INVENTORY CERTIFICATION Clause Samples
The Inventory Certification clause requires a party, typically a seller or supplier, to formally confirm the accuracy and completeness of the inventory being reported or transferred. In practice, this means the certifying party must verify that the listed inventory exists, is in the stated condition, and is free from undisclosed liens or encumbrances. This clause helps ensure transparency and trust between parties by reducing the risk of disputes over inventory discrepancies and providing a clear basis for accountability.
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INVENTORY CERTIFICATION. Within two days after the end of each week, an Inventory certification report as of the end of the preceding week for all Inventory locations, in form and content acceptable to the Lender.
INVENTORY CERTIFICATION. Within twenty (20) days after the end of each month, an Inventory certification report as of the end of the month for all Inventory locations of Borrower in form and content reasonably acceptable to Agent.
INVENTORY CERTIFICATION. If so requested by Administrative Agent, an Inventory certification report as of the end of the month for all Inventory locations of each Borrower and the Designated Subsidiaries as of the end of such month, in the form provided in the Borrowing Base Certificate attached hereto as Exhibit A.
INVENTORY CERTIFICATION. Within 15 days after the end of each month, (i) an US Bank Inventory certification report as of the end of the preceding month for all US Bank Inventory locations, and (ii) a certification of Ineligible Inventory and Inventory that is not US Bank Inventory in form and content acceptable to the Lender.
INVENTORY CERTIFICATION. If so requested by Agent, and, even if no such request has been received, within thirty (30) days after the end of each month after Borrower has requested the initial disbursement of Revolving Loans hereunder, an Inventory certification report as of the end of the month for all Inventory locations of Borrower and the Designated Subsidiaries as of the end of such month, in form substantially as attached hereto as Exhibit B.
INVENTORY CERTIFICATION. 74 8.1.5. Trailing Liabilities . . . . . . . . . . . . . . . . . . 74 8.1.6.
INVENTORY CERTIFICATION. Within 15 days after the end of each month, an Inventory certification report as of the end of the preceding month for all Inventory locations showing the amount of each component of the Borrower's Inventory and the amount of each component of the Borrower's Costs, and the amount of work in process, and a copy of the Borrower's job status report as of the end of the preceding month, showing the amount of each component of the Borrower's work in process, all in form and content acceptable to the Lender.
INVENTORY CERTIFICATION. Within twenty (20) days after the end of each fiscal month of Holdings, an Inventory certification report as of the end of such month for all Inventory locations of each Borrower, in form and content acceptable to Lender, which shall include, in any event, a specification of any Inventory consigned by or to each Borrower.