Common use of Collateral Location Clause in Contracts

Collateral Location. All of the tangible Collateral is located at a Location of Tangible Collateral. Each of the foregoing representations and warranties: (i) has been and will be relied upon as an inducement to MLBFS to provide the WCMA Line of Credit, and (ii) is continuing and shall be deemed remade by Customer concurrently with each request for a WCMA Loan.

Appears in 5 contracts

Samples: Loan and Security Agreement (Faro Technologies Inc), Loan and Security Agreement (Cd Warehouse Inc), Loan and Security Agreement (Leisure Time Casinos & Resorts Inc)

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Collateral Location. All of the tangible Collateral is located at a Location of Tangible Collateral. Each of the foregoing representations and warranties: (i) has been and will be relied upon as an inducement to MLBFS to provide make the WCMA Line of CreditLoan, and (ii) is continuing and shall be deemed remade by Customer on the Closing Date, on each Subsequent Funding Date and concurrently with each request for a WCMA Loan.

Appears in 1 contract

Samples: Term Loan Agreement (DCC Compact Classics Inc)

Collateral Location. All of the tangible Collateral is located at a Location of Tangible Collateral. Each of the foregoing representations and warranties: (i) has been and will be relied upon as an inducement to MLBFS to provide the WCMA Line of CreditCredit and make the Term Loan, and (ii) is continuing and shall be deemed remade by Customer on both the Closing Date and Activation Date, and thereafter concurrently with each request for a WCMA Loan.

Appears in 1 contract

Samples: Loan Agreement (Sel-Leb Marketing Inc)

Collateral Location. All of the tangible Collateral is located at a Location of Tangible Collateral. Each of the foregoing representations and warranties: (i) has been and will be relied upon as an inducement to MLBFS to provide make the WCMA Line of CreditLoan, and (ii) is continuing and shall be deemed remade by Customer on the Closing Date, on the date of funding of each additional advance on account of the Loan, on the Conversion Date, on each Subsequent Funding Date and concurrently with each request for a WCMA Loan.

Appears in 1 contract

Samples: Term Wcma Loan and Security Agreement (Cd Warehouse Inc)

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Collateral Location. All of the tangible Collateral is located at a Location of Tangible Collateral. Each of the foregoing representations and warranties: (i) has been and will be relied upon as an inducement to MLBFS to provide make the Loan and each Subsequent WCMA Line of CreditLoan, and (ii) is continuing and shall be deemed remade by Customer on the Closing Date, and concurrently with each request by Customer for a Subsequent WCMA Loan.

Appears in 1 contract

Samples: Employment Agreement (Telebyte Technology Inc)

Collateral Location. All of the tangible Collateral is located at a Location of Tangible Collateral. Each of the foregoing representations and warranties: (i) has been and will be relied upon as an inducement to MLBFS to provide the WCMA Line of CreditCredit and make the Term Loan, and (ii) is continuing and shall be deemed remade by Customer on both the Closing Date and Activation Date, and thereafter concurrently with each request for a WCMA Loan or an advance on account of the Term Loan.

Appears in 1 contract

Samples: Loan Agreement (Telecomm Industries Corp)

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