Common use of Inventory and Equipment with Bailees Clause in Contracts

Inventory and Equipment with Bailees. The Inventory and Equipment shall not at any time now or hereafter be stored with a bailee, warehouseman, or similar party unless Agent has granted its prior written consent and Borrowers have delivered to Agent a Bailee Acknowledgment with respect to the applicable Inventory and/or Equipment.

Appears in 3 contracts

Samples: Loan and Security Agreement (Harolds Stores Inc), Loan and Security Agreement (Right Start Inc /Ca), Loan and Security Agreement (Fao Inc)

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Inventory and Equipment with Bailees. The Inventory and Equipment shall not at any time now or hereafter be stored with a bailee, warehouseman, or similar party unless Agent has granted its prior written consent and Borrowers have Borrower has delivered to Agent a Bailee Acknowledgment with respect to the applicable Inventory and/or Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

Inventory and Equipment with Bailees. The Inventory and Equipment shall (other than de minimus pieces of Equipment and motor vehicles) is not now and will not at any time now or hereafter be stored with a bailee, warehouseman, or similar party that has issued a document in respect of such Inventory unless Agent has granted its prior written consent and Borrowers have Borrower has delivered to Agent a Bailee Acknowledgment with respect to the applicable Inventory and/or Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Party City Corp)

Inventory and Equipment with Bailees. The Inventory and Equipment shall not at any time now or hereafter be stored with a bailee, warehouseman, or similar party unless Agent has granted its without Collateral Agent’s prior written consent and Borrowers have delivered to Agent a Bailee Acknowledgment with respect to the applicable Inventory and/or Equipmentconsent.

Appears in 1 contract

Samples: Security Agreement (Elgar Holdings Inc)

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Inventory and Equipment with Bailees. The Inventory and Equipment shall not at any time now or hereafter be stored with a bailee, warehouseman, or similar party unless Agent Lender has granted its prior written consent and Borrowers have Borrower has delivered to Agent Lender a Bailee Acknowledgment with respect to the applicable Inventory and/or Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Bidz.com, Inc.)

Inventory and Equipment with Bailees. The Inventory and Equipment shall not at any time now or hereafter be stored with a bailee, warehouseman, or similar party unless Agent Lender has granted its prior written consent and Borrowers have Borrower has delivered to Agent Lender a Bailee Acknowledgment bailee acknowledgment with respect to the applicable Inventory and/or Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Harvey Electronics Inc)

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