Common use of Inventory Count Clause in Contracts

Inventory Count. Such Grantor will conduct a physical count of its Inventory consistent with past practice at least once per fiscal year, and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably requests. 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.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (NBC Acquisition Corp), Guarantee and Collateral Agreement (Nebraska Book Co)

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Inventory Count. Such The Grantor will conduct a physical count of its Inventory consistent with past practice at least once per fiscal yearFiscal Year (at one time or by cycle counting in each case in accordance with GAAP), and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably requests. Such Upon the request of the Administrative Agent, the Grantor, at its Grantor’s own expense, shall deliver to the 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.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc)

Inventory Count. Such The Grantor will conduct a physical count of its Inventory consistent with past practice at least once per fiscal yearFiscal Year, and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably Lender requests. Such The Grantor, at its own expense, shall deliver to the Administrative Agent Lender 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Supreme Industries Inc)

Inventory Count. Such The Grantor will conduct a physical count of its the Inventory consistent with past practice at least once per fiscal yearFiscal Year, and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably Lender requests. Such The Grantor, at its own expense, shall deliver to the Administrative Agent Lender 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Koss Corp)

Inventory Count. Such Grantor will conduct a physical count of its Inventory consistent with past practice at least once per fiscal year (beginning with the 2024 fiscal year), and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably requests. 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tredegar Corp)

Inventory Count. Such Grantor will conduct a physical count of its Inventory consistent with past practice at least once per fiscal year, and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably requests. 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.

Appears in 1 contract

Samples: Credit Agreement (Smurfit Stone Container Corp)

Inventory Count. Such The Grantor will conduct a physical count of its the Inventory consistent with past practice at least once per fiscal yearFiscal Year, and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably requests. Such The Grantor, at its own expense, shall deliver to the 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Superior Offshore International Inc.)

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Inventory Count. Such Grantor will conduct a physical count of its Inventory consistent with past practice at least once per fiscal year, and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably requests. 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.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (NBC Acquisition Corp)

Inventory Count. Such Grantor will conduct a physical count of its Inventory consistent with past practice at least once per fiscal yearFiscal Year, and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Agent reasonably requests. 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (A. H. Belo CORP)

Inventory Count. Such Grantor will will, to the extent required by the Grantor’s accountants, conduct a physical count of its Inventory consistent with past practice at least once per fiscal yearFiscal Year (or at such intervals as required by the Grantor’s accountants), and after the occurrence and during the continuation of an Event of Default, at such other times as the Administrative Collateral Agent reasonably requests. Such Grantor, at its own expense, shall deliver to the Administrative 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Lev Pharmaceuticals Inc)

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