Common use of Notice of Returned Goods, etc Clause in Contracts

Notice of Returned Goods, etc. Borrowers will promptly notify, and will cause their Subsidiaries to promptly notify, Agent of the return, rejection or repossession of any goods sold or delivered to non-consumer purchasers in respect of any Receivables, and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Thousand Dollars ($100,000) for such month.

Appears in 4 contracts

Samples: Credit Agreement (DTLR Holding, Inc.), Credit Agreement (DTLR Holding, Inc.), Credit Agreement (DTLR Holding, Inc.)

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Notice of Returned Goods, etc. The Borrowers will promptly notify, and will cause their the Subsidiaries to promptly notify, the Agent of the return, rejection or repossession of any goods of the Borrowers or any Subsidiaries sold or delivered to non-consumer purchasers in respect of any Receivables, and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Fifty Thousand Dollars ($100,000150,000.00) for such month.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (Vse Corp), Business Loan and Security Agreement (Vse Corp)

Notice of Returned Goods, etc. The Borrowers will promptly notify, and will cause their the Subsidiaries to promptly notify, Agent the Lender of the return, rejection or repossession of any goods sold or delivered to non-consumer purchasers in respect of any Receivables, and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Thousand Dollars ($100,000100,000.00) for such month.

Appears in 2 contracts

Samples: Financing and Security Agreement (Rand Worldwide Inc), Financing and Security Agreement (Paradise Color Inc)

Notice of Returned Goods, etc. The Borrowers will promptly notify, and will cause their the Subsidiaries to promptly notify, the Administrative Agent of the return, rejection or repossession of any goods sold or delivered to non-consumer purchasers in respect of any Receivables, and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Thousand Million Dollars ($100,0001,000,000) for such month.

Appears in 2 contracts

Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)

Notice of Returned Goods, etc. The Borrowers will promptly notify, and will cause their the Subsidiaries to promptly notify, Agent the Lender of the return, rejection or repossession of any goods of the Borrowers or any Subsidiaries sold or delivered to non-consumer purchasers in respect of any Receivables, and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Fifty Thousand Dollars ($100,000150,000.00) for such month.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vse Corp)

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Notice of Returned Goods, etc. Borrowers The Borrower will promptly notify, and will cause their the Subsidiaries to promptly notify, the Agent of the return, rejection or repossession of any goods sold or delivered to non-consumer purchasers in respect of any Receivables, and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Thousand Dollars ($100,000) 350,000 for such month.

Appears in 1 contract

Samples: Financing and Security Agreement (Reunion Industries Inc)

Notice of Returned Goods, etc. Borrowers Each Borrower will promptly notify, and will cause their the Subsidiaries to promptly notify, Agent the Lender of the return, rejection or repossession of any goods sold or delivered to non-consumer purchasers in respect of any Receivables, and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Twenty-five Thousand Dollars ($100,00025,000.00) for such in any given calendar month.

Appears in 1 contract

Samples: Financing and Security Agreement (Flanders Corp)

Notice of Returned Goods, etc. The Borrowers will promptly notify, and will cause their the Subsidiaries to promptly notify, Agent the Lender of the return, rejection or repossession of any goods sold or delivered to non-consumer purchasers in respect of any ReceivablesReceivables (other than goods returned in the ordinary course of the Borrowers' rental business), and of any claims made in regard thereto to the extent that the aggregate purchase price of any such goods that are returned, rejected or repossessed by non-consumer purchasers in any given calendar month exceeds in the aggregate One Hundred Thousand Dollars ($100,000100,000.00) for such month.

Appears in 1 contract

Samples: Financing and Security Agreement (Clean Towel Service Inc)

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