Common use of Closing Inventory Clause in Contracts

Closing Inventory. On or prior to the Closing Date, representatives of Seller and Buyer shall jointly conduct an inventory of all the Inventory on hand at each of the Restaurants, together with all Inventory on order as of the Closing Date. The results of this inventory shall be reasonably satisfactory to the parties and shall be attached hereto as SCHEDULE 5.5 as soon as practicable after the Closing Date. As of the Closing Date, Seller shall cause all of the Inventory at the Restaurants to remain at the Restaurants for operational purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ich Corp /De/)

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Closing Inventory. On or prior to the Closing Date, representatives of Seller each of the Sellers and Buyer shall jointly conduct an inventory of all the Inventory and the Xxxxx Cash on hand at each of the Restaurants, together with Restaurants and all Inventory on order as of the Closing Date. The results of this inventory shall be reasonably satisfactory to the parties and shall be attached hereto as SCHEDULE 5.5 Schedule 4.5 as soon as practicable after the Closing Date. As of the Closing Date, Seller each of the Sellers shall cause all of the Inventory at and the Xxxxx Cash for each of the Restaurants for operational purposes to remain at the Restaurants for operational purposesRestaurants.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ich Corp /De/)

Closing Inventory. On or prior to the Closing Date, representatives of Seller each of the Sellers and Buyer shall jointly conduct an inventory of all the Inventory on hand at each of the Restaurants, together with all Inventory on order as of the Closing Date. The results of this inventory shall be reasonably satisfactory to the parties and shall be attached hereto as SCHEDULE Schedule 5.5 as soon as practicable after the Closing Date. As of the Closing Date, Seller the Sellers shall cause all of the Inventory at the Restaurants to remain at the Restaurants for operational purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ich Corp /De/)

Closing Inventory. On or prior to the Closing Date, representatives of the Seller and Buyer shall jointly conduct an inventory of all the Inventory on hand at each of the Restaurants, together with all Inventory on order as of the Closing Date. The results of this inventory shall be reasonably satisfactory to the parties and shall be attached hereto as SCHEDULE Schedule 5.5 as soon as practicable after the Closing Date. As of the Closing Date, Seller the Sellers shall cause all of the Inventory at the Restaurants to remain at the Restaurants for operational purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ich Corp /De/)

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Closing Inventory. On or prior to the Closing Date, representatives of each of the Seller and Buyer shall jointly conduct an inventory of all the Inventory on hand at each of the RestaurantsOperating Restaurant, together with all Inventory on order as of the Closing Date. The results of this inventory shall be reasonably satisfactory to the parties and shall be attached hereto as SCHEDULE Schedule 5.5 as soon as practicable after the Closing Date. As of the Closing Date, the Seller shall cause all of the Inventory at the Restaurants Operating Restaurant to remain at the Restaurants Operating Restaurant for operational purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ich Corp /De/)

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