Common use of Location and Maintenance of Equipment Clause in Contracts

Location and Maintenance of Equipment. (i) The Equipment shall at all times be in the Borrower’s physical possession, shall not be held for sale or lease, and shall be kept only at the following location: 000 Xxxxx Xxxxxxxx, Xxx Xxxxxxxx, XX 00000. The Borrower shall not secrete, abandon or remove, or permit the removal of, the Equipment, or any part thereof, from the location(s) shown above or remove or permit to be removed any accessories now or hereafter placed upon the Equipment.

Appears in 2 contracts

Samples: Credit Agreement (Biolase Technology Inc), Credit Agreement (Biolase Technology Inc)

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Location and Maintenance of Equipment. (i) The Equipment shall at all times be in the each Borrower’s 's physical possession, shall not be held for sale or lease, and shall be kept only at the following location: 000 location(s): 0000 Xxxxx XxxxxxxxXxxx Xxxxxx, Xxx XxxxxxxxXxxxxxx, XX 00000. The Each Borrower shall not secrete, abandon or remove, or permit the removal of, the Equipment, or any part thereof, from the location(s) shown above or remove or permit to be removed any accessories now or hereafter placed upon the Equipment.

Appears in 1 contract

Samples: Credit Agreement (Tag It Pacific Inc)

Location and Maintenance of Equipment. (i) The Equipment shall at all times be in the Borrower’s physical possession, shall not be held for sale or lease, and shall be kept only at the following location: 000 Xxxxx location(s): 0000 X. Xxxxxxxx Xxx., Xxxxxxxx, Xxx Xxxxxxxx, XX 00000XX; 0000 X. Xxxxxxxx Xxx. The Borrower shall not secrete, abandon or remove, or permit the removal of, the Equipment, or any part thereof, from the location(s) shown above or remove or permit to be removed any accessories now or hereafter placed upon the Equipmentand 0000 Xxxxxxx Xxx.,

Appears in 1 contract

Samples: Finance Credit Agreement

Location and Maintenance of Equipment. (i) The Equipment shall at all times be in the Borrower’s physical possession, shall not be held for sale or lease, and shall be kept only at the following location: 000 Xxxxx location(s): 5000 X. Xxxxxxxx Xxx., Xxxxxxxx, Xxx Xxxxxxxx, XX 00000XX; 5000 X. Xxxxxxxx Xxx. The Borrower shall not secrete, abandon or remove, or permit the removal of, the Equipment, or any part thereof, from the location(s) shown above or remove or permit to be removed any accessories now or hereafter placed upon the Equipmentand 2000 Xxxxxxx Xxx.,

Appears in 1 contract

Samples: Trade Finance Credit Agreement (Variflex Inc)

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Location and Maintenance of Equipment. (i) The Equipment shall at all times be in the Borrower’s 's physical possession, shall not be held for sale or lease, and shall be kept only at the following location: 000 Xxxxx Xxxxxxxx, Xxx Xxxxxxxx, XX 00000. The Borrower shall not secrete, abandon or remove, or permit the removal of, the Equipment, or any part thereof, from the location(s) shown above or remove or permit to be removed any accessories now or hereafter placed upon the Equipment.

Appears in 1 contract

Samples: Loan Disbursement Instructions (Scientific Technologies Inc)

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