Perpetual Inventory System. The Grantor will maintain a perpetual inventory reporting system at all times.
Perpetual Inventory System. The Grantor will maintain a perpetual inventory reporting system at all times. 4.4 Delivery of Instruments, Securities, Chattel Paper and Documents. As to all Chattel Paper and Instruments constituting part of the Collateral, the Grantor will (a) deliver to the Administrative Agent immediately upon execution of this Security Agreement the originals of all Chattel Paper, Securities (other than the Fingerhut SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral (if any then exist), (b) hold in trust for the Administrative Agent upon receipt and immediately thereafter deliver to the Administrative Agent any Chattel Paper, Securities (other than the Fingerhut SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral, and (c) upon the Administrative Agent’s request, deliver to the Administrative Agent (and thereafter hold in trust for the Administrative Agent upon receipt and immediately deliver to the Administrative Agent) any Document evidencing or constituting Collateral. The Grantor hereby authorizes the Administrative Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral set forth in such Amendments shall be considered to be part of the Collateral. 4.5
Perpetual Inventory System. The Borrowers will perform monthly physical inventory counts and audits at Outlook Packaging, Outlook Foods and Barrier and deliver the results thereof to the Lender within fifteen (15) days after the last day of each calendar month until the Borrowers have implemented perpetual inventory systems for those Borrowers and the Lender is satisfied with the test count results as a verification of the accuracy of those perpetual inventory systems.
Perpetual Inventory System. The Borrowers agree to install a -------------------------- perpetual inventory system at BPI as soon as possible after the Closing Date and in any event on or before December 31, 1999.
Perpetual Inventory System. Implement, by no later than November 30, 1998, a fully functional perpetual inventory system satisfactory to Lender."
Perpetual Inventory System. USA and BTU must have a tested Perpetual Inventory System in place covering all of their inventory on or before January 3 1, 1999.
Perpetual Inventory System. USA must have a tested Perpetual Inventory System in place covering all of their inventory on or before June 30, 1999."
Perpetual Inventory System. Within 90 days after the closing date, Borrower will update and reorganize its perpetual Inventory reporting system in a manner acceptable to Lender, which shall be verified by an acceptable Inventory test count conducted by Lender.
Perpetual Inventory System. By September, 30, 2005, establish and implement a perpetual inventory system acceptable to the Agents.
Perpetual Inventory System. By no later than June 30, 2004, Borrower shall implement a perpetual inventory system by SKU# satisfactory to Bank.
