Physical Count definition

Physical Count means a physical count of Borrowers' Inventory (the methodology and implementation of such physical count to be satisfactory to Agent in its Permitted Discretion), conducted by an appraisal, accounting, auction, or other professional firm acceptable to Agent.
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Physical Count means that part of the Services provided on User’s physical location(s) to count the inventory in the Area.
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Physical Count means the physical count of the Purchased Cash located at each facility in accordance with customary industry practice and applicable Laws to determine the definitive amount of Purchased Cash located at such facility as of the Effective Time.
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Examples of Physical Count in a sentence

  • Purchaser and its Affiliates and their respective Representatives shall have the right to monitor the Physical Count as well to have access at such reasonable times and to all such Confirmed Inventory Locations as Purchaser may reasonably request to conduct an inspection of all Inventory and Excluded Inventory located at such Confirmed Inventory Locations.

  • Based on the Physical Count, the Sellers shall confirm and identify all Inventory and Excluded Inventory at each Confirmed Inventory Location (such Inventory and Excluded Inventory, the “Confirmed Inventory”).

  • Subject to compliance with applicable Law (including Gaming Laws), Parent shall have the right to designate one or more employees or advisors to observe the Physical Count at any one or more locations at which the Physical Count may be conducted, and Buyer shall arrange for access for such designees.

  • Parent shall have the right to review and inspect all records regarding and query all personnel involved in the Physical Count for 90 days after the Closing Date and, within such period, to raise any objections regarding the conduct of the Physical Count or identify any discrepancies or errors which Parent may identify in the Physical Count.

  • At least seven (7) calendar days prior to the Physical Count, the Sellers shall notify Purchaser of the address of each Confirmed Inventory Location and the date(s) and time(s) when the Physical Inventory is scheduled at each such Confirmed Inventory Location and shall provide Purchaser with a schedule setting forth (A) the Inventory and Excluded Inventory located at each Confirmed Inventory Location and (B) all Inventory and Excluded Inventory.

  • A physical count of the Inventory shall be conducted jointly by Buyer and Sellers immediately prior to the Closing Date (the "Closing Date Physical Count").

  • Buyer shall conduct the Physical Count in accordance with customary industry practices and applicable Law (including Gaming Laws) within seven days following the Closing Date.

  • Such Updated Physical Count shall be used to calculate the Final Purchase Price, as set forth in Section 2.4. and the Closing Net Working Capital.

  • At least two licensed and experienced personnel of Buyer at each facility where the Physical Count is conducted shall certify in writing the amount of Purchased Cash located at such facility which is counted in the Physical Count, and Buxxx xhall deliver such signed written certifications to Parent within five days of the completion of the Physical Count.

  • Very truly yours, HILCO MERCHANT RESOURCES, LLC -------------------------------- By: Title: 196 FRANK'S NURSERY & CRAFTS EXHIBIT 4.1 Occupany Page 1 197 DRAFT EXHIBIT 5.1 FRANK'S NURSERY & CRAFTS/ HILCO MERCHANT RESOURCES, LLC LIQUIDATION INVENTORY INSTRUCTION SUPPLEMENT Store Manager, Frank's Nursery & Crafts Representative, and Liquidation Representative Guidelines This guide outlines only the critical variations between the normal "Physical Count Instructions" and the Liquidation Agreement.


More Definitions of Physical Count

Physical Count or “verification” means the physical counting or stock-take procedures performed on inventory held in a warehouse/storeroom;
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Physical Count has the meaning ascribed to it in Section 3.5(a)(ii).
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Physical Count has the meaning set forth in Section 6.2
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Related to Physical Count

  • Physical Collocation shall have the meaning set forth in Section 8.1.1.

  • Physical abuse means any physical injury, mental injury, or threatened injury, inflicted by a person responsible for the child’s care other than by accidental means; or any physical or mental injury that cannot reasonably be explained by the child’s history of injuries or any aversive or deprivation procedures, or regulated interventions, that have not been authorized by Minn. Stat. § 125A.0942 or § 245.825.

  • Physical therapist means an individual who is licensed by a state to practice physical therapy.

  • Physical custody means the physical care and supervision of a child.

  • Physical therapy means services provided by a qualified physical therapist.

  • Physical disability means a severe, chronic condition that is attributable to a physical impairment that results in substantial limitations of physical functioning in three or more of the following areas of major life activities: self-care, receptive and expressive language, learning, mobility, self-direction, capacity for independent living, and economic self-sufficiency.

  • Joint physical custody means an order awarding each of the parents significant, but

  • Physical Escort means the temporary touching or holding the hand, wrist, arm, shoulder, or back of a student who is acting out for the purpose of inducing the student to walk to a safe location.

  • Office means the registered office for the time being of the Company;

  • Mental Sickness means any emotional, behavioral, psychological, personality, adjustment, mood or stress- related abnormality, disorder, disturbance, dysfunction or syndrome; regardless of its cause. It includes, but is not limited to:

  • Corporate Trust Office means the office of the Trustee at which, at any particular time, its corporate trust business shall be principally administered, which office at the date hereof is located at .

  • Has a record of such an impairment means has a history of, or has been misclassified as having, a mental or physical impairment that substantially limits one or more major life activi- ties.