Common use of Location of Equipment and Inventory Clause in Contracts

Location of Equipment and Inventory. The Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereof) at the locations specified therefor in Section 4(c) hereof, or, upon not less than thirty (30) days' prior written notice to the Collateral Agent accompanied by a new Schedule V hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the Grantor may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and Inventory, and (ii) the Collateral Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 2 contracts

Samples: Guarantor Security Agreement (Decora Industries Inc), Security Agreement (Decora Industries Inc)

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Location of Equipment and Inventory. The Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereof) at the locations specified therefor in Section 4(c4(g) hereof, hereof or, (x) upon not less than at least thirty (30) days' prior written notice to the Collateral Agent, (y) the delivery to the Agent accompanied by of a new Schedule V III hereto indicating each new location of the Equipment and Inventory, and (z) at such other locations in the continental United States as the Grantor may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and InventoryInventory (subject only to Permitted Liens), and (ii) the Collateral Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Financing Agreement (Frederick's of Hollywood Group Inc /Ny/)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g5.02(c) hereofof the Loan Agreement and Equipment and Inventory in transit) at the locations specified therefor in Section 4(c4(a) hereof, or, upon not less than thirty (30) days30 Business Days' prior written notice to the Collateral Administrative Agent accompanied by a new Schedule V III hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Administrative Agent a perfected, first priority security interest in such Equipment and Inventory, subject to Permitted Liens and (ii) the Collateral Administrative Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, Inventory are not adversely affected therebyaffected.

Appears in 1 contract

Samples: Loan Agreement (Inamed Corp)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereof) at one or more of the locations specified therefor in Section 4(c4(g) hereof, hereof or, upon not less than thirty (30) 20 days' prior written notice to the Collateral Agent accompanied by a new Schedule V III hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States or Canada, as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and InventoryInventory (subject only to Permitted Liens), and (ii) the Collateral Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Security Agreement (Lakes Entertainment Inc)

Location of Equipment and Inventory. The Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereof) at the locations specified therefor in Section 4(c4(g) hereof, hereof or, (x) upon not less than at least thirty (30) days' prior written notice to the Collateral Agent, (y) the delivery to the Agent accompanied by of a new Schedule V III hereto indicating each new location of the Equipment and Inventory, and (z) at such other locations in the continental United States as the Grantor may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and InventoryInventory (subject only to Permitted Liens), and (ii) the Collateral Agent's ’s rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Security Agreement (Movie Star Inc /Ny/)

Location of Equipment and Inventory. The Grantor and the other Borrowers will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereofbusiness) at the locations specified therefor in Section 4(c4(g) hereof, hereof or, (x) upon not less than at least thirty (30) days' prior written notice to the Collateral Agent, (y) the delivery to the Agent accompanied by of a new Schedule V III hereto indicating each new location of the Equipment and Inventory, and (z) at such other locations in the continental United States as the Grantor or another Borrower may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first second priority security interest in such Equipment and InventoryInventory (subject only to Permitted Liens), and (ii) the Collateral Agent's ’s rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Security Agreement (Frederick's of Hollywood Group Inc /Ny/)

Location of Equipment and Inventory. The Grantor Each of the Grantors will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary -7- 8 course of business in accordance with Section 5(g) hereof)) at the locations specified therefor in Section 4(c) hereof), or, upon not less than thirty (30) days30 Business Days' prior written notice to the Collateral Agent accompanied by a new Schedule V hereto IV indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as either of the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and Inventory, and (ii) the Collateral Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, Inventory are not adversely affected therebyaffected.

Appears in 1 contract

Samples: Security Agreement (First New England Dental Centers Inc)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g6(h) hereof) at the locations specified therefor in Section 4(c) hereof, Schedule VI hereto or, upon not less than thirty (30) days' prior written notice to the Collateral Agent accompanied by a new Schedule V VI hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and InventoryInventory (subject in priority only to Permitted Specified Liens), and (ii) the Collateral Agent's ’s rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Pledge and Security Agreement (Propel Media, Inc.)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereof) at one or more of the locations specified therefor in Section 4(c4(g) hereof, hereof or, upon not less than thirty (30) 20 days' prior written notice to the Collateral Agent accompanied by a new Schedule V III hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States or Canada, as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and InventoryInventory (subject only to Permitted Liens), and (ii) the Collateral Agent's ’s rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Security Agreement (Cenuco Inc)

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Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with this Agreement and Section 5(g7.02(c) hereofof the Financing Agreement) at the locations specified therefor in Section 4(c4(g) hereof, hereof or, upon not less than thirty (30) 30 days' prior written notice to the Collateral Agent accompanied by a new Schedule V hereto III indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and InventoryInventory (subject only to Permitted Liens), and (ii) the Collateral Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Security Agreement (North Atlantic Holding Company, Inc.)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereofhereof and Equipment and Inventory in transit) at the locations specified therefor in Section 4(c4(d) hereof, or, upon not less than thirty (30) days30 Business Days' prior written notice to the Collateral Administrative Agent accompanied by a new Schedule V III hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Administrative Agent a perfected, first priority security interest in such Equipment and Inventory, subject to Permitted Liens and (ii) the Collateral Administrative Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, Inventory are not adversely affected therebyaffected.

Appears in 1 contract

Samples: Loan Agreement (Inamed Corp)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business in accordance with Section 5(g) hereof) at the locations specified therefor in Section 4(c4(g) hereof, hereof or, upon not less than thirty (30) 30 days' prior written notice to the Collateral Agent accompanied by a new Schedule V III hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and InventoryInventory (subject only to Permitted Liens), and (ii) the Collateral Agent's ’s rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Security Agreement (Composite Technology Corp)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory sold in the ordinary course of business or in accordance with Section 5(g) hereoftransit Equipment or Inventory) at the locations specified therefor in Section 4(c) hereof, Schedule VII hereto or, upon not less than thirty (30) 30 days' prior written notice to the Collateral Agent accompanied by a new Schedule V VII hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the such Grantor may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and Inventory, Inventory (subject to the Intercreditor Agreement to the extent then in effect and Permitted Liens) and (ii) the Collateral Agent's ’s rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest Security Interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Pledge and Security Agreement (CPM Holdings, Inc.)

Location of Equipment and Inventory. The Each Grantor will keep the Equipment and Inventory (other than used Equipment and Inventory in transit or sold in the ordinary course of business in accordance with Section 5(g6(h) hereof) at the locations specified therefor in Section 4(c) hereof, Schedule III hereto or, upon not less than thirty (30) days' prior written notice to the Collateral Agent accompanied by a new Schedule V III hereto indicating each new location of the Equipment and Inventory, at such other locations in the continental United States as the Grantor Grantors may elect, provided that (i) all action has been taken to grant to the Collateral Agent a perfected, first priority security interest in such Equipment and Inventory, and (ii) the Collateral Agent's rights in such Equipment and Inventory, including, without limitation, the existence, perfection and priority of the security interest created hereby in such Equipment and Inventory, are not adversely affected thereby.

Appears in 1 contract

Samples: Security Agreement (Monaco Coach Corp /De/)

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