Inventory Reports. Borrower agrees to furnish Lender with Inventory reports at such times as Lender may request, but at least once each month. Such reports shall be in form and detail satisfactory to Lender. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall in its discretion request.
Appears in 4 contracts
Samples: Loan and Security Agreement (Index Inc), Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (Index Inc)
Inventory Reports. Borrower agrees Borrowers agree to furnish Lender with Inventory reports at such times as Lender may reasonably request, but at least once each month. Such reports shall be in form and detail reasonably satisfactory to Lender. Borrower Borrowers shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall in its reasonable discretion request.
Appears in 1 contract
Inventory Reports. Borrower agrees to furnish Lender with Inventory reports at such times as Lender may request, but at least once each month. Such reports shall be in form and detail satisfactory to Lender. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall in its discretion request.
Appears in 1 contract
Samples: Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc)
