Common use of Records and Reports of Inventory Clause in Contracts

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 3 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Pure World Inc)

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Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. In the event Borrower shall conduct conducts a physical inventory no less frequently than annually and of its Inventory, Borrower shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. At Lender's request, Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Rowecom Inc)

Records and Reports of Inventory. Borrower Borrowers shall keep accurate and complete records of its Inventory. Borrower Borrowers shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth fifteenth (20th15) day of such month. Borrower Borrowers shall conduct a physical inventory no less frequently than annually and shall provide to Lender Lender, a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Open Plan Systems Inc)

Records and Reports of Inventory. Each Borrower shall keep accurate and complete records of its Inventory. Borrower Borrowers shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) fifteenth day of such month. Borrower Borrowers shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Vista 2000 Inc)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) fifteen day of such month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its InventoryInventory consistent with past practices and without change in format or assumptions on which such Inventory reports are based. Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) 20th day of such month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Miltope Group Inc)

Records and Reports of Inventory. Each Borrower shall keep accurate and complete records of its their Inventory. Borrower Borrowers shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Each Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: And Consolidated Loan and Security Agreement (Eagle Supply Group Inc)

Records and Reports of Inventory. Each Borrower shall keep accurate and complete records of its Inventory. Borrower Borrowers shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) 20th day of such month. Borrower Borrowers shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Premium Brands LTD)

Records and Reports of Inventory. Borrower Borrowers shall keep accurate and complete records of its Inventorytheir inventory. Borrower Borrowers shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Borrower Borrowers shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each monthmonthly period, not later than the twentieth (20th20) day of such monthmonthly period for Inventory of Borrower as of the end of the preceding monthly period. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Fresh Foods Inc)

Records and Reports of Inventory. Borrower shall keep ----------------------------------- accurate and complete records of its Inventory. Borrower shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not in no event later than forty-five (45) days after the twentieth (20th) day end of such montheach quarter. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Agreement (Pure World Inc)

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Records and Reports of Inventory. Borrower Borrowers shall keep accurate and complete records of its Inventory. Borrower Borrowers shall furnish to furnish Lender Inventory reports in form and detail reasonably satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Each Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (United Industrial Corp /De/)

Records and Reports of Inventory. Borrower Borrowers shall keep accurate and complete records of its their Inventory. Borrower Borrowers shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Borrower Borrowers shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Measurement Specialties Inc)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventoryinventory. Borrower shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such the following month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Zoom Telephonics Inc)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventoryinventory. Borrower shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) fifteenth day of such month for the preceding month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (KVH Industries Inc \De\)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall furnish to furnish Lender Inventory reports in form and detail satisfactory to Lender Lender, at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (First Aviation Services Inc)

Records and Reports of Inventory. Borrower Borrowers shall keep accurate and complete records of its Inventory. Each Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) fifteen day of such month. Borrower Borrowers shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth tenth (20th10th) day of such month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Media Sciences International Inc)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its Inventory. Borrower shall to furnish Lender Inventory reports in form and detail satisfactory to Lender at such times as Lender may request, but at least once each month, not later than the twentieth (20th) day of such month. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Lender a report based on each such physical inventory promptly thereafter, together with such supporting information as Lender shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Performance Corp)

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