Common use of Locations of Equipment and Inventory Clause in Contracts

Locations of Equipment and Inventory. All of the Equipment and Inventory is, as of the date hereof, located at the places specified in section 4(b) of the Disclosure Schedule hereto, except for Inventory and Equipment comprising of mobile goods which, in the ordinary course of business, is in transit either (i) from a supplier to the Grantor, (ii) between the locations specified in section 4(b) of the Disclosure Schedule hereto, or (iii) to customers of the Grantor, and except for Inventory held by Xxxxxx Micro, Inc. or Grantor’s other distributor or vendor partners.

Appears in 2 contracts

Samples: Security Agreement (Buy Com Inc), Security Agreement (Buy Com Inc)

AutoNDA by SimpleDocs

Locations of Equipment and Inventory. All of the Equipment and Inventory is, as of the date hereof, located at the places specified in section 4(b) of the Disclosure Schedule hereto, except for Inventory and Equipment comprising of mobile goods which, in the ordinary course of business, is in transit either (i) from a supplier to the Grantor, (ii) between the locations specified in section 4(b) of the Disclosure Schedule hereto, or (iii) to customers of the Grantor, and except for Inventory held by Xxxxxx Micro, Inc. or Grantor’s 's other distributor or vendor partners.

Appears in 2 contracts

Samples: Security Agreement (Buy Com Inc), Security Agreement (Buy Com Inc)

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