Common use of Inventory Count; Perpetual Inventory System Clause in Contracts

Inventory Count; Perpetual Inventory System. Such Grantor will conduct cycle counts of its Inventory in a manner consistent with past business practices and reasonably acceptable to such Grantor’s auditors. Upon the request of the Administrative Agent in connection with any field examination conducted in accordance with Section 5.07(b) of the Credit Agreement, such Grantor, at its own expense, shall deliver to the 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.

Inventory Count; Perpetual Inventory System. Such To the extent reasonably requested by the Agent, such Grantor will conduct cycle counts of its Inventory in a manner consistent with past business practices and reasonably acceptable to such Grantor’s auditors. Upon the request physical count of the Administrative Agent in connection with any field examination conducted in accordance with Section 5.07(b) Inventory at least once per fiscal year. After and during the continuation of an Event of Default, such Grantor will conduct a physical count of the Credit Agreement, Inventory at such other times as the Agent requests. Such Grantor, at its own expense, shall deliver to the Administrative 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.

Inventory Count; Perpetual Inventory System. Such Grantor will conduct cycle counts of its Inventory in a manner consistent with past business practices and reasonably acceptable to the Administrative Agent; provided that if an Event of Default is continuing, the Administrative Agent may require that such Grantor conduct a physical count of its Inventory, at such Grantor’s auditorsexpense, within ten days of such request. Upon the request of the Administrative Agent in connection with any field examination conducted in accordance with Section 5.07(b) of the Credit Agreement, such Such Grantor, at its own expense, shall deliver to the Administrative 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.

Inventory Count; Perpetual Inventory System. Such Grantor will conduct cycle counts a verification, including without limitation, a physical count if required under GAAP, of its Inventory at least once per fiscal year in a manner consistent with past business practices practices, and reasonably acceptable to after and during the continuation of an Event of Default, at such Grantor’s auditors. Upon the request of other times as the Administrative Agent in connection with any field examination conducted in accordance with Section 5.07(b) of the Credit Agreement, such requests. Such Grantor, at its own expense, shall deliver to the Administrative 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.