Common use of Merchantable Inventory Clause in Contracts

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)

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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)

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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)

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