Common use of Schedule of Inventory Clause in Contracts

Schedule of Inventory. The Borrowers shall deliver to the Agent (i) on or before the Effective Date and no later than the 15th day of each accounting month of the Borrowers thereafter a Schedule of Inventory as of the last Business Day of the immediately preceding accounting month of the Borrowers, itemizing and describing the kind, type, quantity and location of finished goods Inventory not in transit and not located at contractor's locations and the cost thereof and specifying which Inventory is License Inventory and which is Private Label Inventory, and (ii) at the Agent's request, within 35 days of the end of each quarter, a Schedule of Inventory as of the last Business Day of the immediately preceding quarter of the Borrowers, itemizing and describing the kind, type, quantity and location of all Inventory, including finished goods Inventory, in-transit Inventory, and Inventory located at contractor's facilities, and the cost thereof.

Appears in 1 contract

Sources: Loan and Security Agreement (Supreme International Corp)

Schedule of Inventory. The Borrowers Borrowers' Agent shall deliver to the Agent (i) on or before the Effective Date and no later than the 15th day of each accounting month of the Borrowers Grantors thereafter a Schedule of Inventory as of the last Business Day of the immediately preceding accounting month of the BorrowersGrantors, itemizing and describing the kind, type, quantity and location of finished goods Inventory not in transit and not located at contractor's locations and the cost thereof and specifying which Inventory is License Inventory and which is Private Label Inventory, and (ii) at the Agent's request, within 35 days of the end of each quarter, a Schedule of Inventory as of the last Business Day of the immediately preceding quarter of the BorrowersGrantors, itemizing and describing the kind, type, quantity and location of all Inventory, including finished goods Inventory, in-transit Inventory, and Inventory located at contractor's facilities, and the cost thereof.

Appears in 1 contract

Sources: Loan and Security Agreement (Perry Ellis International Inc)

Schedule of Inventory. The Borrowers Borrower shall deliver to the Agent (i) on or before the Effective Date and no later than the 15th 10th day of each accounting month of the Borrowers Borrower thereafter a Schedule of Inventory as of the last Business Day of the immediately preceding accounting month of the BorrowersBorrower, itemizing and describing the kind, type, quantity and location of finished goods Inventory not in transit and not located at contractor's locations and the cost thereof and specifying which Inventory is License Inventory and which is Private Label Inventory, and (ii) at the Agent's requeston a quarterly basis, within 35 days of the end of each quarter, a Schedule of Inventory as of the last Business Day of the immediately preceding quarter of the BorrowersBorrower, itemizing and describing the kind, type, quantity and location of all Inventory, including finished goods Inventory, in-transit Inventory, and Inventory located at contractor's facilities, and the cost thereof.

Appears in 1 contract

Sources: Loan and Security Agreement (Supreme International Corp)