Record Keeping and Inventory Sample Clauses

Record Keeping and Inventory. Northern shall maintain records of all receipts, deliveries and locations of securities held by it under this Agreement, together with a current inventory thereof. Without limiting the generality of the foregoing, Northern shall comply with such proper instructions from the Trustees or Officers of the Trust as may be issued from time to time in this regard. With respect to securities held by any agent appointed pursuant to Section 8A hereof or any sub-custodian appointed pursuant to Section 8B hereof, Northern may rely upon certificates of the agent or sub-custodian as to its holdings, it being understood that such reliance in no way relieves Northern of its responsibilities under this Agreement. Northern will promptly report to the Trust the results of such inspections, indicating any shortages or discrepancies uncovered thereby, and will take appropriate action to remedy any such shortages or discrepancies.
Sample 1
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Record Keeping and Inventory. State Street shall maintain records ----------------------------- of all receipts, deliveries and locations of securities held by it under this Agreement, together with a current inventory thereof, and shall conduct periodic physical inspections of certificates representing such securities in such manner as State Street shall determine to be advisable or the Fund may reasonably request from time to time in order to verify the accuracy of such inventory. With respect to securities held by any agent appointed pursuant to (S)8A or any sub-custodian appointed pursuant to (S)8B, State Street may rely upon certificates of the agent or sub-custodian as to its holdings, it being understood that such reliance in a no way relieves State Street of its responsibilities under this Agreement. State Street will promptly report to the Fund the results of such inspections, indicating any shortages or discrepancies uncovered thereby, and will take appropriate action to remedy any such shortages or discrepancies.
Sample 1

Related to Record Keeping and Inventory

  • Accounts and Inventory Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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 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

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