Monthly Inventory Report Clause Samples
The Monthly Inventory Report clause requires a party to provide regular, typically monthly, updates detailing the current inventory levels relevant to the agreement. In practice, this means the responsible party must compile and submit a report listing quantities, descriptions, and statuses of goods or materials on hand at the end of each month. This clause ensures transparency and enables both parties to monitor stock levels, facilitating better planning and reducing the risk of supply shortages or overstocking.
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Monthly Inventory Report. As soon as practicable and in any event within five (5) Business Days after the end of each fiscal month (including the fiscal month in which this Agreement is executed), the Borrower shall furnish to the Lenders a monthly inventory report in form and substance reasonably satisfactory to the Agent and certified by a Designated Financial Officer of the Borrower.
Monthly Inventory Report. In addition to Borrower's other obligations set forth in this Agreement, Borrower agrees to provide to DFS by the 10th business day of each month, as of the last day of the immediately prior month a listing of all Inventory then owned by Borrowerin which DFS has a security interest.
Monthly Inventory Report. A Monthly Inventory Report signed by the Controller, Senior Vice President of Finance or principal financial or accounting officer of the Borrower in substantially the form of Exhibit E to the Original Credit Agreement. Multiemployer Plan. Any multiemployer plan within the meaning of Section 3(37) of ERISA maintained or contributed to by the Borrower or any ERISA Affiliate. Net Proceeds. With respect to any sale or other disposition of any asset by any Person or any issuance of Indebtedness or equity securities of such Person, the excess of (i) the gross cash proceeds received by such Person from such sale or disposition or, as the case may be, such issuance, plus, as and when received, all cash payments received subsequent to such sale or disposition or such issuance representing (A) any deferred purchase price therefor or (B) any cash proceeds from the sale or other disposition of any cash equivalents (or any deferred purchase price obligations) received therefor over (ii) the sum of (A) a reasonable reserve for any liabilities payable incident to such sale or disposition or such issuance, (B) reasonable direct costs and expenses incurred by such Person in connection with such sale or disposition or such issuance (including, without limitation, reasonable brokerage, legal, investment banking, accounting, consulting, survey, title and recording fees and commissions), (C) all payments actually made on any Indebtedness (other than the Obligations) or other obligations which are secured by any assets subject to such sale or disposition which are required to be repaid out of the proceeds from such transaction and (D) actual tax payments made or to be made in connection therewith. New Issuance Prepayment. See Section 5.4.4.
Monthly Inventory Report. Within ten (10) days after the end of each month during the term of this Agreement, Distributor shall provide Supplier with an inventory report.
Monthly Inventory Report. As soon as available and in any event within 15 days after the end of each month, a summary of each Borrower’s inventory, certified by LMC’s chief financial officer;
Monthly Inventory Report. No later than the tenth day of each month, the Borrower shall deliver to the Agent an inventory report in form satisfactory to the Agent indicating the number of Timeshare Interests sold and unsold at each Eligible Project, identified by Unit and type or color of Timeshare Interest.
Monthly Inventory Report. As soon as practical, but no later than two (2) business days following the close of each month, Management shall provide the Department with a Summary of Physical Inventories in the form shown in Exhibit E, which shall reflect the opening and closing of physical inventory values for each major category of merchandise, supplies and materials, as well as the net changes in balances. The Department, at its discretion and without notice, may elect to observe and/or participate in inventory taking procedures.
Monthly Inventory Report. At the time of the delivery of the report described in Section 8.3.1, a summary of the inventory of the Loan Parties subject to Rental Contracts and the total inventory of the Loan Parties, in form and content acceptable to the Agent