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.
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.
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.
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.
Physical Inventory Report. The Physical Inventory Report shall show the value of the Inventory to be at least $5,000,000.
