Commitment To Make Consignments; Title To Consigned Precious Metal Sample Clauses

Commitment To Make Consignments; Title To Consigned Precious Metal. (a) Subject to the terms and conditions set forth in this Credit Agreement, the Gold Agent agrees, at the option of the Borrower, to Deliver, or make Purchases and Consignments of, from time to time between the Closing Date and the Gold Maturity Date upon notice by the Borrower to the Gold Agent given in accordance with ss.5.3, such amounts of Precious Metal as are requested by the Borrower up to a maximum aggregate amount of Consigned Precious Metal outstanding (after giving effect to all amounts requested) equal to the Total Gold Commitment minus the aggregate amount of all outstanding Gold Loans; provided that the sum of the outstanding amount of xxxx ounces or, as the case may be, Fair Market Value of Consigned Precious Metal which the Borrower requests that the Gold Agent purchase or Deliver, when added to the amount of xxxx ounces or, as the case may be, the Fair Market Value of Consigned Precious Metal outstanding, shall not exceed the Consignment Ounce Cap, in the case of amounts of xxxx ounces of Consigned Precious Metal, or the Consignment Dollar Cap, in the case of the Fair Market Value of Consigned Precious Metal.
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Related to Commitment To Make Consignments; Title To Consigned Precious Metal

  • Consignment Inventory that is placed on consignment;

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects.

  • Consignments Consign any Inventory or sell any Inventory on xxxx and hold, sale or return, sale on approval, or other conditional terms of sale.

  • Title to Assets; Sufficiency of Assets (a) GFI and the Subsidiaries of GFI have good and valid title to, or valid leasehold interests in, and immediately following the consummation of the Transactions and after giving effect thereto, the CME Retained Subsidiaries will have good and valid title to, or valid leasehold interests in or valid right to use, all material assets, properties and rights of the Trayport Business and the FENICS Business, free and clear of Liens other than Permitted Liens.

  • Title to and Sufficiency of Assets Each Target Company has good and marketable title to, or a valid leasehold interest in or right to use, all of its assets, free and clear of all Liens other than (a) Permitted Liens, (b) the rights of lessors under leasehold interests, (c) Liens specifically identified on the balance sheet as of the Interim Balance Sheet Date included in the Company Financials and (d) Liens set forth on Schedule 4.17. The assets (including Intellectual Property rights and contractual rights) of the Target Companies constitute all of the material assets, rights and properties that are currently used in the operation of the businesses of the Target Companies as it is now conducted or that are used or held by the Target Companies for use in the operation of the businesses of the Target Companies, and taken together, are adequate and sufficient for the operation of the businesses of the Target Companies as currently conducted.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

  • Title to Equipment Upon Foothill's request, Borrower immediately shall deliver to Foothill, properly endorsed, any and all evidences of ownership of, certificates of title, or applications for title to any items of Equipment.

  • Real Property; Title to Assets (a) The Company does not own any real property.

  • Title to the Assets The Purchased Assets are owned by the Vendor with a good and valid title, free and clear of any and all encumbrances.

  • Title to Tangible Assets The Company and its Subsidiaries have good title to their properties and assets and good title to all their leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

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