Common use of Bailees’ Waivers Clause in Contracts

Bailees’ Waivers. Borrower shall have delivered a Bailee’s Waiver, in form and substance satisfactory to Agent, for each location where a Credit Party maintains any Inventory with a bailee, in form and substance satisfactory to Agent, unless a Bailee’s Waiver was previously provided for such location in connection with the Original Credit Agreement and Agent is not requiring a replacement of such document.

Bailees’ Waivers. Borrower Borrowers shall have delivered a Bailee’s Waiver, in form and substance satisfactory to Agent, for each location where a Credit Party maintains any Inventory with a bailee, in form and substance satisfactory to Agent, unless a Bailee’s Waiver was previously provided for such location in connection with the Original Credit Agreement and Agent is not requiring a replacement of such document.