Common use of Location of Equipment and Inventory Clause in Contracts

Location of Equipment and Inventory. Each Grantor will keep the Equipment and Inventory (i) at the locations specified therefor on Schedule III hereto, or (ii) at such other locations set forth on Schedule III (or a new Schedule III delivered by Grantors to Collateral Agent from time to time) and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, or (iii) at such other locations in the United States, provided that within 20 days following the relocation of Equipment or Inventory to such other location or the acquisition of Equipment or Inventory, Grantor shall deliver to the Collateral Agent a new Schedule III indicating such new locations.

Appears in 9 contracts

Samples: Security and Pledge Agreement (Digital Domain Media Group, Inc.), Security Agreement (Wentworth Energy, Inc.), Security Agreement (Stinger Systems, Inc)

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Location of Equipment and Inventory. Each Grantor will keep the Equipment and Inventory (i) at the locations specified therefor on Schedule III hereto, or (ii) at such other locations set forth on Schedule III (or a new Schedule III delivered by the Grantors to Collateral Agent from time to time) and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, or (iii) at such other locations in the United States, provided that within 20 days following the relocation of Equipment or Inventory to such other location or the acquisition of Equipment or Inventory, such Grantor shall deliver to the Collateral Agent a new Schedule III indicating such new locations.

Appears in 4 contracts

Samples: Security Agreement (Alpha Energy Inc), Security Agreement (Alpha Energy Inc), Security Agreement (RxElite, Inc.)

Location of Equipment and Inventory. Each The Grantor will keep the Equipment and Inventory (i) at the locations specified therefor on Schedule III II hereto, or (ii) at such other locations set forth on Schedule III II (or a new Schedule III delivered by Grantors the Grantor to Collateral Agent from time to time) and with respect to which the Collateral Agent has Holders have filed financing statements and otherwise fully perfected its Liens thereon, or (iii) at such other locations in the United States, provided that within 20 days following the relocation of Equipment or Inventory to such other location or the acquisition of Equipment or Inventory, the Grantor shall deliver to the Collateral Agent a new Schedule III II indicating such new locations.

Appears in 1 contract

Samples: Security Agreement (Us Dataworks Inc)

Location of Equipment and Inventory. Each The Grantor will keep the Equipment and Inventory (i) at the locations specified therefor on Schedule III hereto, or (ii) at such other locations set forth on Schedule III (or a new Schedule III delivered by Grantors the Grantor to Collateral Agent from time to time) and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, or (iii) at such other locations in the United States, provided that within 20 5 days following the relocation of Equipment or Inventory to such other location or the acquisition of Equipment or Inventory, Grantor shall deliver to the Collateral Agent a new Schedule III indicating such new locations.

Appears in 1 contract

Samples: Security Agreement (Applied Dna Sciences Inc)

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Location of Equipment and Inventory. Each Grantor will keep the Equipment and Inventory (i) at the locations specified therefor on Schedule III hereto, or (ii) at such other locations set forth on Schedule III (or a new Schedule III delivered by Grantors Grantor to Collateral Agent from time to time) and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, or (iii) at such other locations in the United States, provided that within 20 days following the relocation of Equipment or Inventory to such other location or the acquisition of Equipment or Inventory, Grantor shall deliver to the Collateral Agent a new Schedule III indicating such new locations.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Earth Energy, Inc.)

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