Physical Inventory Report Sample Clauses

Physical Inventory Report. Annually within fifteen (15) calendar days of the end of each fiscal year, prepared as of such fiscal year end, a report of Borrower’s physical inventory audit conducted as of such date.
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Physical Inventory Report. The supplier shall complete and submit an annual physical inventory report each year of all GP currently in their care & control. The report must including the following: • Part number, name, and description; • Quantity on hand; • Purchase Order number or equivalent code designation; • Unit value; • Location; and, • Quantity quarantined or identified as LTDD The total of this inventory should equal the amount of GP received. Any discrepancies or variances to GP received must be explained in the report.
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Physical Inventory Report. “Physical Inventory Report” means the report prepared by Nautilus to record the quantities of the items included as part of the Commercial Fitness Equipment being sold to Buyer. The Physical Inventory Report will be subject to adjustment as of the Closing to reflect the sales made by Nautilus between the date of the Inventory and the close of business on 18 February 2010.
Sample 1
Physical Inventory Report. On a date or dates mutually acceptable to Buyer and Seller (each at their own expense), Buyer and Seller shall jointly, and using individuals or parties mutually acceptable to Buyer and Seller, cause to be prepared a count and valuation of the Inventory (the "Physical Inventory Report"), which shall be signed jointly by Buyer and Seller for identification purposes within five (5) days prior to the Closing. The Inventory shall be valued on a current cost basis, shall take into account the cost records of Seller relating to the Inventory, and shall also take into account an observation of the Inventory in order to determine the marketability of the Inventory as of the date of the Physical Inventory Report.
Sample 1
Physical Inventory Report. The Physical Inventory Report shall show the value of the Inventory to be at least $5,000,000.
Sample 1

Related to Physical Inventory Report

  • Physical Inventory The Contractor shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract completion or termination. The Property Administrator may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor’s system or the property is to be transferred to a follow-on contract).

  • Inventory Reports Within 45 days after the close of each fiscal quarter of Customer, a copy of the Inventory Report (as and to the extent applicable, breaking out Inventory by location, and separately reporting any work in process) of Customer as of the end of such fiscal quarter; and

  • 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.

  • Inventory Records Each Loan Party keeps correct and accurate records itemizing and describing the type, quality, and quantity of its and its Subsidiaries’ Inventory and the book value thereof.

  • 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.

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

  • 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.

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects.

  • Inventory; Returns Keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its Account Debtors shall follow Borrower’s customary practices as they exist at the Effective Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims that involve more than One Hundred Thousand Dollars ($100,000).

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