Physical Inventory definition

Physical Inventory means the sum of all the measured batch quantities or derived estimates of batch quantities of nuclear material on hand at a given time within a material balance area, obtained in accordance with specified procedures;

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Physical Inventory means an inventory that confirms individual identification of each cervid by hands on observation to include physical or chemical restraint as needed.

Physical Inventory has the meaning set forth in Section 3.1.

Examples of Physical Inventory in a sentence

• The representatives of Sellers and Purchaser shall execute an inventory completion certificate when the Physical Inventory is complete.

• Excessive variances may be questioned by Purchaser and, if reasonably necessary, Purchaser may request that a second Physical Inventory be taken to ensure the accuracy of the reported readings.

• A comparison of each Location’s volumes as calculated from the Physical Inventory will be compared to the Location’s book inventory and sales records.

• A Physical Inventory list shall be prepared that includes a description of each Inventory item, the number of units of each item on hand as of the date of the Physical Inventory and the value of said Inventory on a lower of cost or market basis (the "Listing").

• Both Seller’s and Purchaser’s representatives shall have the right to be present to observe the taking of any Physical Inventory.

More Definitions of Physical Inventory

Physical Inventory means the determination of actual inventory quantities by physical count. Physical inventories can be taken on a continuous, periodic, or annual basis.

Physical Inventory means the sum of all the measured or derived estimates of batch quantities of qualifying nuclear material on hand at a given time within a material balance area, obtained in accordance with these Regulations;

Physical Inventory means the process of verifying that fixed assets owned by the agency are present in their assigned custody and location, and evaluating their condition.

Physical Inventory has the meaning given in Clause 7.7.1(i);

Physical Inventory means an activity of counting medicines available in any health institution and carried out in physical presence to identify and categorize in quantity, price, usage period, batch code and internal identification code;

Physical Inventory means a physical inventory of the Acquired Assets to be conducted by representatives of ▇▇▇▇▇ and Seller not more than seven24 and not fewer than two days25 before the Closing Date.

Physical Inventory means a physical count of the inventory of the Company and its Subsidiaries performed in a manner consistent with the procedures followed in the prior historical practice of the Company.