Schedule of Inventory. Each Borrower shall deliver to the Agent, no later than ten (10) Business Days after the end of each Fiscal Month of such Borrower, a Schedule of Inventory as of the last Business Day of the immediately preceding Fiscal Month of such Borrower. Each Schedule of Inventory shall itemize and describe the kind, type, quantity and location of Inventory and the cost thereof, and shall be reconciled to the balance of Inventory as set forth in the Consolidated Balance Sheet as of such date.
Appears in 2 contracts
Sources: Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Tropical Sportswear International Corp)