Common use of Physical Inventories Clause in Contracts

Physical Inventories. The Loan Parties, at their own expense, shall cause not less than one (1) physical count of Inventory to be undertaken in each twelve (12) month period (or alternatively, periodic cycle counts) in conjunction with the preparation of its annual audited financial statements, conducted following such methodology as is consistent with the methodology used in the immediately preceding Inventory (or cycle count) or as otherwise may be reasonably satisfactory to the Agents. Following the completion of such Inventory count, and in any event by the next date required for the delivery of a Borrowing Base Certificate hereunder, the Borrowers shall post such results to the Loan Parties’ stock ledgers and general ledgers, as applicable.

Physical Inventories. The Loan Parties, at their own expense, shall cause not less than one (1) physical count of Inventory inventory to be undertaken in each twelve (12) month period (or alternatively, periodic cycle counts) in conjunction with the preparation of its their annual audited financial statements, conducted following such methodology as is consistent with the methodology used in the immediately preceding Inventory inventory (or cycle count) or as otherwise may be reasonably satisfactory to the Co-Collateral Agents. Following the completion of such Inventory countinventory, and in any event by the next date required for the delivery of a Borrowing Base Certificate hereunder, the Borrowers shall post such results to the Loan Parties’ stock ledgers and general ledgers, as applicable.

Physical Inventories. The Loan Parties, at their own expense, shall cause not less than one (1) physical count of Inventory inventory to be undertaken in each twelve (12) month period (or alternatively, periodic cycle counts) in conjunction with the preparation of its annual audited financial statements, conducted following such methodology as is consistent with the methodology used in the immediately preceding Inventory inventory (or cycle count) or as otherwise may be reasonably satisfactory to the Agents. Following the completion of such Inventory countinventory, and in any event by the next date required for the delivery of a Borrowing Base Certificate hereunder, the Borrowers shall post such results to the Loan Parties’ stock ledgers and general ledgers, as applicable.

Physical Inventories. The Loan Parties, at their own expense, shall cause not less than one two (12) physical count of Inventory inventories to be undertaken in each twelve (12) month period (or alternatively, periodic cycle counts) in conjunction with the preparation of its their annual audited financial statements, conducted following such methodology as is consistent with the methodology used in the immediately preceding Inventory inventory (or cycle count) or as otherwise may be reasonably satisfactory to the AgentsCollateral Agent. Following the completion of such Inventory countinventory, and in any event by the next date required for the delivery of a Borrowing Base Certificate hereunder, the Borrowers shall post such results to the Loan Parties’ stock ledgers and general ledgers, as applicable.