Common use of Inventory in Transit Clause in Contracts

Inventory in Transit. Within 10 Business Days following the end of each month, to the extent not listed on any other report required hereby, a schedule of each item of Inventory purchased by Reseller but not yet invoiced which is in transit or for which Reseller otherwise has received an electronic confirmation of shipment.

Appears in 3 contracts

Sources: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)