Common use of Inventory Review Clause in Contracts

Inventory Review. If the Client or IBM requests a review of the inventory of the Eligible Machines and Programs, the parties will update and mutually exchange the inventory list last created. IBM may change the Total Service Charge for the new Charging Period if a change in the inventory is discovered. If discrepancies are discovered in the inventory, the difference will be credited or charged later according to the section “Adjustment and Recalculation of Charges”.

Appears in 3 contracts

Sources: Supplementary Terms and Conditions, Supplementary Terms and Conditions for Ibm Individual Service Agreement, Supplementary Terms and Conditions for Ibm Enterprise Services