Merchantable Inventory. All Eligible Inventory is in all material respects of good and marketable quality, free from all material defects.
Appears in 3 contracts
Samples: Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc), Loan and Security Agreement (Novatel Wireless Inc)
Merchantable Inventory. All Eligible Inventory is in all material respects of good and marketable quality, free from all reasonable material defects.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ilx Lightwave Corp), Loan and Security Agreement (Ilx Lightwave Corp)
Merchantable Inventory. All Eligible Inventory is in all material respects of good and marketable quality, free from all material defectsdefects other than defects at such rate of occurrence as are customary and usual for information technology and consumer electronic goods and software.
Appears in 1 contract
Samples: Loan and Security Agreement (Aviza Technology, Inc.)
Merchantable Inventory. All Eligible Inventory is in all material respects of good and marketable quality, ,free from all material defects.
Appears in 1 contract
Merchantable Inventory. All Eligible Inventory is in all material respects of good and marketable quality, free from form all material defects.
Appears in 1 contract
