Physical Inventory Count. Each of the Borrowers and Foamex Canada shall perform a physical count of its Inventory no less frequently than once each fiscal month if such Inventory is located at a site at which the Borrowers or Foamex Canada, as the case may be, have not implemented a perpetual Inventory system that is satisfactory to the Administrative Agent in its reasonable discretion.
Appears in 4 contracts
Samples: Possession Credit Agreement (Foamex L P), Credit Agreement (Foamex International Inc), Credit Agreement (Foamex International Inc)