Common use of Acquisition, Sale and Maintenance Clause in Contracts

Acquisition, Sale and Maintenance. No Borrower shall acquire or accept any Inventory on consignment or approval, and shall take all steps to assure that all Inventory is produced in accordance with Applicable Law, including the FLSA in all material respects. Borrowers shall use, store and maintain all Inventory with reasonable care and caution, in accordance with applicable standards of any insurance and in conformity with all Applicable Law in all material respects, and shall make current rent payments (within applicable grace periods provided for in leases) at all locations where any Collateral is located.

Acquisition, Sale and Maintenance. No Borrower shall acquire or accept any Inventory on consignment or approval, and shall take all steps to assure that all Inventory is produced in accordance with Applicable Law, including the FLSA in all material respectsFLSA. Borrowers shall use, store and maintain all Inventory with reasonable care and cautionInventory, in accordance with applicable standards of any insurance and in conformity with all Applicable Law in all material respectsLaw, and shall make current rent payments (within applicable grace periods provided for in leases) at all locations leased where any Collateral is located.

Acquisition, Sale and Maintenance. No Borrower shall acquire or accept accept, except from another Borrower, any Inventory on consignment or approval, and shall take all steps use commercially reasonable efforts to assure that all Inventory is produced in accordance with Applicable Law, including the FLSA in all material respectsFLSA. Borrowers shall use, store and maintain all Inventory with reasonable care and caution, in accordance with applicable standards of any insurance and in conformity with all Applicable Law in all material respectsLaw, and shall make current rent payments (within applicable grace periods provided for in leases) at all locations where any Collateral is located.

Acquisition, Sale and Maintenance. No Borrower shall acquire or accept any product Inventory on consignment or approval, and shall take all steps to assure that all Inventory is produced in accordance with Applicable applicable Law, including the FLSA in all material respectsFLSA. The Borrowers shall use, store and maintain all product Inventory with reasonable care and caution, in accordance with applicable standards of any insurance and in conformity with all Applicable Law in all material respectsapplicable Laws, and shall make current rent payments (within applicable grace periods provided for in leases) at all locations where any Collateral is located.