Common use of Inventory Clause in Contracts

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 93 contracts

Samples: Revolving Credit and Security Agreement (Virco MFG Corporation), Loan and Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

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Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 19 contracts

Samples: Security Agreement (TCP International Holdings Ltd.), Security Agreement (Goodman Networks Inc), Security Agreement (Hudson Technologies Inc /Ny)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced produced, in all material respects, by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 12 contracts

Samples: Credit and Security Agreement (Emerge Energy Services LP), Security Agreement (Emerge Energy Services LP), Credit and Security Agreement (Emerge Energy Services LP)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower Borrower, in all material respects, in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 9 contracts

Samples: Guaranty and Security Agreement (Dril-Quip Inc), Guaranty and Security Agreement (Dril-Quip Inc), Security Agreement (Dril-Quip Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any a Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 3 contracts

Samples: Revolving Creditandsecurity Agreement (TCP International Holdings Ltd.), Security Agreement (Richton International Corp), Security Agreement (Richton International Corp)

Inventory. To the extent Inventory held for sale or lease has been --------- produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Samples: Security Agreement (Intelligroup Inc), Air Methods Corp

Inventory. To the extent Inventory held for sale or lease has been produced by any BorrowerBorrower or Guarantor, it has been and will be produced by such Borrower or Guarantor in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Build-a-Bear Workshop Inc), Revolving Credit and Security Agreement (Build a Bear Workshop Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Samples: Security Agreement (SMTC Corp), Credit and Security Agreement (Finish Line Inc /In/)

Inventory. To the extent All Inventory held for sale or lease has been been, and will be, produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Samples: Security Agreement (Fonda Group Inc), Security Agreement (Fonda Group Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunderthereunder and any equivalent legislation under Canadian Applicable Laws.

Appears in 2 contracts

Samples: Security Agreement (SMTC Corp), Security Agreement (Katy Industries Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by Borrower or any Borrowerof its Subsidiaries, it has been and will be produced by such Borrower and its Subsidiaries in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Samples: Credit and Security Agreement (Pc Connection Inc), Credit and Security Agreement (Pc Connection Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any a Borrower, it has been and will be produced by such Borrower in accordance accordance, in all material respects, with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Samples: Subordination Agreement (Twist Beauty S.a r.l. & Partners S.C.A.), Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower Borrower, to the extent applicable, in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Security Agreement (Bentley Systems Inc)

Inventory. To the extent Inventory held for sale or lease has --------- been produced by Borrower or any Borrowerof its Subsidiaries, it has been and will be produced by such Borrower and its Subsidiaries in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Credit and Security Agreement (Pc Connection Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance compliance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Atari Inc)

Inventory. To the extent Inventory held for sale or lease pursuant to any Specified Export Order Contract has been produced by any Borrower, it has been and will be produced by such Borrower in accordance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, modified or supplemented and all rules, regulations and orders thereunder. 4.7.

Appears in 1 contract

Samples: Loan and Security Agreement (United States Steel Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such any Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Security Agreement (Franklin Electronic Publishers Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.. 4.10

Appears in 1 contract

Samples: Credit and Security Agreement (Virco MFG Corporation)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder. 4.17.

Appears in 1 contract

Samples: Credit, Term Loan And Security Agreement (Measurement Specialties Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder. Appraisals of the Inventory of Borrower may be conducted by Agent, at Borrower's expense, annually or at more frequent intervals as Agent may reasonably request.

Appears in 1 contract

Samples: Credit and Security Agreement (Badger Paper Mills Inc)

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Inventory. To If and to the extent any Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Maxum Petroleum Holdings, Inc.)

Inventory. To the extent Inventory held for sale or lease has been produced by any or on behalf of Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Security Agreement (Ante5, Inc.)

Inventory. To the extent Inventory inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Term Loan and Security Agreement (U S Wireless Data Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any BorrowerBorrower in the United States, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder. Borrower shall provide appraisals of the Inventory of Borrower, performed by an appraisal firm satisfactory to Agent, at the expense of Borrower, at least once during every 360 days during the Term.

Appears in 1 contract

Samples: Security Agreement (Champion Parts Inc)

Inventory. To the extent Inventory held for sale or lease has --------- been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal 55 Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Air Methods Corp

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in all material respects in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Revolving Credit And (Swank Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with with, to the extent applicable, the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Security Agreement (HMG Worldwide Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced in all material respects by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Credit and Security Agreement (Foster L B Co)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance accordance, in all material respects, with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Security Agreement (Rheometric Scientific Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.. 074658.01845/123458281v.1

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (SMTC Corp)

Inventory. To With respect to Inventory, to the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Credit and Security Agreement (Lexington Precision Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any the Borrower, it has been and will be produced by such the Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Samples: Security Agreement (Horsehead Holding Corp)

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