INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 29 contracts
Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Gander Mountain Co)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower Borrowers is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 6 contracts
Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Paper Warehouse Inc), Loan and Security Agreement (Baker J Inc)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the each Borrower is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 5 contracts
Samples: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (dELiAs, Inc.), Loan and Security Agreement (Childrens Place Retail Stores Inc)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower Borrowers is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerancestolerances or for purchases of “irregular” Inventory in accordance with current practices).
Appears in 3 contracts
Samples: Loan and Security Agreement (Mothers Work Inc), Loan and Security Agreement (Mothers Work Inc), Term Loan and Security Agreement (Mothers Work Inc)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by ----------------- the Borrower is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 3 contracts
Samples: Loan and Security Agreement (Sunbelt Nursery Group Inc), Loan and Security Agreement (National Home Centers Inc), Loan and Security Agreement (Sunbelt Nursery Group Inc)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower is Borrowers are and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 2 contracts
Samples: Loan and Security Agreement (Iparty Corp), Loan and Security Agreement (Sports Authority Inc /De/)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower Borrowers is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances), subject to normal industry standards.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mazel Stores Inc), Loan and Security Agreement (Mazel Stores Inc)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the each Borrower is and will be of good and merchantable quality and free from material defects (other than defects within customary trade tolerances).
Appears in 2 contracts
Samples: Loan and Security Agreement (Phar Mor Inc), Loan and Security Agreement (Phar Mor Inc)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by each Borrower and at the Borrower time included in the Borrowing Base is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 2 contracts
Samples: Loan and Security Agreement (Officemax Inc /Oh/), Loan and Security Agreement (Officemax Inc /Oh/)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by ----------------- the Borrower Borrowers is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 1 contract
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower is Borrowers and Guarantors are and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
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INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower is Borrowers are and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances). 6.3.
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INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower is Borrowers are and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).trade
Appears in 1 contract
Samples: Loan and Security Agreement (Sports Authority Inc /De/)
INVENTORY QUALITY. All Acceptable Inventory now owned or hereafter acquired by the Borrower is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 1 contract
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerancestolerances and "irregular" inventory held for sale in outlet stores).
Appears in 1 contract
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by each Borrower and at the Borrower time included in the Borrowing Base is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances)saleable in the ordinary course of business without discount.
Appears in 1 contract
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower is Borrowers are and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 1 contract
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower Borrowers is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerancestolerances or for purchases of "irregular" Inventory in accordance with current practices).
Appears in 1 contract
Samples: Loan and Security Agreement (Duckwall Alco Stores Inc)
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the any Borrower is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances).
Appears in 1 contract
INVENTORY QUALITY. All Inventory now owned or hereafter acquired by the Borrower any Borrowers is and will be of good and merchantable quality and free from defects (other than (x) quality problems and defects within customary trade tolerancestolerances and (y) subject to insured casualties).
Appears in 1 contract
