Inventory Reconciliation. 10.2.1 Supplier shall maintain accurate inventory records of Consigned Inventory, Consigned Repairs Components, Direct Fulfillment Inventory, and Component Inventory using Sycamore’s part numbers.
Inventory Reconciliation. CONFIDENTIAL: Walgreens has designated this section 4.5 as confidential.
Inventory Reconciliation. Within thirty (30) days after the completion of the Inventory Taking, Merchant, Agent and General Electric Capital Corporation (“GECC”), in its capacity as administrative agent for itself and the other lenders (the “Lenders”) party to the Merchant’s senior secured, super-priority debtor-in-possession credit facility (the “DIP Facility”), shall review, reconcile and verify the final report of the aggregate Cost Value of the Merchandise by the Inventory Taking Service (the “Final Inventory Report”).
Inventory Reconciliation. On a monthly basis, OC and Xxxxxx shall conduct a reconciliation of the Administered Pharmaceuticals Log and the Administered Pharmaceuticals Inventory, to verify that the amount of any medication identified on the Administered Pharmaceuticals Log for that month is consistent with the amount(s) of that medication on the Administered Pharmaceuticals Inventory for that month (e.g., the inventory contains sufficient single use vials for the number of patients who received such medication). On a quarterly basis during each Reporting Period, OC and Xxxxxx shall aggregate the results of the monthly inventory reconciliation for the preceding three months and submit such results to the OIG, along with a summary of any issues identified during the monthly inventory reconciliation and any response/corrective action plan to address the identified issues (Quarterly Inventory Reconciliation Report).
Inventory Reconciliation. Within thirty (30) days after the completion of the Inventory Taking, Merchant and Agent shall review, reconcile and verify the final report of the aggregate Cost Value of the Merchandise included in the Stores by the Inventory Taking Service (the “Store Final Inventory Report”). Within fifteen (15) days after the Distribution Occupancy Period, Merchant and Agent shall review, reconcile and verify the final report of the aggregate Cost Value of the Merchandise, which shall include the Store Final Inventory Report plus the Distribution Center Merchandise included in the Sale as determined by Section 5.1(c) hereof (the “Final Inventory Report”).
Inventory Reconciliation. Discrepancies between the book inventory and the physical inventory must be reconciled by the Contractor. If the value of the shortages exceeds the value of the overages, a monetary settlement by the Contractor for the monetary difference is mandatory. If the value of the overages exceeds the value of the shortages, no monetary settlement is required. The Contractor must adjust the book inventory to correspond to the physical inventory. The reconciliation must be made between like USDA donated food.
Inventory Reconciliation. The Borrower shall make available when complete the results of any physical inventory count or reconciliation of perpetual inventory to the general ledger.
Inventory Reconciliation. On the Closing Date, Halex shall transfer to Xxxxxxx the Capitol Adhesives Inventory having an estimated aggregate value of $1,425,000 (the “Estimated Capitol Adhesives Inventory Value”). On the Closing Date, Xxxxxxx shall transfer to Halex the Xxxxxxx Tape Inventory having an estimated aggregate value of $380,000 (the “Estimated Xxxxxxx Tape Inventory Value”, and together with the Estimated Capitol Adhesives Inventory Value, an “Estimated Inventory Value”). Each Estimated Inventory Value shall reflect the estimated value of the respective Party’s inventory being transferred as of the Closing Date. The final actual inventory value (the “Actual Inventory Value”) with respect to both the Capitol Adhesives Inventory and the Xxxxxxx Tape Inventory shall be finally determined, and a payment or reimbursement of any difference between the respective Actual Inventory Value and the respective Estimated Inventory Value shall be made to Halex or Xxxxxxx, as the case may be, as follows:
Inventory Reconciliation. (a) Following the Closing and until the Reconciliation Date, the Company may use all or any part of the Inventory in the course of its business to the extent and in the manner determined by the Company. The Company may also choose to retain additional unused Inventory following the Reconciliation Date, provided that, if the sum of the amounts set forth in items (i) through (v) of the Reconciliation Statement less any such amounts already deducted in calculating the Purchase Price as reflected in the Final Purchase Price Calculation Schedule (the “Final Liability Amount”) exceeds the total value of the Inventory used by the Company as set forth in item (vi) of the Reconciliation Statement, then the Company shall retain an amount of Inventory following the Reconciliation Date (with the individual items of Inventory selected at its sole and absolute discretion) such that the total value of the Inventory used or to be retained by the Company as set forth in items (vi) and (vii) of the Reconciliation Statement (the “Final Inventory Value”) is at least equal to the Final Liability Amount (except in the case where there is insufficient Inventory to do so, in which case the Company shall retain all of the Inventory).
Inventory Reconciliation. At the end of each month, a reconciliation of the inventories will be done based on sales made ***. For this purpose, all sales *** will be considered as sales for the Cosmetic Indications, sales *** will be considered as sales for the Cosmetic Indications, the sales *** will be initially regarded as sales for Therapeutic Indications; however, the Parties agree to develop a mutually agreeable approach to allocating sales made *** between Cosmetic and Therapeutic Indications prior to the execution of the Services Agreement. The Parties agree that the approach to identify and split sales between Therapeutic and Cosmetic Indications will be reviewed on a periodic basis and adjusted as necessary to more accurately reflect the actual allocation between the Cosmetic Indications and the Therapeutic Indications.
