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. (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, 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. 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 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 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, in connection with the closing of any Store or as otherwise permitted in sec.10.5.
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. The Borrower shall cause all Eligible Inventory to be located at all times solely at Permitted Inventory Locations, or if not, in transit between Permitted Inventory Locations for a period not to exceed three (3) Business Days, and to be sold or otherwise disposed of in the ordinary course of such Borrower's business, or consistent with past practices, in connection with the closing of any Store or as otherwise permitted in 9.5.
Inventory Restrictions. The Borrower shall cause all Eligible Inventory to be located at all times solely at Permitted Inventory Locations (or in transit to such a location), and to be sold or otherwise disposed of in the ordinary course of the Borrower's business, consistent with past practices or as required pursuant to the terms of this Credit Agreement. If an additional Permitted Inventory Location is established by the Borrower hereunder by compliance with the requirements set forth in the definition of "Permitted Inventory Locations", SCHEDULE 8.23 shall be updated by the Facility Agent to reflect such additional Permitted Inventory Location.
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.
