Inventory Counts Sample Clauses

Inventory Counts. Physical inventory counts of all Bulk Active shall be taken by Bxxxxx at the end of each Calendar Month, reconciled to Bxxxxx’x books and perpetual records, and promptly reported to Guilford in a form and level of detail specified in the Quality Agreement. Data trail/accountability information will be kept by Bxxxxx for all receipts and disbursements of Bulk Active in accordance with the Quality Agreement. All inventories of Bulk Active will be subject to audit by Guilford in accordance with the Quality Agreement.
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Inventory Counts. With respect to any purchase of inventory by Licensor (or a Designated Purchaser) under this Agreement (including pursuant to Article IV), Licensor and Footstar shall each have the right to require an actual physical count and determination of the quantity of such inventory and the qualification (i.e., damaged, unsaleable or Seasonal Inventory) of such inventory for purchase, such count and determination to be performed by RGIS Inventory Services or any other mutually acceptable third party and paid for equally by the parties. The price paid by Licensor in connection with any such purchase of the applicable inventory shall be adjusted in accordance with the result of such physical count and determination.
Sample 1
Inventory Counts. At least once each six month period commencing July 1 and ending December 31, and commencing January 1 and ending June 30, Boston Beer shall perform a physical inventory of all Ingredients, Packaging Materials and finished Case goods of Products in order to reconcile the book inventory to the physical inventory of such Ingredients, Packaging Materials and such finished Case goods of Products. Boston Beer shall notify Diageo at least thirty (30) Business Days prior to the date of such physical inventory and Diageo, at its option, may have Diageo’s auditors and representatives present at such physical inventory. If Diageo or the TTB require more frequent inventory counts, Diageo shall reimburse Boston Beer for any costs associated with the additional inventory counts. [*] indicates that information has been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidentiality treatment.
Sample 1
Inventory Counts. Retailer shall not be responsible for inventory or otherwise counting any Products in Stores. Any such inventories shall be the responsibility of Vendor at its expense (including allocable portions of expense if Vendor elects to use Retailer’s third-party inventory service as described below). For Vendor’s convenience, Retailer will allow Vendor to utilize Retailer’s third party inventory service to conduct inventories for Vendor during Retailer’s normal inventory count; provided, however, Vendor shall ensure that Retailer’s third party inventory service shall not include Products in its inventory of Retailer’s products.
Sample 1
Inventory Counts. With regard to your suggestion that inventory counts be solely performed by 502 Warehouse personnel, we cannot agree with your suggestion for the following reason: Our internal audit policy requirements are that inventory control personnel be responsible for coordination and validation of accuracy of Warehouse counts. They must physically be involved in the documenting and completion of inventory control count or re‐count lists. In essence they act as internal auditors between the times by law that external auditors perform their investigation. I would point out that the practice whereby the inventory control clerk and the Warehouseman work together to perform necessary counts has been a longstanding one at Westshore Terminals Ltd., and will be maintained, thus involving both groups in a vital function. I trust this letter answers any questions you may have in this area.  (Original letter dated and signed by R. Elke, February 10, 1983)  (Reprinted and signed November 29, 1994 by Xxxx Kazuta and Xxxxx Xxxxxxxx)  (Revised and signed July 18, 2007 by Xxxxx Xxxxxxxxxx and Xxxx Birmingham)  (Reprinted and signed June 21, 2012 by Xxxxx Xxxxxxxxxx and Xxxx X’Xxxxx) Reprinted and signed this 31st day of July, 2017 on behalf of: LIMITED PARTNERSHIP WESTSHORE TERMINALS INTERNATIONAL XXXXXXXXX AND WAREHOUSE UNION, LOCAL 502 Xxxxx Xxxxxxxxxx, Director, Human Resources Xxx Xxxxx, President, Local 502 R1‐84 August 9,1984 LETTER OF AGREEMENT between WESTSHORE TERMINALS LTD. and INTERNATIONAL XXXXXXXXX AND WAREHOUSE UNION, LOCAL 502
Sample 1

Related to Inventory Counts

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

  • 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.

  • Eligible Inventory As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • 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.

  • Accounts Receivable; Inventories The accounts receivable of Seller reflected in the Unaudited Financial Statements and the accounts receivable aging report set forth in Schedule 5.21, as well as such additional accounts receivable as are reflected on the books of Seller on the date hereof, are (except to the extent reserved in accordance with GAAP) valid, genuine and subsisting, arise out of bona fide sales and deliveries of goods, performance of services or other business transactions and to Seller's Knowledge, are not subject to defenses, deductions, set-offs or counterclaims. The inventories reflected on the Unaudited Financial Statements and held by Seller on the date hereof, net of reserves therefor in accordance with GAAP, are usable or saleable in the ordinary course of Business. Such inventories have been reflected on the Unaudited Financial Statements at the lower of cost or market value (taking into account the usability or salability thereof) in accordance with GAAP. None of such inventories have been written up in value or repurchased by, or returned to, Seller at an increased value. All such inventories are owned free and clear and are not subject to any Lien except to the extent reserved against or reflected in the Financial Statements. Since the Financial Statement Date, inventories of raw materials, supplies and products have been purchased by Seller in the ordinary course of the Business, consistent with anticipated seasonal requirements, and the volumes of purchases thereof and orders therefor have not been reduced or otherwise changed in anticipation of the transactions contemplated by this Agreement. Except as set forth in Schedule 5.21 hereto, Seller does not have any Knowledge of any conditions affecting the supply of materials or products available to Seller and, to the Knowledge of Seller, the consummation of the transactions contemplated hereby will not adversely affect any such supply.

  • Inventory Reports Within 45 days after the close of each fiscal quarter of Customer, a copy of the Inventory Report (as and to the extent applicable, breaking out Inventory by location, and separately reporting any work in process) of Customer as of the end of such fiscal quarter; and

  • Accounts and Inventory Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "

  • 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.

  • 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.

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