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 now and at all times hereafter shall be of good and merchantable quality, free from defects.

Appears in 7 contracts

Samples: Loan and Security Agreement (Ag&e Holdings Inc.), Loan and Security Agreement (Reeds Inc), Loan and Security Agreement (Drinks Americas Holdings, LTD)

Merchantable Inventory. All ~~Inventory~~ inventory is now and at all times hereafter shall be of good and merchantable quality, free from defects, liens.

Appears in 1 contract

Samples: Inventory Advance Agreement (Escalon Medical Corp)

Merchantable Inventory. All Inventory is now and at all times hereafter shall be of good and merchantable quality, free from material defects, other than ordinary wear and tear or in respect of obsolescence or slow-moving Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Spar Group Inc)

Merchantable Inventory. All Eligible Inventory is now and at all times hereafter shall be of good and merchantable quality, free from defects.

Appears in 1 contract

Samples: Loan and Security Agreement (Farmstead Telephone Group Inc)

Common use of Merchantable Inventory Clause in Contracts