Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense.
(ii) Comply with all reporting requirements set forth in the Credit Agreement with respect to Inventory.
(iii) If any of the Inventory is at any time evidenced by a document of title, promptly notify the Administrative Agent thereof and, upon the request of the Administrative Agent, deliver such document of title to the Administrative Agent.
Covenants Relating to Inventory. (i) Maintain, keep and preserve all Material Inventory in accordance with standard operating procedures; and
(ii) If any Inventory exceeding an aggregate value of $500,000 is at any time evidenced by a document of title, deliver such document of title to the Administrative Agent;
Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, subject to policies and procedures relating to obsolete, defective, damaged, or slow-moving items and items held for return that are normal and customary in the ordinary course of any Obligor’s business.
(ii) Comply with all reporting requirements set forth in the Credit Agreement with respect to Inventory.
(iii) If any of the Inventory with a book value in excess of $100,000 is at any time evidenced by a document of title, immediately upon request by the Administrative Agent, deliver such document of title to the Administrative Agent.
Covenants Relating to Inventory. Maintain, keep and preserve the Inventory in good saleable condition consistent with past practices at its own cost and expense.
Covenants Relating to Inventory. Unless otherwise indicated in writing by such Grantor, the Administrative Agent, for its benefit and the ratable benefit of the Secured Parties, may assume that: (i) all Inventory is either (A) located at places of business or Collateral locations listed on Schedule III attached hereto or (B) is Inventory in transit from one such place of business or Collateral location to another; (ii) no Inventory is subject to any lien or security interest whatsoever, except for those granted to the Administrative Agent, for its benefit and the ratable benefit of the Secured Parties, hereunder and Permitted Liens; (iii) except as specified on Schedule III hereto, no Inventory is now, and shall not at any time or times hereafter be, kept, stored or maintained with a bailee, warehouseman or similar party; and (iv) except as specified on Schedule III hereto, none of such Inventory has been consigned, or, without the Administrative Agent’s or the Required Lenders’ prior written consent, will be consigned to any Person, except in conformity with subsection (c) below.
Covenants Relating to Inventory. Debtor hereby agrees, upon the request of Secured Party, to (i) use reasonable efforts to, as promptly as practicable, provide Secured Party with a report of all Collateral consisting of Inventory relating to Accounts, in form and substance reasonably satisfactory to Secured Party; (ii) monthly take a physical listing of such Inventory relating to Accounts and promptly deliver a copy of such physical listing to Secured Party; (iii) if any Collateral consisting of Inventory relating to Accounts is at any time evidenced by a document of title use reasonable efforts to, as promptly as practicable, deliver such document to Secured Party; and (iv) prior to any third party obtaining possession or control of any Inventory relating to Accounts, Debtor shall join with Secured Party in notifying the third party of Secured Party’s security interest and obtaining acknowledgement from the third party that it is holding such Inventory for the benefit of Secured Party.
Covenants Relating to Inventory. (i) Use commercially reasonable efforts to maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, in accordance with the provisions of the Credit Agreement.
(ii) Comply with all reporting requirements set forth in the Credit Agreement with respect to Inventory.
(iii) If any item of Inventory having a book value of greater than $1,000,000 is at any time evidenced by a Pledged Document, promptly upon request by the Agent, deliver such document of title to the Agent.
Covenants Relating to Inventory. Each Borrower shall: (a) maintain, keep and preserve its Inventory in accordance with the terms of the Credit Agreement, (b) comply with all reporting requirements set forth in the Credit Agreement with respect to Inventory, and (c) if any of the Inventory is at any time evidenced by a document of title, promptly notify the Agent thereof and, upon the request of the Agent, deliver such document of title to the Agent.
Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense.
(ii) Comply with all reporting requirements set forth in the Loan Agreement with respect to Inventory.
(iii) If any of the Inventory is at any time evidenced by a document of title, promptly notify the Secured Party thereof and, upon the request of the Secured Party, deliver such document of title to the Secured Party.
Covenants Relating to Inventory. Unless otherwise indicated in writing by such Grantor, the Administrative Agent may assume that: (i) all Inventory is either (A) located at places of business or Collateral locations listed on Schedule III attached hereto or (B) is Inventory in transit from one such place of business or Collateral location to another; (ii) no Inventory is subject to any lien or security interest whatsoever, except for those granted to the Administrative Agent hereunder and Permitted Liens; (iii) except as specified on Schedule III hereto, no Inventory is now, and shall not at any time or times hereafter be, kept, stored or maintained with a bailee, warehouseman or similar party; and (iv) except as specified on Schedule III hereto, none of such Inventory has been consigned, or, without the Administrative Agent’s prior written consent, will be consigned to any Person, except in conformity with subsection (c) below.
