Common use of Inventory and Equipment Clause in Contracts

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreement.

Appears in 62 contracts

Samples: Loan and Security Agreement (Silvaco Group, Inc.), Loan and Security Agreement (Zedge, Inc.), Loan and Security Agreement (Backblaze, Inc.)

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Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s 's security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s 's benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreement.

Appears in 9 contracts

Samples: Loan and Security Agreement (Bridgepoint Education Inc), Loan and Security Agreement (Villageedocs Inc), Loan and Security Agreement (Bridgepoint Education Inc)

Inventory and Equipment. Store the Inventory or the Equipment located in the United States with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Identiv, Inc.), Loan and Security Agreement (Identiv, Inc.)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store , or store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 locations of this Agreementwhich Bank has received prior written notice.

Appears in 2 contracts

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

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreementthe Schedule.

Appears in 1 contract

Samples: Loan and Security Agreement (Bridgeline Digital, Inc.)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreement.. [TO BE DISCUSSED]

Appears in 1 contract

Samples: Loan and Security Agreement (Integrated Security Systems Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 I 0 of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Kana Software Inc)

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Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store , or store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Adnexus Therapeutics, Inc.)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s 's security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s 's benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment, provided that Borrower may maintain inventory with its subcontractors. Store Except as set forth on the Schedule, store or maintain any material amount of Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Image Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, warehouseman or other third party unless the third party has been notified of Bank’s 's security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s 's benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. , Store or maintain any Equipment or Inventory at a location other than the location set forth in Section 10 of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Netgear Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or other third party unless the third party has been notified of Bank’s security interest and Bank (a) has received an acknowledgment from the third party that it is holding or will hold the Inventory or Equipment for Bank’s benefit or (b) is in pledge possession of the warehouse receipt, where negotiable, covering such Inventory or Equipment. Store or maintain any Equipment or Inventory at a location other than the location locations set forth in Section 10 of this Agreementthe Schedule.

Appears in 1 contract

Samples: Loan and Security Agreement (Lightpath Technologies Inc)

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