Access to Inventory Sample Clauses

Access to Inventory. The School agrees to allow the Sponsor reasonable access and the opportunity to review the inventory of public assets and records of such inventory. The inventory records should include; at minimum, the date of purchase, description of purchase, serial number of assets, cost of asset, funding source and current location of item.
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Access to Inventory. Debtor shall permit Creditor’s representatives to have access to its Inventory from time to time, as requested by Creditor, for purposes of audit, examination, inspection, and appraisal thereof and verification of Debtor’s records pertaining thereto. Except after the occurrence and during the continuance of a Default or an Event of Default, Creditor shall give Debtor at least 72 hours written notice (which notice need not be in writing) before exercising the rights granted in the preceding sentence and such audit, examination, inspection, appraisal or verification shall be conducted, to the extent taking place on Debtor’s premises, during normal business hours. Upon demand by Creditor, after an Event of Default and the expiration of any applicable cure period, Debtor shall assemble its Inventory which constitutes Collateral hereunder and make it available to Creditor at Debtor’s place of business. At the request of Creditor, after the occurrence and during the continuance of an Event of Default, Debtor shall provide warehousing space in its own premises to Creditor for the purpose of taking Inventory into the custody of Creditor without removal thereof from such premises and will erect such structures and post such signs as Creditor may require in order to place such Inventory under the exclusive control of Creditor.
Sample 1
Access to Inventory. The Borrowers shall permit the Agent's representatives to have access to their respective inventory from time to time, as requested by the Agent, for purposes of audit, examination, inspection, and appraisal thereof and verification of the Borrowers' records pertaining thereto. Except after the occurrence of an Unmatured Event of Default or an Event of Default, the Agent shall give the Borrowers at least same day telephone notice before exercising the rights granted in the preceding sentence and such rights shall be exercised during normal business hours. Upon demand by the Agent, after the occurrence and during the continuation of an Event of Default, each Borrower shall assemble its inventory which constitutes Collateral hereunder and make it available to the Agent at such Borrower's place of business. At the request of the Agent, after the occurrence and during the continuance of an Event of Default, each Borrower shall provide warehousing space in its own premises to the Agent for the purpose of taking inventory into the custody of the Agent without removal thereof from such premises and will erect such structures and post such signs as the Agent may require in order to place such inventory under the exclusive control of the Agent.
Sample 1
Access to Inventory. (a) FMST shall have access to acquire available inventory of LDI A/P and FMST shall have opportunity to provide available inventory of FMST to LDI A/P. (I) The price of the inventory shall be the cost per books of the inventory item(s) as purchased, with no markup, plus a shipping and handling charge of ten percent (10%) of such cost. Cost shall be defined as the amount normally used by LDI A/P or FMST, whichever is the seller, to value its existing inventory for financial reporting purposes, applied on a consistent basis. (II) The credit terms shall be the same as the provider makes available to its customers in good standing. (b) No inventory shall be acquired by FMST or provided to LDI A/P except through the normal processes, systems and controls that would be used by each party in a purchase and sale of product from or to a third party. (I) Each shipment of product must be invoiced from the providing organization to the receiving organization in the same manner as a normal customer, with the pricing in compliance with Section 2.(a)(I) of this Agreement. (II) The receiving organization must reflect the receipt against the open purchase order in the same manner as normal supplier receipts. (III) The invoice must be recorded by the receiving organization in accounts payable and paid in accordance with the credit terms of Section 2.(a)(II) of this Agreement. (c) No inventory may be transferred from FMST to LDI A/P if the effect is to divert any customer shipment or order from FMST to LDI A/P.
Sample 1
Access to Inventory. On the date after the entry of the Bid Procedures Order, the Seller shall have given to the Buyer reasonable access to the Inventory and any documentation, data and records relating to the Inventory.
Sample 1

Related to Access to Inventory

  • As to Equipment and Inventory Grantor hereby agrees that it shall: (a) keep all the Equipment and Inventory (other than Inventory in transit and Inventory sold in the ordinary course of business) at the places therefor specified in Section 3.1.1 or, upon 30 days' prior written notice to Agent, at such other places in a jurisdiction where all representations and warranties set forth in Article III (including Section 3.1.6) shall be true and correct, and all action required pursuant to the first sentence of Section 4.1.7 shall have been taken with respect to the Equipment and Inventory; (b) with respect to any Equipment or Inventory in the possession or control of any Third Party or any of Grantor's agents, notify such Third Party or agent of Agent's security interest in such Equipment or Inventory and, upon Agent's request following the occurrence and during the continuance of an Event of Default, direct such Third Party or agent to hold all such Equipment or Inventory for Agent's account and subject to Agent's instructions; (c) cause the Equipment to be maintained and preserved in the same condition, repair and working order as when new, ordinary wear and tear excepted, and in accordance with any manufacturer's manual; and forthwith, or in the case of any material loss or damage to any of the Equipment, as quickly as practicable after the occurrence thereof, make or cause to be made all repairs, replacements, and other improvements in connection therewith which are necessary or desirable to such end; and promptly furnish to Agent a statement respecting any loss or damage to any of the Equipment within ten (10) business days after Grantor obtains knowledge of any such loss or damage; and (d) pay promptly when due all property and other taxes, assessments and governmental charges or levies imposed upon, and all claims (including claims for labor, materials and supplies) against, the Equipment and Inventory, except to the extent the validity thereof is being contested in good faith by appropriate proceedings and for which adequate reserves in accordance with Generally Accepted Accounting Principles have been set aside.

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • Location of Inventory and Equipment The Inventory and Equipment are not stored with a bailee, warehouseman, or similar party (without Foothill's prior written consent) and are located only at the locations identified on Schedule 6.12 or otherwise permitted by Section 6.12.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Inventory and Supplies Administrator shall order, purchase and provide to the Group on a timely basis inventory and supplies, and such other ordinary, necessary or appropriate materials which are requested by the Group and which the Group shall reasonably determine to be necessary in the operation of the Practice on the same terms commercially available to Administrator. Such inventory, supplies and other materials shall be included in Practice Expenses at their cost to Parent or Administrator, as the case may be.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • SIGNIFICANT LANDS INVENTORY FINDING Find that this activity is consistent with the use classification designated by the Commission for the land pursuant to Public Resources Code section 6370 et seq.

  • Access to Collateral; Books and Records Allow Bank, or its agents, at reasonable times, on one (1) Business Day’s notice (provided no notice is required if an Event of Default has occurred and is continuing), to inspect the Collateral and audit and copy Borrower’s Books. Such inspections or audits shall be conducted no more often than once every twelve (12) months unless an Event of Default has occurred and is continuing in which case such inspections and audits shall occur as often as Bank shall determine is necessary. The foregoing inspections and audits shall be at Borrower’s expense, and the charge therefor shall be Eight Hundred Fifty Dollars ($850) per person per day (or such higher amount as shall represent Bank’s then-current standard charge for the same), plus reasonable out-of-pocket expenses. In the event Borrower and Bank schedule an audit more than ten (10) days in advance, and Borrower cancels or seeks to reschedule the audit with less than ten (10) days written notice to Bank, then (without limiting any of Bank’s rights or remedies), Borrower shall pay Bank a fee of One Thousand Dollars ($1,000) plus any out-of-pocket expenses incurred by Bank to compensate Bank for the anticipated costs and expenses of the cancellation or rescheduling.

  • Maintaining Records; Access to Properties and Inspections Maintain financial records in accordance with GAAP and, upon reasonable notice, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of the Borrower or any Significant Subsidiary during normal business hours and to discuss the affairs, finances and condition of the Borrower or any Significant Subsidiary with the officers thereof and independent accountants therefor.

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