Common use of Designation of Inventory Clause in Contracts

Designation of Inventory. Borrower shall now and from time to time hereafter, but not less frequently than monthly, execute and deliver to Foothill a designation of Inventory specifying Borrower's cost and the wholesale market value of Borrower's raw materials, work in process, and finished goods, and further specifying such other information as Foothill may reasonably request.

Appears in 3 contracts

Samples: Loan and Security Agreement (Bollinger Industries Inc), Loan and Security Agreement (Bollinger Industries Inc), Loan and Security Agreement (Action Industries Inc)

AutoNDA by SimpleDocs

Designation of Inventory. Borrower shall now and from time to time hereafter, but not less frequently than monthlyweekly, execute and deliver to Foothill a designation of Inventory specifying Borrower's cost and the wholesale market value of Borrower's raw materials, work in process, and finished goods, thereof and further specifying such other information as Foothill may reasonably request.

Appears in 1 contract

Samples: Loan and Security Agreement (Mednet MPC Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!