Common use of Inventory Count Clause in Contracts

Inventory Count. Not earlier than three (3) days prior to the Closing Date, the Company, at its expense, shall conduct a physical inventory count of the inventory of the Company and its Subsidiary (the “Inventory Count”), which Inventory Count shall be completed prior to the Closing. In conducting the Inventory Count, inventory quantities shall be determined in accordance with GAAP, applied in a manner consistent with the Audited 1999 Financial Statements. The Parent and the Buyer shall have the right to observe the Inventory Count.

Inventory Count. Not earlier than three (3) days prior to the Closing Date, the Company, at its expense, shall conduct a physical inventory count of the inventory of the Company and its Subsidiary (the “"Inventory Count”"), which Inventory Count shall be completed prior to the Closing. In conducting the Inventory Count, inventory quantities shall be determined in accordance with GAAP, applied in a manner consistent with the Audited 1999 Financial Statements. The Parent and the Buyer shall have the right to observe the Inventory Count.