Access to Inventory Clause Samples

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Access to Inventory. On the date after the entry of the Bid Procedures Order, the Seller shall have given to the Buyer reasonable access to the Inventory and any documentation, data and records relating to the Inventory.
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Access to Inventory. The Borrowers shall permit the Agent's representatives to have access to their respective inventory from time to time, as requested by the Agent, for purposes of audit, examination, inspection, and appraisal thereof and verification of Borrower's records pertaining thereto. Except after the occurrence of an Unmatured Event of Default or an Event of Default, the Agent shall give the Borrowers at least same day telephone notice before exercising the rights granted in the preceding sentence and such rights shall be exercised during normal business hours. Upon demand by the Agent, after the occurrence and during the continuation of an Event of Default, each Borrower shall assemble its inventory which constitutes Collateral hereunder and make it available to the Agent at such Borrower's place of business. At the request of the Agent, after the occurrence and during the continuance of an Event of Default, each Borrower shall provide warehousing space in its own premises to the Agent for the purpose of taking inventory into the custody of the Agent without removal thereof from such premises and will erect such structures and post such signs as the Agent may require in order to place such inventory under the exclusive control of the Agent.
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Access to Inventory. The School agrees to allow the Sponsor reasonable access and the opportunity to review the inventory of public assets and records of such inventory. The inventory records should include; at minimum, the date of purchase, description of purchase, serial number of assets, cost of asset, funding source and current location of item.
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Access to Inventory. Each Borrower shall permit Lender's representatives to have access to its Inventory from time to time, as requested by Lender, for purposes of audit, examination, inspection, and appraisal thereof and verification of such Borrower's records pertaining thereto. Except after the occurrence of a Default or an Event of Default, Lender shall give a Borrower at least 24 hours telephone notice before exercising the rights granted in the preceding sentence and such audit, examination, inspection, appraisal or verification shall be conducted, to the extent taking place on such Borrower's premises, during normal business hours. Upon demand by Lender, each Borrower shall assemble its Inventory which constitutes Collateral hereunder and make it available to Lender at such Borrower's place of business. At the request of Lender, after the occurrence of an Event of Default, each Borrower shall provide warehousing space in its own premises to Lender for the purpose of taking Inventory into the custody of Lender without removal thereof from such premises and will erect such structures and post such signs as Lender may require in order to place such Inventory under the exclusive control of Lender. Each Borrower shall conduct an annual inventory count and shall provide Lender with five (5) days notice prior to any such inventory count.
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Access to Inventory. (a) FMST shall have access to acquire available inventory of LDI A/P and FMST shall have opportunity to provide available inventory of FMST to LDI A/P. (I) The price of the inventory shall be the cost per books of the inventory item(s) as purchased, with no markup, plus a shipping and handling charge of ten percent (10%) of such cost. Cost shall be defined as the amount normally used by LDI A/P or FMST, whichever is the seller, to value its existing inventory for financial reporting purposes, applied on a consistent basis. (II) The credit terms shall be the same as the provider makes available to its customers in good standing. (b) No inventory shall be acquired by FMST or provided to LDI A/P except through the normal processes, systems and controls that would be used by each party in a purchase and sale of product from or to a third party. (I) Each shipment of product must be invoiced from the providing organization to the receiving organization in the same manner as a normal customer, with the pricing in compliance with Section 2.(a)(I) of this Agreement. (II) The receiving organization must reflect the receipt against the open purchase order in the same manner as normal supplier receipts. (III) The invoice must be recorded by the receiving organization in accounts payable and paid in accordance with the credit terms of Section 2.(a)(II) of this Agreement. (c) No inventory may be transferred from FMST to LDI A/P if the effect is to divert any customer shipment or order from FMST to LDI A/P.
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Related to Access to Inventory

  • Access to Information Such Purchaser acknowledges that it has had the opportunity to review the Transaction Documents (including all exhibits and schedules thereto) and the SEC Reports and has been afforded, (i) the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives of the Company concerning the terms and conditions of the offering of the Securities and the merits and risks of investing in the Securities; (ii) access to information about the Company and its financial condition, results of operations, business, properties, management and prospects sufficient to enable it to evaluate its investment; and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable effort or expense that is necessary to make an informed investment decision with respect to the investment. Such Purchaser acknowledges and agrees that neither the Placement Agent nor any Affiliate of the Placement Agent has provided such Purchaser with any information or advice with respect to the Securities nor is such information or advice necessary or desired. Neither the Placement Agent nor any Affiliate has made or makes any representation as to the Company or the quality of the Securities and the Placement Agent and any Affiliate may have acquired non-public information with respect to the Company which such Purchaser agrees need not be provided to it. In connection with the issuance of the Securities to such Purchaser, neither the Placement Agent nor any of its Affiliates has acted as a financial advisor or fiduciary to such Purchaser.

  • Access to Site 3.05.1 Contractor may enter and leave the premises at all reasonable times without charge. Contractor and its employees may use the common areas and roadways of the premises where it is to perform the services together with all facilities, equipment, improvements, and services provided in connection with the premises for common use. This excludes parking for Contractor’s personnel. Contractor shall repair any damage caused by it or its employees as a result of its use of the common areas.

  • Access to Information; Independent Investigation Prior to the execution of this Agreement, the Subscriber has had the opportunity to ask questions of and receive answers from representatives of the Company concerning an investment in the Company, as well as the finances, operations, business and prospects of the Company, and the opportunity to obtain additional information to verify the accuracy of all information so obtained. In determining whether to make this investment, Subscriber has relied solely on Subscriber’s own knowledge and understanding of the Company and its business based upon Subscriber’s own due diligence investigation and the information furnished pursuant to this paragraph. Subscriber understands that no person has been authorized to give any information or to make any representations which were not furnished pursuant to this Section 2 and Subscriber has not relied on any other representations or information in making its investment decision, whether written or oral, relating to the Company, its operations and/or its prospects.

  • Maintaining Records; Access to Properties and Inspections Maintain financial records in accordance with GAAP and, upon reasonable notice, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of the Borrower or any Significant Subsidiary during normal business hours and to discuss the affairs, finances and condition of the Borrower or any Significant Subsidiary with the officers thereof and independent accountants therefor.

  • Post-Closing Access to Information For a period of seven (7) years from the Closing Date, except as prohibited by applicable Law, Seller and Buyer shall, subject to compliance by the other with the provisions of Section 5.12 and the Transition Services Agreement, afford to each other and to each other’s Representatives reasonable access and duplicating rights (with copying costs to be borne by the requesting party) during normal business hours to all books and records, documents and other information (collectively, “Information”) within the knowledge, possession or control of the other party or its Affiliates solely to the extent relating to (a) in the case of requests by Buyer, the FH Business, Transferred FH Companies (and their Closing Subsidiaries), FH Assets, the Acquired FH Assets, Assumed Liabilities or Transferred Employees and (b) in the case of requests by Seller, the Excluded Businesses, the Excluded Assets or the Retained Liabilities, insofar in each case as such access is reasonably required by Seller or Buyer or any of their Subsidiaries or Affiliates for legitimate business reasons and does not violate any applicable Law or any confidentiality obligations applicable to Seller or Buyer or any of their Subsidiaries or Affiliates, as the case may be (and shall use reasonable efforts to cause persons or firms possessing relevant Information to give similar access) and, to the extent practicable, such Information is identified by the requesting party with reasonable specificity; provided, however, that no party shall be required to disclose any Information if (i) it believes in good faith that doing so presents a significant risk, based on advice of counsel (which can be inside counsel) of resulting in a loss of the ability to successfully assert a claim of Privilege or (ii) Seller or any of its Subsidiaries, on the one hand, and Buyer or any of its Subsidiaries, on the other hand, are adverse parties in a litigation (other than a litigation with respect to a claim for indemnification under this Agreement) and such information is reasonably pertinent thereto; provided, further, that, in the case of clause (i) above, the parties hereto shall reasonably cooperate in seeking to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of Privilege; provided, further, that Seller and its Affiliates shall not be required to provide Buyer or its Representatives with any information related to the Sale Process or Seller’s or its Representatives’ evaluation thereof, including projections, financial or other information related thereto other than projections, financial or other information prepared in the ordinary course of the FH Business without being primarily prepared for the Sale Process. Without limiting the generality of the foregoing, Information may be requested under this Section 5.9 for audit and accounting purposes and in connection with Actions, as well as for purposes of fulfilling disclosure and reporting obligations.