Common use of Physical Inventory Clause in Contracts

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.

Physical Inventory. Borrower shall conduct a physical count of the ------------------ Inventory at such reasonable intervals as FINOVA requests may request 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.

Physical Inventory. Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests its auditors require, but not less than annually and after the occurrence of an Event of Default as requested by FINOVA, 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.

Physical Inventory. Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests reasonably requests, no more frequently than annually, except in the Event of Default, 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 basisvalue) of the Inventory and such additional information with respect to the Inventory as FINOVA may request from time to time.