Common use of BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY Clause in Contracts

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 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.

Appears in 1 contract

Samples: Demand Loan and Security Agreement (International Electronics Inc)

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BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. Each Borrower warrants that Borrower it has no places of business other than that those shown at the end of this Agreement, unless other places of business are listed on in Schedule "A", annexed hereto, in which event Borrower represents that it has additional places of business at those locations set forth on Schedule "A". Each Borrower's ’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. in Schedule A.. All Inventory presently owned by Borrower is stored at the locations set forth on Schedule "A"”. Such Schedule A also lists all system assets located with customers of Borrower. 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 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Viisage Technology Inc)

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 shall promptly notify Bank Lender 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 represents and warrants that it has described its returns policy in writing to Bank Lender 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 Lender in writing before changing its policy or the application thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Thermodynetics Inc)

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 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Irobot Corp)

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BORROWER'S PLACES OF BUSINESS, INVENTORY LOCATIONS AND RETURNS POLICY. Borrower warrants The Borrowers warrant that Borrower has the Borrowers have 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 The Borrowers’ principal executive office and the office where Borrower keeps its the Borrowers keep their records concerning its their accounts, contract rights and other property, is that shown at the end of this Agreementset forth on Schedule “A”. All Inventory presently owned by Borrower the Borrowers is stored at the locations set forth on Schedule "A". Borrower 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 its their records are kept which would be shown in this Agreement set forth on Schedule “A” if it were executed after such change. Borrower represents The Borrowers represent and warrants warrant that it has they have described its their returns policy in writing to the Bank and that it does they do now, and will continue to, apply such policy consistently in the conduct of its their business and agrees agree that it they shall notify the Bank in writing before changing its their policy or the application thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Smith & Wesson Holding Corp)

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