Common use of Merchantable Inventory Clause in Contracts

Merchantable Inventory. To the Borrower's knowledge, all Inventory is in all material respects of good and marketable quality, free from all material defects.

Appears in 2 contracts

Samples: Loan and Security Agreement (Silknet Software Inc), Loan and Security Agreement (Synchronicity Inc)

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Merchantable Inventory. To the Borrower's knowledge, all All Inventory of Borrower is in all material respects of good and marketable quality, free from all material defects.

Appears in 2 contracts

Samples: Loan and Security Agreement (Faxsav Inc), Loan and Security Agreement (Faxsav Inc)

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