Common use of Inventory Verification Clause in Contracts

Inventory Verification. Ocean Spray shall provide Northland with a copy of the monthly perpetual inventories of all Northland Products and Concentrate in the care, custody or control of Ocean Spray, its Affiliates or subcontractors during the term of this Agreement as soon as practicable after the end of a month, but not later than the tenth business day of the following month. Northland representatives shall have the right to conduct a physical inventory once per fiscal year as coordinated with Ocean Spray.

Appears in 2 contracts

Sources: Toll Processing Agreement, Toll Processing Agreement (Northland Cranberries Inc /Wi/)