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;
Appears in 3 contracts
Samples: Security Agreement (Red Robin Gourmet Burgers Inc), Security Agreement (Red Robin Gourmet Burgers Inc), Security Agreement (Red Robin Gourmet Burgers Inc)
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;
Appears in 2 contracts
Samples: Security Agreement (Red Robin Gourmet Burgers Inc), Security Agreement (Red Robin Gourmet Burgers Inc)
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;.
Appears in 2 contracts
Samples: Security Agreement (Red Robin Gourmet Burgers Inc), Security Agreement (Red Robin Gourmet Burgers Inc)
