Inventory Restrictions. (a) The Borrower shall not, and shall not permit any of its Subsidiaries to, acquire or obtain any interest in, or contract to acquire or obtain any interest in, any Unentitled Land.
(b) The Borrower shall not, and shall any permit any of its Subsidiaries to, allow their inventory of Completed Unsold Homes to exceed the applicable levels set forth in SCHEDULE 2 attached hereto.
(c) The Borrower shall not, and shall not permit any of its Subsidiaries to, allow its inventory of Unimproved Land to exceed 35% of the GAAP consolidated net book value of "Real Estate Inventories" in the consolidated financial statements of the Borrower and its Subsidiaries, the balance of which is included in the Borrowing Base calculation, as of the end of each month.
Inventory Restrictions. The Borrower shall cause, and shall cause each of its Subsidiaries to cause, Consigned Precious Metal and all Eligible Inventory (in each case as such term, and each component definition thereof, is defined in the Senior Credit Agreement) to be located at all times solely at Permitted Inventory Locations, and to be sold or otherwise disposed of in the ordinary course of the Borrower's or such Subsidiary's business, consistent with past practices or as required pursuant to the terms of this Credit Agreement.
Inventory Restrictions. The Borrower shall cause, and shall cause each of its Subsidiaries to cause, Precious Metal and all other inventory to be located at all times solely at Borrower Permitted Inventory Locations, Specified Refiners and Sales Representative Inventory Locations (except for (a) samples held in the ordinary course of business by sales representatives or at retail locations, (b) Precious Metal in transit between the Borrower and a Specified Refiner or Precious Metal or other inventory in transit between Borrower Permitted Inventory Locations, (c) inventory in transit to be sold, transferred or otherwise disposed of to the extent permitted by ss.
Inventory Restrictions. Each of the Borrowers shall cause all Eligible Inventory and, in the case of NordicTrack, all Eligible NordicTrack Inventory, to be located at all times solely at Permitted Inventory Locations, and to be sold or otherwise disposed of in the ordinary course of such Borrower's business, consistent with past practices or as required pursuant to the terms of this Credit Agreement.
Inventory Restrictions. The Borrower shall cause, and shall cause each of its Subsidiaries to cause, Consigned Precious Metal and all Eligible Inventory to be located at all times solely at Permitted Inventory Locations, and to be sold or otherwise disposed of in the ordinary course of the Borrower's or such Subsidiary's business, consistent with past practices or as required pursuant to the terms of this Credit Agreement.
Inventory Restrictions. Each of the Borrowers shall cause all Eligible Inventory to be located at all times solely at Permitted Inventory Locations, and to be sold or otherwise disposed of in the ordinary course of such Borrower's business, consistent with past practices or as required pursuant to the terms of this Credit Agreement.
Inventory Restrictions. The Borrower shall cause, and shall cause each of its Subsidiaries to cause, all Eligible Inventory (as such term, and each component definition thereof, is defined in the Senior Credit Agreement) to be located at all times solely at Permitted Inventory Locations, and to be sold or otherwise disposed of in the ordinary course of the Borrower’s or such Subsidiary’s business, consistent with past practices or as required pursuant to the terms of this Credit Agreement.
Inventory Restrictions. (a) The Borrowers shall not acquire or obtain any interest in, or contract to acquire or obtain any interest in, any Unentitled Land.
(b) The Borrowers shall not allow their inventory of Completed Unsold Homes to exceed the applicable levels set forth in SCHEDULE 2 attached hereto.
(c) The Borrowers shall not allow its inventory of Unimproved Land to exceed 35% of the GAAP consolidated net book value of "Real Estate Inventories" in the consolidated financial statements of the Company and its Subsidiaries, the balance of which is included in the Borrowing Base calculation, as of the end of each month.
Inventory Restrictions. All Precious Metal shall be located at all times solely at Permitted Inventory Locations, and may be sold or otherwise disposed of solely in the ordinary course of the Borrower's business consistent with past practices.
Inventory Restrictions. 73 9.12. Use of Proceeds. ............................................73 9.13. Additional Mortgaged Property. ..............................73 9.14.
