Common use of Covenants of the Debtors Clause in Contracts

Covenants of the Debtors. The Debtors will (i) upon demand, provide to the Secured Party any information the Secured Party deems necessary in order to protect, preserve, continue, perfect, extend or maintain a valid security interest in the Collateral (free of all other Liens, claims and rights of third parties whatsoever) to secure payment of the Indebtedness, and Debtors hereby authorize the filing of any financing statement, continuation statement, inventory list, lien entry forms or other similar documents and will pay any expenses and fees incurred from time to time by Secured Party in connection therewith; (ii) keep all Inventory only at the locations set forth in Section 7 hereof or at such other addresses as shall be provided to the Secured Party at least fifteen days prior to the location of any Inventory thereat, and which address shall be acceptable to the Secured Party; (iii) keep only at the locations set forth in Section 7 hereof all records concerning Accounts, notes receivable, contracts, General Intangibles and Payment Intangibles, which records will be of such character as will enable the Secured Party or its agents or designees to determine at any time the status thereof; (iv) furnish the Secured Party such information concerning the Debtors, the Collateral and the Account Debtors as the Secured Party may from time to time reasonably request; (v) permit the Secured Party and its agents and designees from time to time to inspect the Inventory and to inspect, audit and make copies of and extracts from all records and all other papers in the possession of the Debtors, and will, upon reasonable request of the Secured Party, deliver to the Secured Party all of such records and papers which pertain to the Collateral and the Account Debtors; (vi) upon request of the Secured Party, stamp on the Debtors' records concerning the Collateral, a notation, in form satisfactory to the Secured Party, of the security interest of the Secured Party hereunder; (vii) except for the sale or lease of Inventory in the ordinary course of its business, not sell, lease, transfer or otherwise dispose of, assign or create or permit to exist any Lien on or security interest in any Collateral to or in favor of anyone other than the Secured Party, except with the prior written consent of the Secured Party; (viii) at all times keep all Collateral insured against loss, damage, theft and other risks, in such amounts, with such companies, under such policies and in such form, all as shall be reasonably satisfactory to the Secured Party, which policies shall provide that loss thereunder shall be payable to the Debtors and the Secured Party as their interests may appear, and such policies or certificates thereof shall, if the Secured Party so requests, be deposited with the Secured Party; (ix) if the Collateral is of a type normally used in more than one state, whether or not actually so used, the Debtors will immediately give written notice to the Secured Party of any change in the location of the chief executive office or the chief place of business of the Debtors, and of any transfer of any such Collateral in any jurisdiction other than the locations set forth in paragraph 7 hereof; and (x) reimburse the Secured Party for all reasonable expenses, including attorneys' fees and legal expenses, incurred by the Secured Party in seeking to collect or enforce any rights in the Collateral and to collect the Revolving Note and all other Indebtedness and to enforce its rights hereunder.

Covenants of the Debtors. The Debtors will (i) upon demand, provide to hereby covenant and agree with the Secured Party any information that the Secured Party deems necessary in order to protectDebtors (a) except for Permitted Liens (as defined below), preserve, continue, perfect, extend or maintain a valid security interest in will defend the Collateral (free against all claims and demands of all other Liens, claims and rights of third parties whatsoever) to secure payment of the Indebtedness, and Debtors hereby authorize the filing of any financing statement, continuation statement, inventory list, lien entry forms or other similar documents and will pay any expenses and fees incurred from time to time by Secured Party in connection therewith; (ii) keep all Inventory only at the locations set forth in Section 7 hereof or at such other addresses as shall be provided to the Secured Party at least fifteen days prior to the location of any Inventory thereat, and which address shall be acceptable to the Secured Party; (iii) keep only at the locations set forth in Section 7 hereof all records concerning Accounts, notes receivable, contracts, General Intangibles and Payment Intangibles, which records will be of such character as will enable the Secured Party or its agents or designees to determine persons at any time the status thereofclaiming any interest therein; (ivb) furnish the Secured Party such information concerning the Debtors, the Collateral and the Account Debtors as the Secured Party may from time to time reasonably request; (v) permit the Secured Party and its agents and designees from time to time to inspect the Inventory and to inspect, audit and make copies will not change their respective jurisdiction of and extracts from all records and all other papers in the possession of the Debtors, and will, upon reasonable request of the Secured Party, deliver to the Secured Party all of such records and papers which pertain to the Collateral and the Account Debtors; (vi) upon request of the Secured Party, stamp on the Debtors' records concerning the Collateral, a notation, in form satisfactory to the Secured Party, of the security interest of the Secured Party hereunder; (vii) except for the sale or lease of Inventory in the ordinary course of its business, not sell, lease, transfer or otherwise dispose of, assign or create or permit to exist any Lien on or security interest in any Collateral to or in favor of anyone other than the Secured Party, except with organization without the prior written consent of the Secured Party; (viiic) will provide the Secured Party with twenty (20) days prior written notice of (i) any change in the principal office of the Debtors or the office where the Debtors maintain their books and records pertaining to the Customer Receivables, or (ii) the movement or location of Collateral to or at any address other than as set forth in said Exhibit B-1 and B-2; (d) will promptly pay any and all taxes, assessments and governmental charges upon the Collateral prior to the date penalties are attached thereto, except to the extent that such taxes, assessments and charges shall be contested in good faith by the Debtors; (e) will immediately notify the Secured Party of any event causing a substantial loss or diminution in the value of all or any material part of the Collateral and the amount or an estimate of the amount of such loss or diminution; (f) will have and maintain insurance at all times keep all with respect to the Tangible Collateral insured against lossrisks of fire (including so-called extended coverage) and theft, damageand such other risks as the Secured Party may reasonably require in writing, theft and other riskscontaining such terms, in such amounts, with such companies, under such policies and in such form, all for such periods and written by such companies as shall may be reasonably satisfactory to the Secured Party, which policies shall provide that loss thereunder shall such insurance to be payable to the Debtors Secured Party and the Secured Party Debtors as their its interests may appear, and such policies or certificates thereof shallshall provide for thirty (30) days’ prior written minimum cancellation notice to the Secured Party, if and the Debtors shall furnish the Secured Party so requestswith certificates or other evidence satisfactory to the Secured Party of compliance with the foregoing insurance provisions; (g) except as permitted by the Consignment Agreement or in the ordinary course of business, be deposited with will not sell or offer to sell or otherwise assign, transfer or dispose of the Collateral or any interest therein, without the prior written consent of the Secured Party; (ixh) if except for Permitted Liens, will keep the Collateral is free from any adverse lien, security interest or encumbrance and in good order and repair, reasonable wear and tear excepted, and will not waste or destroy the Collateral or any part thereof; (i) will use the Collateral for business purposes and not in violation of a type normally used any statute or ordinance; (j) will keep the Collateral in more than one stategood repair, whether or not actually so usedworking order and condition, and from time to time will make to such Collateral all needful and proper repairs, renewals, replacements, extensions, additions, betterments and improvements thereto, to the Debtors extent and in the manner customary for companies in similar lines of business under similar circumstance; and (k) upon the occurrence of an Event of Default, will immediately give written notice stamp all books and records pertaining to accounts, instruments and general intangibles to evidence the Secured Party’s security interest therein in form satisfactory to the Secured Party of any change in the location of the chief executive office or the chief place of business of the Debtors, and of any transfer of any such Collateral in any jurisdiction other than the locations set forth in paragraph 7 hereof; and (x) reimburse immediately upon the Secured Party for all reasonable expenses, including attorneys' fees and legal expenses, incurred by the Secured Party in seeking to collect or enforce any rights in the Collateral and to collect the Revolving Note and all other Indebtedness and to enforce its rights hereunderParty’s written demand.

Covenants of the Debtors. The Debtors will (i) upon demand, provide to the Secured Party any information the Secured Party deems necessary in order to protect, preserve, continue, perfect, extend or maintain a valid security interest in the Collateral (free of all other Liens, claims and rights of third parties whatsoever) to secure payment of the Indebtedness, and Debtors hereby authorize the filing of any financing statement, continuation statement, inventory list, lien entry forms or other similar documents and will pay any expenses and fees incurred from time to time by Secured Party in connection therewith; (ii) keep all Inventory only at the locations set forth in Section 7 hereof or at such other addresses as shall be provided to the Secured Party at least fifteen days prior to the location of any Inventory thereat, and which address shall be acceptable to the Secured Party; (iii) keep only at the locations set forth in Section 7 hereof all records concerning Accounts, notes receivable, contracts, General Intangibles and Payment Intangibles, which records will be of such character as will enable the Secured Party or its agents or designees to determine at any time the status thereof; (iv) furnish the Secured Party such information concerning the Debtors, the Collateral and the Account Debtors as the Secured Party may from time to time reasonably request; (v) permit the Secured Party and its agents and designees from time to time to inspect the Inventory and to inspect, audit and make copies of and extracts from all records and all other papers in the possession of the Debtors, and will, upon reasonable request of the Secured Party, deliver to the Secured Party all of such records and papers which pertain to the Collateral and the Account Debtors; (vi) upon request of the Secured Party, stamp on the Debtors' records concerning the Collateral, a notation, in form satisfactory to the Secured Party, of the security interest of the Secured Party hereunder; (vii) except for the sale or lease of Inventory in the ordinary course of its business, not sell, lease, transfer or otherwise dispose of, assign or create or permit to exist any Lien on or security interest in any Collateral to or in favor of anyone other than the Secured Party, except with the prior written consent of the Secured Party; (viii) at all times keep all Collateral insured against loss, damage, theft and other risks, in such amounts, with such companies, under such policies and in such form, all as shall be reasonably satisfactory to the Secured Party, which policies shall provide that loss thereunder shall be payable to the Debtors and the Secured Party as their interests may appear, and such policies or certificates thereof shall, if the Secured Party so requests, be deposited with the Secured Party; (ix) if the Collateral is of a type normally used in more than one state, whether or not actually so used, the Debtors will immediately give written notice to the Secured Party of any change in the location of the chief executive office or the chief place of business of the Debtors, and of any transfer of any such Collateral in any jurisdiction other than the locations set forth in paragraph 7 hereof; and (x) reimburse the Secured Party for all reasonable expenses, including attorneys' fees and legal expenses, incurred by the Secured Party in seeking to collect or enforce any rights in the Collateral and to collect the Revolving Note Leases and all other Indebtedness and to enforce its rights hereunder.

Covenants of the Debtors. The Debtors will (i) upon demand, provide to hereby covenant and agree with the Secured Party any information that the Secured Party deems necessary in order to protectDebtors (a) except for Permitted Liens (as defined below), preserve, continue, perfect, extend or maintain a valid security interest in will defend the Collateral (free against all claims and demands of all other Liens, claims and rights of third parties whatsoever) to secure payment of the Indebtedness, and Debtors hereby authorize the filing of any financing statement, continuation statement, inventory list, lien entry forms or other similar documents and will pay any expenses and fees incurred from time to time by Secured Party in connection therewith; (ii) keep all Inventory only at the locations set forth in Section 7 hereof or at such other addresses as shall be provided to the Secured Party at least fifteen days prior to the location of any Inventory thereat, and which address shall be acceptable to the Secured Party; (iii) keep only at the locations set forth in Section 7 hereof all records concerning Accounts, notes receivable, contracts, General Intangibles and Payment Intangibles, which records will be of such character as will enable the Secured Party or its agents or designees to determine persons at any time the status thereofclaiming any interest therein; (ivb) furnish the Secured Party such information concerning the Debtors, the Collateral and the Account Debtors as the Secured Party may from time to time reasonably request; (v) permit the Secured Party and its agents and designees from time to time to inspect the Inventory and to inspect, audit and make copies will not change their respective jurisdiction of and extracts from all records and all other papers in the possession of the Debtors, and will, upon reasonable request of the Secured Party, deliver to the Secured Party all of such records and papers which pertain to the Collateral and the Account Debtors; (vi) upon request of the Secured Party, stamp on the Debtors' records concerning the Collateral, a notation, in form satisfactory to the Secured Party, of the security interest of the Secured Party hereunder; (vii) except for the sale or lease of Inventory in the ordinary course of its business, not sell, lease, transfer or otherwise dispose of, assign or create or permit to exist any Lien on or security interest in any Collateral to or in favor of anyone other than the Secured Party, except with organization without the prior written consent of the Secured Party; (viiic) will provide the Secured Party with twenty (20) days prior written notice of (i) any change in the principal office of the Debtors or the office where the Debtors maintain their books and records pertaining to the Customer Receivables, or (ii) the movement or location of Collateral to or at any address other than as set forth in said Exhibit B-0, X-0, X-0, X-0, X-0, B-6 and B-7; (d) will promptly pay any and all taxes, assessments and governmental charges upon the Collateral prior to the date penalties are attached thereto, except to the extent that such taxes, assessments and charges shall be contested in good faith by the Debtors; (e) will immediately notify the Secured Party of any event causing a substantial loss or diminution in the value of all or any material part of the Collateral and the amount or an estimate of the amount of such loss or diminution; (f) will have and maintain insurance at all times keep all with respect to the Tangible Collateral insured against lossrisks of fire (including so-called extended coverage) and theft, damageand such other risks as the Secured Party may reasonably require in writing, theft and other riskscontaining such terms, in such amounts, with such companies, under such policies and in such form, all for such periods and written by such companies as shall may be reasonably satisfactory to the Secured Party, which policies shall provide that loss thereunder shall such insurance to be payable to the Debtors Secured Party and the Secured Party Debtors as their its interests may appear, and such policies or certificates thereof shallshall provide for thirty (30) days’ prior written minimum cancellation notice to the Secured Party, if and the Debtors shall furnish the Secured Party so requestswith certificates or other evidence satisfactory to the Secured Party of compliance with the foregoing insurance provisions; (g) except as permitted by the Consignment Agreement or in the ordinary course of business, be deposited with will not sell or offer to sell or otherwise assign, transfer or dispose of the Collateral or any interest therein, without the prior written consent of the Secured Party; (ixh) if except for Permitted Liens, will keep the Collateral is free from any adverse lien, security interest or encumbrance and in good order and repair, reasonable wear and tear excepted, and will not waste or destroy the Collateral or any part thereof; (i) will use the Collateral for business purposes and not in violation of a type normally used any statute or ordinance; (j) will keep the Collateral in more than one stategood repair, whether or not actually so usedworking order and condition, and from time to time will make to such Collateral all needful and proper repairs, renewals, replacements, extensions, additions, betterments and improvements thereto, to the Debtors extent and in the manner customary for companies in similar lines of business under similar circumstance; and (k) upon the occurrence of an Event of Default, will immediately give written notice stamp all books and records pertaining to accounts, instruments and general intangibles to evidence the Secured Party’s security interest therein in form satisfactory to the Secured Party of any change in the location of the chief executive office or the chief place of business of the Debtors, and of any transfer of any such Collateral in any jurisdiction other than the locations set forth in paragraph 7 hereof; and (x) reimburse immediately upon the Secured Party for all reasonable expenses, including attorneys' fees and legal expenses, incurred by the Secured Party in seeking to collect or enforce any rights in the Collateral and to collect the Revolving Note and all other Indebtedness and to enforce its rights hereunderParty’s written demand.

Covenants of the Debtors. The Debtors will (i) upon demand, provide to hereby covenant and agree with the Secured Party any information that the Secured Party deems necessary in order to protect, preserve, continue, perfect, extend or maintain a valid security interest Debtors (a) except for Permitted Liens (as defined in the Consignment Agreement), will defend the Collateral (free against all claims and demands of all other Liens, claims and rights of third parties whatsoever) to secure payment of the Indebtedness, and Debtors hereby authorize the filing of any financing statement, continuation statement, inventory list, lien entry forms or other similar documents and will pay any expenses and fees incurred from time to time by Secured Party in connection therewith; (ii) keep all Inventory only at the locations set forth in Section 7 hereof or at such other addresses as shall be provided to the Secured Party at least fifteen days prior to the location of any Inventory thereat, and which address shall be acceptable to the Secured Party; (iii) keep only at the locations set forth in Section 7 hereof all records concerning Accounts, notes receivable, contracts, General Intangibles and Payment Intangibles, which records will be of such character as will enable the Secured Party or its agents or designees to determine persons at any time the status thereofclaiming any interest therein; (ivb) furnish the Secured Party such information concerning the Debtors, the Collateral and the Account Debtors as the Secured Party may from time to time reasonably request; (v) permit the Secured Party and its agents and designees from time to time to inspect the Inventory and to inspect, audit and make copies will not change their respective jurisdiction of and extracts from all records and all other papers in the possession of the Debtors, and will, upon reasonable request of the Secured Party, deliver to the Secured Party all of such records and papers which pertain to the Collateral and the Account Debtors; (vi) upon request of the Secured Party, stamp on the Debtors' records concerning the Collateral, a notation, in form satisfactory to the Secured Party, of the security interest of the Secured Party hereunder; (vii) except for the sale or lease of Inventory in the ordinary course of its business, not sell, lease, transfer or otherwise dispose of, assign or create or permit to exist any Lien on or security interest in any Collateral to or in favor of anyone other than the Secured Party, except with organization without the prior written consent of the Secured Party; (viiic) will provide the Secured Party with twenty (20) days prior written notice of (i) any change in the principal office of the Debtors or the office where the Debtors maintain their books and records pertaining to the Customer Receivables, or (ii) the movement or location of Collateral to or at any address other than as set forth in said Exhibit B-1 and B-2; (d) will promptly pay any and all taxes, assessments and governmental charges upon the Collateral prior to the date penalties are attached thereto, except to the extent that such taxes, assessments and charges shall be contested in good faith by the Debtors; (e) will immediately notify the Secured Party of any event causing a substantial loss or diminution in the value of all or any material part of the Collateral and the amount or an estimate of the amount of such loss or diminution; (t) will have and maintain insurance at all times keep all with respect to the Tangible Collateral insured against lossrisks of fire (including so-called extended coverage) and theft, damageand such other risks as the Secured Party may reasonably require in writing, theft and other riskscontaining such terms, in such amounts, with such companies, under such policies and in such form, all for such periods and written by such companies as shall may be reasonably satisfactory to the Secured Party, which policies shall provide that loss thereunder shall such insurance to be payable to the Debtors Secured Party and the Secured Party Debtors as their its interests may appear, and such policies or certificates thereof shallshall provide for thirty (30) days’ prior written minimum cancellation notice to the Secured Party, if and the Debtors shall furnish the Secured Party so requestswith certificates or other evidence satisfactory to the Secured Party of compliance with the foregoing insurance provisions; (g) except as permitted by the Consignment Agreement or in the ordinary course of business, be deposited with will not sell or offer to sell or otherwise assign, transfer or dispose of the Collateral or any interest therein, without the prior written consent of the Secured Party; (ixh) if except for Permitted Liens, will keep the Collateral is free from any adverse lien, security interest or encumbrance and in good order and repair, reasonable wear and fear excepted, and will not waste or destroy the Collateral or any part thereof; (i) will use the Collateral for business purposes and not in violation of a type normally used any statute or ordinance; (j) will keep the Collateral in more than one stategood repair, whether or not actually so usedworking order and condition; and fxxxxxxx.xx, time will make to such Collateral all needful and proper repairs, renewals, replacements, extensions,-additions, betterments and improvements thereto, to the Debtors extent and in the manner customary for companies in similar lines of business under similar circumstance; and (k) upon the occurrence of an Event of Default, will immediately give written notice stamp all books and records pertaining to accounts, instruments and general intangibles to evidence the Secured Party’s security interest therein in form satisfactory to the Secured Party of any change in the location of the chief executive office or the chief place of business of the Debtors, and of any transfer of any such Collateral in any jurisdiction other than the locations set forth in paragraph 7 hereof; and (x) reimburse immediately upon the Secured Party for all reasonable expenses, including attorneys' fees and legal expenses, incurred by the Secured Party in seeking to collect or enforce any rights in the Collateral and to collect the Revolving Note and all other Indebtedness and to enforce its rights hereunderParty’s written demand.

Covenants of the Debtors. The Debtors will (i) upon demand, provide to hereby covenant and agree with the Secured Party any information that the Secured Party deems necessary in order to protect, preserve, continue, perfect, extend or maintain a valid security interest Debtors (a) except for Permitted. Liens (as defined in the Consignment Agreement), will defend the Collateral (free against all claims and demands of all other Liens, claims and rights of third parties whatsoever) to secure payment of the Indebtedness, and Debtors hereby authorize the filing of any financing statement, continuation statement, inventory list, lien entry forms or other similar documents and will pay any expenses and fees incurred from time to time by Secured Party in connection therewith; (ii) keep all Inventory only at the locations set forth in Section 7 hereof or at such other addresses as shall be provided to the Secured Party at least fifteen days prior to the location of any Inventory thereat, and which address shall be acceptable to the Secured Party; (iii) keep only at the locations set forth in Section 7 hereof all records concerning Accounts, notes receivable, contracts, General Intangibles and Payment Intangibles, which records will be of such character as will enable the Secured Party or its agents or designees to determine persons at any time the status thereofclaiming any interest therein; (ivb) furnish the Secured Party such information concerning the Debtors, the Collateral and the Account Debtors as the Secured Party may from time to time reasonably request; (v) permit the Secured Party and its agents and designees from time to time to inspect the Inventory and to inspect, audit and make copies will not change their respective jurisdiction of and extracts from all records and all other papers in the possession of the Debtors, and will, upon reasonable request of the Secured Party, deliver to the Secured Party all of such records and papers which pertain to the Collateral and the Account Debtors; (vi) upon request of the Secured Party, stamp on the Debtors' records concerning the Collateral, a notation, in form satisfactory to the Secured Party, of the security interest of the Secured Party hereunder; (vii) except for the sale or lease of Inventory in the ordinary course of its business, not sell, lease, transfer or otherwise dispose of, assign or create or permit to exist any Lien on or security interest in any Collateral to or in favor of anyone other than the Secured Party, except with organization without the prior written consent of the Secured Party; (viiic) will provide the Secured Party with twenty (20) days prior written notice of (i) any change in the principal office of the Debtors or the office where the Debtors maintain their books and records pertaining to the Customer Receivables, or (ii) the movement or location of Collateral to or at any address other than as set forth in said Exhibit B-0, X-0, X-0, X-0, X-0, B-6 and. B-7; (d) will promptly pay any and all taxes, assessments and governmental charges upon the Collateral prior to the date penalties are attached thereto, except to the extent that such taxes, assessments and charges shall be contested in good faith by the Debtors; (e) will immediately notify the Secured Party of any event causing a substantial loss or diminution in the value of all or any material part of the Collateral and the amount or an estimate of the amount of such loss or diminution; (f) will have and maintain insurance at all times keep all with respect to the Tangible Collateral insured against lossrisks of fire (including so-called extended coverage) and theft, damageand such other risks as the Secured Party may reasonably require in writing, theft and other riskscontaining such terms, in such amounts, with such companies, under such policies and in such form, all for such periods and written by such companies as shall may be reasonably satisfactory to the Secured Party, which policies shall provide that loss thereunder shall such insurance to be payable to the Debtors Secured Party and the Secured Party Debtors as their its interests may appear, and such policies or certificates thereof shallshall provide for thirty (30) days' prior written minimum cancellation notice to the Secured Party, if and the Debtors shall furnish the Secured Party so requestswith certificates or other evidence satisfactory to the Secured Party of compliance with the foregoing insurance provisions; (g) except as permitted by the Consignment Agreement or in the ordinary course of business, be deposited with will not sell or offer to sell or otherwise assign, transfer or dispose of the Collateral or any interest therein, without the prior written consent of the Secured Party; (ixh) if except for Permitted Liens, will keep the Collateral is free from any adverse lien, security interest or encumbrance and in good order and repair, reasonable wear and tear excepted, and will not waste or destroy the Collateral or any part thereof; (i) will use the Collateral for business purposes and not in violation of a type normally used any statute or ordinance; (i) will keep the Collateral in more than one stategood repair, whether or not actually so usedworking order and condition, and from time to time will make to such Collateral all needful and proper repairs, renewals, replacements, extensions, additions, betterments and improvements thereto, to the Debtors extent and in the manner customary for companies in similar lines of business under similar circumstance; and (k) upon the occurrence of an Event of Default, will immediately give written notice stamp all books and records pertaining to accounts, instruments and general intangibles to evidence the Secured Party's security interest therein in form satisfactory to the Secured Party of any change in the location of the chief executive office or the chief place of business of the Debtors, and of any transfer of any such Collateral in any jurisdiction other than the locations set forth in paragraph 7 hereof; and (x) reimburse immediately upon the Secured Party for all reasonable expenses, including attorneys' fees and legal expenses, incurred by the Secured Party in seeking to collect or enforce any rights in the Collateral and to collect the Revolving Note and all other Indebtedness and to enforce its rights hereunderParty's written demand.