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 furnish to Agent Inventory reports in form and detail satisfactory to Agent at such times as Agent may request, but at least once each month, not later than the twentieth day of such month. Borrower shall conduct a physical inventory annually and shall provide to Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall request.

Appears in 3 contracts

Samples: Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Executone Information Systems Inc), Loan and Security Agreement (Nations Flooring Inc)

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Records and Reports of Inventory. Borrower shall keep accurate and complete records of its inventoryInventory. Borrower shall furnish to Agent Inventory reports in form and detail satisfactory to Agent at such times as Agent may request, but at least once each monthweekly, not later than the twentieth fifteenth day of such month. Said Inventory reports shall be included within the Borrowing Base Certificates. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall reasonably request.

Appears in 1 contract

Samples: Loan and Security Agreement (Houston Wire & Cable CO)

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

Appears in 1 contract

Samples: Term Loan Agreement (Drypers Corp)

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

Appears in 1 contract

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

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its inventoryInventory. Borrower shall furnish to Agent Inventory reports in form and detail satisfactory to Agent at such times as Agent may request, but at least once each month, not later than the twentieth fifteenth day of such month. Said Inventory reports shall be included within the Borrowing Base Certificates. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall reasonably request.

Appears in 1 contract

Samples: Loan and Security Agreement (Northwestern Steel & Wire Co)

Records and Reports of Inventory. Borrower shall keep accurate and complete records of its inventoryInventory. Borrower shall furnish to Agent Inventory reports in form and detail satisfactory to Agent at such times as Agent may request, but at least once each month, request not later than the twentieth 25th day of such month. Said Inventory reports shall be included within the Borrowing Base Certificates. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall reasonably request.

Appears in 1 contract

Samples: Loan and Security Agreement (Houston Wire & Cable CO)

Records and Reports of Inventory. Each Borrower shall keep accurate and complete records of its inventorytheir Inventory. Borrower Borrowers shall furnish to Agent Inventory reports in form and detail satisfactory to Agent at such times as Agent 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 Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall request.

Appears in 1 contract

Samples: Loan and Security Agreement (Gulfside Supply, Inc.)

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

Appears in 1 contract

Samples: Loan Agreement (Restoration Hardware Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

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