Inventory; Returns. Borrower will keep all inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.
Appears in 3 contracts
Samples: Loan and Security Agreement (Webridge Inc), Loan and Security Agreement (Quokka Sports Inc), Loan and Security Agreement (Netscout Systems Inc)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from form material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000100,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Loudeye Corp), Loan and Security Agreement (Synthetech Inc)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000occur after the occurrence and during the continuance of an Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Harmonic Inc), Loan and Security Agreement (Harmonic Inc)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's Borrowers customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Actuate Software Corp), Loan and Security Agreement (Zefer Corp)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this the Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Esperion Therapeutics Inc/Mi), Loan and Security Agreement (Esperion Therapeutics Inc/Mi)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this the Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,00050,000 in any one instance.
Appears in 2 contracts
Samples: Loan and Security Agreement (Stereotaxis, Inc.), Loan and Security Agreement (Stereotaxis, Inc.)
Inventory; Returns. Each Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between any Borrower and its account debtors will follow such Borrower's customary practices in all material respects as they exist at execution of this Agreement. Borrower Borrowers must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.
Appears in 1 contract
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. defects Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, . recoveries, disputes and claims, that involve more than $50,000.
Appears in 1 contract
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Exim Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Daleen Technologies Inc)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors Account Debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.
Appears in 1 contract
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.. 6.4
Appears in 1 contract
Samples: Loan and Security Agreement (Tanisys Technology Inc)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims by its account debtors that involve more than $50,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Dpac Technologies Corp)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than Five Million Dollars ($50,0005,000,000).
Appears in 1 contract
Samples: Loan and Security Agreement (Callidus Software Inc)
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.. 6.4
Appears in 1 contract
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary customary, practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Scientific Learning Corp)
Inventory; Returns. Borrower will keep all inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000100,000.
Appears in 1 contract
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,00050,000 on a joint basis for all Borrowers.
Appears in 1 contract
Inventory; Returns. Borrower will keep all inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.
Appears in 1 contract
Inventory; Returns. Borrower will keep all inventory Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all any returns, recoveries, disputes and claims, that involve more than $50,000100,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Abovenet Communications Inc)
