Quality of Inventory Sample Clauses

Quality of Inventory. To the Knowledge of Company, all inventory of any Product in possession or control of Company or any of its Subsidiaries (a) is not adulterated or misbranded (within the meaning of the Food and Drug Act or the rules and regulations of the FDA promulgated thereunder; and (b) is manufactured, labeled and packaged in accordance with cGMPs and with all other applicable laws. Company has taken reasonable precautions to ensure that all inventory of any Product in possession or control of Company or any of its Subsidiaries (a) is not adulterated or misbranded (within the meaning of the Food and Drug Act or the rules and regulations of the FDA promulgated thereunder and (b) is manufactured, labeled and packaged in accordance with cGMPs and with all other applicable laws.
Sample 1Sample 2Sample 3See All (6)
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Quality of Inventory. Borrower shall be responsible for the quantity, quality, condition and value of the inventory selected by Borrower and financed under this Agreement. Bank shall have no liability of any nature because of the failure of any inventory to conform to Borrower's specifications, and any dispute between the manufacturer or others and Borrower with respect to such inventory shall not affect Borrower's obligation to Bank to pay amounts Advanced hereunder.
Sample 1Sample 2Sample 3See All (5)
Quality of Inventory. The Borrower shall (i) only sell Inventory that is appropriate for the marketplace in which the Inventory is sold and (ii) not knowingly sell Inventory that is counterfeit.
Sample 1Sample 2
Quality of Inventory. The Inventory shall designated by MarketSource, subject to iTurf's and the Company's reasonable requests, and shall be of size and placement generally consistent with other inventory sold by MarketSource in the following high-school and college directed vehicles: Campus Trial Pak, Study Breaker, term Planner, The Campus Source, Sports Illustrated/Campus Fest, Spring Into Action and High School Source (collectively, the "MARKETSOURCE NETWORK").
Sample 1
Quality of Inventory. With the exception of certain inventory that is in repairable condition, due to it being for a rotable pool and/or SPEX pool, the Inventory is of a quality that is in operating condition and will be of a quality that is in operating condition as of the date the Inventory will be shipped to Purchaser pursuant to the applicable Transition Services Agreement as of the time immediately prior to shipment. Any inventory described in the exception in the preceding sentence will be repaired by Seller and brought into operating condition prior to shipment to Purchaser at no additional cost to Purchaser, such that the rotable and SPEX pools quality remains consistent with past practice.
Sample 1
Quality of Inventory. The Inventory shall be designated by ITURF and shall be of size and placement generally consistent with other inventory sold on the ITURF network of Web sites (the "ITURF NETWORK"), subject, however, to the reasonable requests of MarketSource clients. Subject to SCHEDULE 1 and the other terms and conditions hereof, the Inventory may consist of: (1) banner advertising (2) internet promotions (3) category sponsorship (4) performance advertising agreements (5) e-commerce agreements
Sample 1

Related to Quality of Inventory

  • Location of Inventory Except as set forth in Schedule 4.25, the Inventory of Borrowers and their Subsidiaries is not stored with a bailee, warehouseman, or similar party and is located only at, or in-transit between, the locations identified on Schedule 4.25 to this Agreement (as such Schedule may be updated pursuant to Section 5.14).

  • Location of Inventory and Equipment The Inventory and Equipment are not stored with a bailee, warehouseman, or similar party (without Foothill's prior written consent) and are located only at the locations identified on Schedule 6.12 or otherwise permitted by Section 6.12.

  • Sale of Inventory Purchaser shall purchase (or shall cause its Affiliates to purchase) the Inventory in separate transactions in accordance with the terms and conditions contained in the Supply Agreement. It is agreed and understood by and between the Parties that the Purchase Price does not include the Inventory.

  • Returns of Inventory No Borrower shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the Ordinary Course of Business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; (c) Agent is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

  • Waiver of Inventory, Accounting and Appraisal Requirement The Trustee shall be relieved of, and each Certificateholder hereby waives, any requirement of any jurisdiction in which the Trust, or any part thereof, may be located that the Trustee file any inventory, accounting or appraisal of the Trust with any court, agency or body at any time or in any manner whatsoever.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Administration of Inventory Borrower shall keep records of its and its Subsidiaries’ Inventory which records shall be complete and accurate and complete in all material respects. Borrower shall furnish to Agent Inventory reports concurrently with the delivery of each Borrowing Base Certificate described in subsection 8.1.4 or more frequently as requested by Agent, which reports will be in such other format and detail as Agent shall request and shall include a current list of all locations of Borrower’s Inventory. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall reasonably request.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects, except for Inventory for which adequate reserves have been made.

  • Physical Inventory The Contractor shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract completion or termination. The Property Administrator may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor’s system or the property is to be transferred to a follow-on contract).

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