Physical Inventory and storage Sample Clauses

Physical Inventory and storage. IAI and Supplier will agree in writing on the results of the physical inventory count prior to Supplier's acceptance of any IPM Materials. Supplier will store all IPM Materials at the FSL in a segregated area and shall not commingle IPM Materials with any other Materials, equipment or personal property of any other person or entity. This segregated area will be identified with a sign stating "IAI Owned Goods, owned by Israel Aircraft Industries. In addition, IAI's identification tags shall be attached to IPM Materials while at the FSL. Said separate area will be adequate for warehousing and storing IPM Materials delivered from IAI to Supplier. Supplier will use the same degree of care in keeping records of and maintaining security for IPM Materials as Supplier uses with respect to its own, or other customers' inventory (and in no event less than reasonable care) and will keep IPM Materials free and clear of all Liens arising through Supplier or out of or in connection with Supplier's possession thereof. Supplier shall complete documentation as required by Israeli law or otherwise reasonably required by IAI to properly record IAI's ownership and /or security interest in the Inventory, including, financing statements, fixed and/or floating charges, and/or FAA filings, as applicable, and Supplier will provide assistance to IAI, as reasonably requested by IAI, in completing such other documentation which may be required, if any, to ensure proper recordation of IAI's ownership interests in the IPM Materials. Supplier will be responsible for any loss or damage from any cause whatsoever to the Inventory during the Term.
Sample 1
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Related to Physical Inventory and storage

  • Physical Inventory Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests and promptly supply FINOVA with a copy of such accounts accompanied by a report of the value (calculated at the lower of cost or market value on a first in, first out basis) of the Inventory and such additional information with respect to the Inventory as FINOVA may request from time to time.

  • 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.

  • 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.

  • Physical Inventories (a) The Collateral Agent, at the expense of the Loan Parties, may participate in and/or observe each physical count and/or inventory of so much of the Collateral as consists of Inventory which is undertaken on behalf of the Borrowers so long as such participation does not disrupt the normal inventory schedule or process.

  • Location of Inventory and Equipment The Inventory and Equipment are not stored with a bailee, warehouseman, or similar party (without Foothill's prior written consent) and are located only at the locations identified on Schedule 6.12 or otherwise permitted by Section 6.12.

  • 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.

  • Inventory and Equipment with Bailees Store the Inventory or Equipment of Parent, Borrowers or their respective Subsidiaries at any time now or hereafter with a bailee, warehouseman, or similar party.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • 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.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

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