Related Clauses

Eligible Inventory
Inventory
Accounts Receivable; Inventory
Physical Inventory
CURRENT INVENTORY OF QUALIFIED PROPERTY
Inventories
Inventory and Equipment
Inventory and Supplies
As to Equipment and Inventory
Physical Inventories

Parent Clauses

REPRESENTATIONS AND WARRANTIES
Definitions and Construction
Term
Creation of Security Interest
REPRESENTATIONS AND WARRANTIES AND COVENANTS
Right to Inspect
Definitions
AFFIRMATIVE COVENANTS
Affirmative Covenants of Borrower
Loan and Terms of Payment

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all material defects.

Appears in 118 contracts

Samples: Loan and Security Agreement (Silvaco Group, Inc.), Loan and Security Agreement (Ubiquiti Networks, Inc.), Loan and Security Agreement (Ubiquiti Networks, Inc.)

Merchantable Inventory. All Inventory (other than that software portion of Inventory that is work in progress) is in all material respects of good and marketable quality, free from all material defects.

Appears in 1 contract

Samples: Loan and Security Agreement (Mission Critical Software Inc)

Merchantable Inventory. All Inventory is in all material respects of good and has marketable quality, free from all material defects.

Appears in 1 contract

Samples: Loan Agreement (Lionbridge Technologies Inc /De/)

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all ~~material~~ natural defects.

Appears in 1 contract

Samples: Loan and Security Agreement (Speechworks International Inc)

Common use of Merchantable Inventory Clause in Contracts