager IPC Manager [*] *CONFIDENTIAL TREATMENT REQUESTED This material constitutes confidential and proprietary information of Adobe Systems, Inc., and is directed to the person to whom it is given by an authorized representative of Adobe Systems, Inc. This material may not be distributed, reproduced or divulged without written consent of Adobe Systems, Inc. This material, along with all copies made by or on behalf of the person to whom it is directed, shall be returned immediately to Adobe Systems, Inc. upon Adobe Systems Inc.'s request. Xxxxx Distribution Operating Procedure Title Cycle Counts Uncontrolled copy # Responsibility IPC Inventory Analyst ISO Ref. 4.9 Procedure No. IPC 02 Rev. No. 1 Date 08-03-99 No. of Pages 2 Quality Systems Manager IPC Manager [*] *CONFIDENTIAL TREATMENT REQUESTED This material constitutes confidential and proprietary information of Adobe Systems, Inc., and is directed to the person to whom it is given by an authorized representative of Adobe Systems, Inc. This material may not be distributed, reproduced or divulged without written consent of Adobe Systems, Inc. This material, along with all copies made by or on behalf of the person to whom it is directed, shall be returned immediately to Adobe Systems, Inc. upon Adobe Systems Inc.'s request. Appendix L STOR01—Incoming Stores Control [Exhibit] This material constitutes confidential and proprietary information of Adobe Systems, Inc., and is directed to the person to whom it is given by an authorized representative of Adobe Systems, Inc. This material may not be distributed, reproduced or divulged without written consent of Adobe Systems, Inc. This material, along with all copies made by or on behalf of the person to whom it is directed, shall be returned immediately to Adobe Systems, ...
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Cycle Counts. (a) Cause periodic cycle counts to be undertaken, at the expense of the Borrower, consistent with past practices, conducted by such inventory takers as are satisfactory to the Lender and following such methodology as is consistent with the methodology used in past cycle counts or as otherwise may be satisfactory to the Lender. The Lender, at the expense of the Borrower, may participate in and/or observe each scheduled physical count of Inventory which is undertaken on behalf of the Borrower. The Borrower, upon the Lender’s reasonable request therefor, shall provide the Lender with a reconciliation of the results of such cycle count and shall post such results to the Borrower’s stock ledger and general ledger, as applicable.
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Cycle Counts. Cause cycle counts to be undertaken, at the expense of the Loan Parties, consistent with past practices, following such methodology as is consistent with the past business practices of the Loan Parties. Upon the Agent’s reasonable request therefor, the Company shall provide the Agent with the results thereof.
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Cycle Counts. Ingram will implement a cycle counting process that meets or exceeds APICS rules governing counts for “A” “B” and “C” products. Inventory accuracy will be maintained and verified by a process that is statistically valid and mutually agreed upon by SmartDisk and Xxxxxx Micro. 1st 12 months, cycle counts must show at least 99.3% inventory accuracy. 2nd 12 months, cycle counts must show at least 99.5% inventory accuracy. 3rd 12 months, cycle counts must show at least 99.7% inventory accuracy This metric is based on performing inventory audits of the memory cage and warehouse storage. The inventory audits of the bin locations verify the following characteristics: SKU # Count of SKU # for the bin location. An annual physical inventory will be required until the following exemption requirements are met: (1) 26 consecutive weeks of cycle counting accuracy of 99.3% or greater, (2) gross adjustments of at most .5% of COGS for the period, (3) net adjustments of at most .25% of ending inventory for the period, and (4) SmartDisk auditors approve. The date of the physical inventory will be agreed upon by SmartDisk and Ingram.
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Cycle Counts. Contractor will be responsible for providing a complete and accurate weekly count of all equipment issued by Vestech, LLC. BACKGROUND & DRUG SCREENING Contractors are responsible for the cost of the Viasat required background and drug screening. QUALITY CONTROL Contractors must be able to perform the jobs that are the basis of the Agreement completely and accurately and within the guidelines established by Viasat. Live Quality Control checks are administered by Viasat for each installation. Contractor’s current and future payments will be adjusted in the event of continuous failed skills evaluations.
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Cycle Counts. 40.01 The physical counts of the products will be done by the members of the bargaining unit and management at various times during the year. At no point will a third-party be contracted to perform this work.
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Related to Cycle Counts

  • Annual Collateral Verification Each year, at the time of delivery of annual financial statements with respect to the preceding Fiscal Year pursuant to Section 5.1(c), Company shall deliver to Collateral Agent a certificate of an Authorized Officer either (i) confirming that there has been no change in such information since the date of the Collateral Questionnaire delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section 5.1(o) or (ii) identifying such changes;

  • Control Accounts; Approved Deposit Accounts Each Loan Party shall (i) deposit in an Approved Deposit Account all Cash it receives, (ii) not establish or maintain any Securities Account or Commodities Account that is not a Control Account and (iii) not establish or maintain any Deposit Account other than an Approved Deposit Account, provided however that notwithstanding the foregoing, each Loan Party may (w) maintain zero-balance accounts for the purpose of managing local disbursements and collections and may maintain payroll, withholding tax and other fiduciary accounts, (x) maintain accounts into which amounts are paid by a governmental entity pursuant to one or more Health Care Laws so long as the amounts on deposit therein are transferred each Business Day to an Approved Deposit Account or any other account permitted to be so utilized under this Section 5.14, (y) maintain other accounts as long as the aggregate monthly average daily balance over the immediately preceding 12-month period for all such Loan Parties in all such other accounts does not exceed $3,000,000 at any time and (z) make pledges or cash deposits permitted by Section 6.02.

  • Deposit Accounts; Credit Card Processors Open new DDAs (other than Excluded DDAs and Retail DDAs) unless the Loan Parties shall have delivered to the Agent appropriate Blocked Account Agreements consistent with the provisions of Section 6.12 and otherwise satisfactory to the Agent. No Loan Party shall maintain any bank accounts or enter into any agreements with Credit Card Issuers or Credit Card Processors other than the ones expressly contemplated herein or in Section 6.12 hereof.

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

  • Previously Reviewed Receivable; Duplicative Tests If any Review Receivable was included in a prior Review, the Asset Representations Reviewer will not conduct additional Tests on such Review Receivable, but will include the previously reported Test results in the Review Report for the current Review. If the same Test is required for more than one representation and warranty, the Asset Representations Reviewer will only perform the Test once for each Review Receivable, but will report the results of the Test for each applicable representation and warranty on the Review Report.

  • Collect Revenues, Apply Accounts Lender, either itself or through a receiver, may collect the payments, rents, income, and revenues from the Collateral. Lender may at any time in Lender’s discretion transfer any Collateral into Lender’s own name or that of Lender’s nominee and receive the payments, rents, income, and revenues therefrom and hold the same as security for the Indebtedness or apply it to payment of the Indebtedness in such order of preference as Lender may determine. Insofar as the Collateral consists of accounts, general intangibles, insurance policies, instruments, chattel paper, choses in action, or similar property, Lender may demand, collect, receipt for, settle, compromise, adjust, xxx for, foreclose, or realize on the Collateral as Lender may determine, whether or not Indebtedness or Collateral is then due. For these purposes, Lender may, on behalf of and in the name of Grantor, receive, open and dispose of mail addressed to Grantor; change any address to which mail and payments are to be sent; and endorse notes, checks, drafts, money orders, documents of title, instruments and items pertaining to payment, shipment, or storage of any Collateral. To facilitate collection, Lender may notify account debtors and obligors on any Collateral to make payments directly to Lender.

  • Accounts Receivable; Inventories The accounts receivable of Seller reflected in the Unaudited Financial Statements and the accounts receivable aging report set forth in Schedule 5.21, as well as such additional accounts receivable as are reflected on the books of Seller on the date hereof, are (except to the extent reserved in accordance with GAAP) valid, genuine and subsisting, arise out of bona fide sales and deliveries of goods, performance of services or other business transactions and to Seller's Knowledge, are not subject to defenses, deductions, set-offs or counterclaims. The inventories reflected on the Unaudited Financial Statements and held by Seller on the date hereof, net of reserves therefor in accordance with GAAP, are usable or saleable in the ordinary course of Business. Such inventories have been reflected on the Unaudited Financial Statements at the lower of cost or market value (taking into account the usability or salability thereof) in accordance with GAAP. None of such inventories have been written up in value or repurchased by, or returned to, Seller at an increased value. All such inventories are owned free and clear and are not subject to any Lien except to the extent reserved against or reflected in the Financial Statements. Since the Financial Statement Date, inventories of raw materials, supplies and products have been purchased by Seller in the ordinary course of the Business, consistent with anticipated seasonal requirements, and the volumes of purchases thereof and orders therefor have not been reduced or otherwise changed in anticipation of the transactions contemplated by this Agreement. Except as set forth in Schedule 5.21 hereto, Seller does not have any Knowledge of any conditions affecting the supply of materials or products available to Seller and, to the Knowledge of Seller, the consummation of the transactions contemplated hereby will not adversely affect any such supply.

  • Lockbox Accounts The names and addresses of all the Lockbox Banks, together with the account numbers of the Lockbox Accounts of the Seller at each Lockbox Bank and the post office box numbers of the lockboxes, are listed on Schedule 6.1(o) (or have been notified to and approved by the Agents in accordance with Section 7.3(d)) and are the only post office boxes and accounts into which Collections of Receivables are deposited or remitted. The Seller has not granted any Person, other than the Administrative Agent for the benefit of the Secured Parties as contemplated by this Agreement, control of any lockbox or Lockbox Account, or the right to take control of any such lockbox or Lockbox Account at a future time.

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