Common use of Equipment Clause in Contracts

Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposes.

Appears in 66 contracts

Samples: Loan and Security Agreement (I Link Inc), Loan and Security Agreement (Pierre Foods Inc), Loan and Security Agreement (Mountasia Entertainment International Inc)

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Equipment. All of the Equipment is used or held for use in Borrower's Borrowers' business and is fit for such purposes.

Appears in 28 contracts

Samples: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Harolds Stores Inc), Loan and Security Agreement (Childrens Place Retail Stores Inc)

Equipment. All of the Equipment of Borrower and its Subsidiaries is used or held for use in Borrower's their business and is fit for such purposes.

Appears in 18 contracts

Samples: Debt and Security Agreement, Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Technology Growth Capital Inc)

Equipment. All of the Equipment is used or held for use in Borrower's ’s business and is fit for such purposes.

Appears in 11 contracts

Samples: Revolving Loan Agreement (Kennedy-Wilson Holdings, Inc.), Loan and Security Agreement (RMH Teleservices Inc), Loan and Security Agreement (BGF Industries Inc)

Equipment. All of the Equipment is used or held for use in Borrower's business Borrowers' businesses and is fit for such purposes.

Appears in 2 contracts

Samples: Loan and Security Agreement (Majestic Investor Capital Corp), Loan and Security Agreement (Majestic Investor Capital Corp)

Equipment. All of the Equipment is used or held for use in Borrower's business Borrowers' or Guarantors' businesses and is fit for such purposes.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amerco /Nv/), Loan and Security Agreement (U Haul International Inc)

Equipment. All of the Equipment is used or held for use in each Borrower's business and is fit for such purposes.

Appears in 2 contracts

Samples: Loan and Security Agreement (Global Sports Inc), Loan and Security Agreement (Interiors Inc)

Equipment. All of the Equipment is used or held for use in Borrower's --------- business and is fit for such purposes.

Appears in 2 contracts

Samples: Loan and Security Agreement (Microstrategy Inc), Loan and Security Agreement (Microstrategy Inc)

Equipment. All of the Equipment is used or held for use in Borrower's business businesses and is fit for such purposes.

Appears in 2 contracts

Samples: Credit and Security Agreement (Global Axcess Corp), Credit and Security Agreement (Global Axcess Corp)

Equipment. All of the Equipment is used or held for use in Borrower's the business of Borrower and its Subsidiaries and is fit for such purposes.

Appears in 1 contract

Samples: Loan and Security Agreement (Intervoice Brite Inc)

Equipment. All Substantially all of the Equipment is used or held for use in Borrower's business and is substantially fit for such purposes.

Appears in 1 contract

Samples: Loan and Security Agreement (Natural Wonders Inc)

Equipment. All Substantially all of the Equipment is used or held for use in Borrower's business and is fit for such purposes.

Appears in 1 contract

Samples: Loan and Security Agreement (MRS Fields Holding Co Inc)

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Equipment. All Except for Permitted Dispositions, all of the Equipment is used or held for use in Borrower's business and is fit for such purposes.

Appears in 1 contract

Samples: Loan and Security Agreement (Interact Commerce Corp)

Equipment. All of the Equipment is used or held for use in Borrower's business the Borrowers' businesses and is fit for such purposes.

Appears in 1 contract

Samples: Loan and Security Agreement (Amtrol Inc /Ri/)

Equipment. All of the Equipment is used or held for use in Borrower's business ’s businesses and is fit for such purposes.

Appears in 1 contract

Samples: Credit and Security Agreement (Global Axcess Corp)

Equipment. All of the Equipment of Borrower is used or held for use in Borrower's business and is fit for such purposes.

Appears in 1 contract

Samples: Loan and Security Agreement (Computervision Corp /De/)

Equipment. All of the Equipment is used or held for use in Subsidiary Borrower's business and is fit for such purposes.

Appears in 1 contract

Samples: Loan Agreement (Futurelink Corp)

Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposespurposes in all material respects.

Appears in 1 contract

Samples: Loan and Security Agreement (Wam Net Inc)

Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposesin good operating condition and repair.

Appears in 1 contract

Samples: Loan and Security Agreement (I2 Technologies Inc)

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