Common use of Merchantable Inventory Clause in Contracts

Merchantable Inventory. All inventory which is included in the Borrowing Base is of good and merchantable quality and free from defects.

Appears in 8 contracts

Samples: Agreement (Ico Inc), Business Loan Agreement (Calgene Inc /De/), Business Loan Agreement (Fresh America Corp)

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Merchantable Inventory. All inventory which is included in the ---------------------- Borrowing Base is of good and merchantable quality and free from material defects.

Appears in 1 contract

Samples: Business Loan Agreement (Aztec Manufacturing Co)

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Merchantable Inventory. All inventory Inventory which is included in the Borrowing Base is of good and merchantable quality and free from any material defects.;

Appears in 1 contract

Samples: Credit Agreement (Gt Bicycles Inc)

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