Common use of Inventory Accounting Clause in Contracts

Inventory Accounting. A physical inventory of all Product received by -------------------- Exel and periodic cycle counting shall be conducted by Exel as provided for by the Applicable Procedures and at the termination of this Agreement. Exel will take physical inventories or cycle counts beyond those provided for therein as requested by Customer at Customer's expense. Customer's duly authorized representatives shall have the right to be present at any physical inventory and shall have the right to visit, observe and inspect the Facility, the Product and upon reasonable notice to inspect inventory records at any time during Exel's normal business hours.

Inventory Accounting. A physical inventory of all Product received by -------------------- Exel and periodic cycle counting shall be conducted by Exel as provided for by the Applicable Procedures and at the termination of this Agreement. Exel will take physical inventories or cycle counts beyond those provided for therein as requested by Customer at Customer's expense. Customer's duly authorized representatives shall have the right to be present at any physical inventory and shall have the right to visit, observe and inspect the Facility, the Product and upon reasonable notice to inspect inventory records at any time during Exel's normal business hours.. (c)