Common use of Location of Equipment and Inventory Clause in Contracts

Location of Equipment and Inventory. All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

Appears in 32 contracts

Samples: Security Agreement (Digital Lightwave Inc), Security Agreement (Digital Lightwave Inc), Eleventh Amended And (Digital Lightwave Inc)

AutoNDA by SimpleDocs

Location of Equipment and Inventory. All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 3 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

Appears in 2 contracts

Samples: Security Agreement (Digital Lightwave Inc), Security Agreement (Digital Lightwave Inc)

Location of Equipment and Inventory. All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 A (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

Appears in 1 contract

Samples: Security Agreement (Mechanical Technology Inc)

AutoNDA by SimpleDocs

Location of Equipment and Inventory. All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 in the Secured Promissory Note (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

Appears in 1 contract

Samples: Blanket Security Agreement (Genesys Industries, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.