Returned Goods. The Security Interest in the Inventory shall, without further act, attach to the cash and non-cash proceeds resulting from the sale or other disposition thereof and to all Inventory which is returned to the Borrower by customers or is otherwise recovered.
Appears in 7 contracts
Samples: Loan and Security Agreement (Syratech Corp), Loan and Security Agreement (International Comfort Products Corp), Loan and Security Agreement (Shoneys Inc)
Returned Goods. The Security Interest in the Inventory shall, without further act, attach to the cash and non-cash proceeds resulting from the sale or other disposition thereof and to all Inventory which is returned to the Borrower Borrowers by customers or is otherwise recovered.
Appears in 3 contracts
Samples: Loan and Security Agreement (Ild Telecommunications Inc), Loan and Security Agreement (Intellicall Inc), Loan and Security Agreement (Syratech Corp)
Returned Goods. The Security Interest in the Inventory shall, without further act, attach to the cash and non-cash proceeds resulting from the sale or other disposition thereof and to all Inventory which is returned to the any Borrower by customers or is otherwise recovered.
Appears in 2 contracts
Samples: Loan and Security Agreement (Supreme International Corp), Loan and Security Agreement (Galileo Corp)
Returned Goods. The Security Interest in the Inventory shall, without further act, attach to the cash and non-cash proceeds resulting from the sale or other disposition of Inventory thereof and to all Inventory which is returned to the Borrower by customers or is otherwise recovered.
Appears in 1 contract
Returned Goods. The Security Interest in the Inventory shall, without further act, attach to the cash and non-cash proceeds resulting from the sale or other disposition thereof and to all Inventory which is returned to the a Borrower by customers or is otherwise recovered.
Appears in 1 contract
