BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. Section 7.01. Borrower warrants that Borrower has no places of business other than that shown at the end of this Agreement, unless other places of business are listed on Schedule “A”, annexed hereto, in which event Borrower represents that it has additional places of business at those locations set forth on Schedule “A”.
Section 7.02. Borrower’s principal executive office and the office where Borrower keeps its records concerning its accounts, contract rights and other property, is that shown at the end of this Agreement. All Inventory presently owned by Borrower is stored at the locations (in excess of $50,000.00 per location) set forth on Schedule “A”.
Section 7.03. Borrower will promptly notify Bank in writing of any change in the location of any principal place of business or the location of any Inventory (in excess of $50,000.00) or the establishment of any new place of business or location of Inventory (in excess of $50,000.00) or office where its records are kept which would be shown in this Agreement if it were executed after such change.
Section 7.04. Borrower represents and warrants that it has described its returns policy in writing to Bank and that it does now, and will continue to, apply such policy consistently in the conduct of its business and agrees that it shall notify Bank in writing before changing its policy or the application thereof.
BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. Borrower warrants that Borrower has no places of business other than that shown at the end of this Agreement, unless other places of business are listed on Schedule "A", annexed hereto, in which event Borrower represents that it has additional places of business at those locations set forth on Schedule "A". Borrower's principal executive office and the office where Borrower keeps its records concerning its accounts, contract rights and other property, is that shown at the end of this Agreement. All Inventory presently owned by Borrower is stored at the locations set forth on Schedule "A". Borrower will promptly notify Bank in writing of any change in the location of any place of business or the location of any Inventory or the establishment of any new place of business or location of Inventory or office where its records are kept which would be shown in this Agreement if it were executed after such change.
BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. Borrower warrants that Borrower has no places of business other than that shown at the end of this Agreement, unless other places of business are listed on Schedule "A", annexed hereto, in which event Borrower represents that it has additional places of business at those locations set forth on Schedule "A". Borrower's principal executive office and the office where Borrower keeps its records concerning its accounts, contract rights and other property, is that shown at the end of this Agreement, All Inventory presently owned by Borrower is stored at the locations set forth on Schedule "A". Borrower will promptly notify Bank in writing of any change in the location of any place of business or the establishment of any new place of business or location of Inventory or office where its records are kept which would be shown in this Agreement if it were executed after such change. Borrower represents and warrants that it has described its returns policy in writing to Bank and that it does now, and will continue to, apply such policy consistently in the conduct of its business and agrees that it shall notify Bank in writing before changing its policy or the application thereof.
BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. Each Borrower warrants that, as of the Closing Date (as defined below), such Borrower has no places of business other than those shown at the end of this Agreement, unless other places of business are listed on Schedule A hereto, in which event such Borrower represents that it has additional places of business at those locations set forth on Schedule A hereto. As of the Closing Date, each Borrower's principal executive office and the office where such Borrower keeps its records concerning its accounts, contract rights and other property, is that shown at the end of this Agreement. All Inventory presently owned by each Borrower is stored at the locations set forth on Schedule A. Each Borrower will promptly notify the Agent in writing of any change in the location of any place of business or the establishment of any new place of business or new location of Inventory or office where its records are kept which would be shown in this Agreement if the Agreement were executed after such change. Notwithstanding the foregoing, no notice shall be required hereunder with respect to (a) the establishment of any new place of business or location of Inventory to the extent any such new place of business or new location of Inventory shall not be a principal place of business and the value of Collateral located therein does not exceed $100,000 in the aggregate and (b) any change in the location of demonstration Inventory or Inventory held at trade shows or by salespersons of the Borrowers. Each Borrower represents and warrants that such Borrower has described its returns policy to the Agent and that it does now, and will continue to, apply such policy consistently in the conduct of its business and agrees that it shall notify the Agent in writing before materially changing its policy or the application thereof.
BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. The Borrowers warrant that the Borrowers have no places of business other than the places of business listed on Schedule “A”. The Borrowers’ principal executive office and the office where the Borrowers keep their records concerning their accounts, contract rights and other property, is set forth on Schedule “A”. All Inventory presently owned by the Borrowers is stored at the locations set forth on Schedule “A”. The Borrowers will promptly notify the Bank in writing of any change in the location of any place of business or the location of any Inventory or the establishment of any new place of business or location of Inventory or office where their records are kept which would be set forth on Schedule “A” if it were executed after such change. The Borrowers represent and warrant that they have described their returns policy in writing to the Bank and that they do now, and will continue to, apply such policy consistently in the conduct of their business and agree that they shall notify the Bank in writing before changing their policy or the application thereof.
BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. Each Borrower warrants that, as of the date hereof, such Borrower has no places of business other than places of business are listed on Schedule “A”, annexed hereto. Each Borrower’s principal executive office and the office where such Borrower keeps its records concerning its accounts, contract rights and other property, as of the date hereof, is set forth on Schedule “A”. All Inventory owned by any Borrower as of the date hereof, is stored at the locations set forth on Schedule “A” (other than Inventory out for repair, in transit or stored at locations where the Borrower has complied with the proceeding paragraph). Each Borrower will promptly notify Agent in writing of any change in the location of any place of business or the location of any Inventory valued in excess of Fifty Thousand and 00/100 Dollars ($50,000.00) or the establishment of any new place of business or location of Inventory valued in excess of Fifty Thousand and 00/100 Dollars ($50,000.00) or office where its records are kept in each case after the date hereof.
