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)
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
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)