Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Year, and after and during the continuation of a Default, at such other times as the Collateral Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 8 contracts
Samples: Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.)
Inventory Count; Perpetual Inventory System. Such The Grantor will conduct a physical count of its the Inventory at least once per Fiscal Year, and after and during the continuation of a Default, at such other times as the Collateral Agent Lender requests. Such The Grantor will maintain a perpetual inventory reporting system at all times. The Grantor, at its own expense, shall deliver to the Collateral Agent Lender the results of each physical verification, which such the Grantor has may in its discretion have made, or has caused any other Person to make have made on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 7 contracts
Samples: Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 7 contracts
Samples: Pledge and Security Agreement (Tile Shop Holdings, Inc.), Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent reasonably requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent promptly upon request the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 4 contracts
Samples: u.s. Security Agreement (Levi Strauss & Co), Security Agreement (Levi Strauss & Co), Security Agreement (Levi Strauss & Co)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year of such Grantor, and after and during the continuation of a an Event of Default, at such other times as the Collateral Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc), Senior Secured Credit Agreement (Lifetime Brands, Inc), Second Lien Credit Agreement (Lifetime Brands, Inc)
Inventory Count; Perpetual Inventory System. Such Grantor The Grantors will conduct a physical count of its the Inventory at least once per Fiscal Year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent reasonably requests. Such GrantorThe Grantors, at its their own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such any Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor The Grantors will maintain a perpetual inventory reporting system at all times.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory or other similar procedure in accordance with GAAP at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Smithfield Foods Inc), Pledge and Security Agreement (Smithfield Foods Inc), Pledge and Security Agreement (Smithfield Foods Inc)
Inventory Count; Perpetual Inventory System. Such The Grantor will conduct a physical count of its Inventory at least once per Fiscal Year, and after and during the continuation of a Default or an Event of Default, at such other times as the Collateral Agent requests. Such The Grantor, at its own expense, shall deliver to the Collateral Agent the results of each physical verification, which such the Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such The Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Overhill Farms Inc), Pledge and Security Agreement (Overhill Farms Inc)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Action Performance Companies Inc), Pledge and Security Agreement (Newpark Resources Inc)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after upon the occurrence and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 2 contracts
Samples: Pledge and Security Agreement (CarParts.com, Inc.), Pledge and Security Agreement (Farmer Brothers Co)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after upon the occurrence and during the continuation of a Defaultan Event of Default , at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each such physical verificationcount once per fiscal year, which such Grantor has madeand upon the occurrence and during the continuation of an Event of Default, or has caused the results of any other Person to make on its behalf, of all or any portion of its Inventoryadditional physical counts requested by the Administrative Agent . Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 2 contracts
Samples: Credit Agreement (Farmer Brothers Co), Pledge and Security Agreement (Farmer Brothers Co)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent reasonably requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any material portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Agent requests. Such Grantor, at its own expenseexpense upon request of the Collateral Agent, shall deliver to the Collateral Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Samples: Pledge and Security Agreement (Altra Holdings, Inc.)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent reasonably requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Samples: Pledge and Security Agreement (Friedman Industries Inc)
Inventory Count; Perpetual Inventory System. Such The Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such The Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such the Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such The Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after upon the occurrence and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent reasonably requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Year, and after and during the continuation of a an Event of Default, at such other times time as the Collateral Administrative Agent requestsmay reasonably request. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its or the Administrative Agent’s behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Samples: Security Agreement (Furniture Brands International Inc)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its the Inventory of such Grantor at least once per Fiscal YearYear and, and after and during the continuation of a an Event of Default, at such other times as the Collateral Agent reasonably requests. Such Grantor, at its own expense, shall deliver to the Collateral Agent the results of each physical verification, verification which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Samples: Pledge and Security Agreement (Iron Mining Group, Inc.)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Agent Lender requests. Such Grantor, at its own expense, shall deliver to the Collateral Agent Lender the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Samples: Pledge and Security Agreement (Par Technology Corp)
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its the Inventory at least once per Fiscal Yearfiscal year of the Company, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Agent reasonably requests. Such Grantor, at its own expense, shall deliver to the Collateral Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any material portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory in cycles at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Each Grantor will conduct a physical count of its the Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral US Administrative Agent requests. Such Each Grantor, at its own expense, shall deliver to the Collateral US Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Each Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Each Grantor will conduct a physical count of its the Inventory at least once per Fiscal Yearfiscal year, and after and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Each Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Each Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract
Inventory Count; Perpetual Inventory System. Such Grantor will conduct a physical count of its Inventory at least once per Fiscal Yearfiscal year, and after the occurrence and during the continuation of a an Event of Default, at such other times as the Collateral Administrative Agent requests. Such Grantor, at its own expense, shall deliver to the Collateral Administrative Agent the results of each physical verification, which such Grantor has made, or has caused any other Person to make on its behalf, of all or any portion of its Inventory. Such Grantor will maintain a perpetual inventory reporting system at all times.
Appears in 1 contract