Common use of Returns of Inventory Clause in Contracts

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.

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 $1,000,000250,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 $1,000,00025,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 $1,000,0005,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 $1,000,000500,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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) the Administrative Agent is promptly notified if the aggregate Value value of all Inventory returned in any month exceeds $1,000,000250,000; and (d) any payment received by a Borrower for a return is promptly remitted to the Administrative Agent for application to the ObligationsObligations in accordance with Section 2.06(c).

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 $1,000,0003,000,000; and (d) any payment received by a Borrower for a return during any Trigger Period is promptly remitted to Agent for application to the Obligations.

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 $1,000,0005,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

Returns of Inventory. No Borrower shall not 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.

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 $1,000,000100,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 $1,000,000250,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 Fiscal Month exceeds $1,000,0002,000,000; and (d) any net cash payment for such proceeds received by a Borrower for a return is promptly remitted to Agent for application to the ObligationsObligations without a corresponding commitment reduction.

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 $1,000,0002,500,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 since delivery of the last Borrowing Base Certificate exceeds $1,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligationsa Dominion Account.

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; and (c) Agent is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,0007,500,000; and (d) any payment received by a Borrower in excess of the aggregate amount of $7,500,000 in any month for a return is promptly remitted to Agent for application to the Obligations.

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 Default, Dutch Overadvance, U.S. Overadvance 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.

Returns of Inventory. No Borrower shall not 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 (other than defective Inventory or Inventory returned by customers) exceeds $1,000,0002,500,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 $1,000,0002,500,000; and (d) any payment received by a Borrower in excess of the aggregate amount of $2,500,000 in any month for a return is promptly remitted to Agent for application to the Obligations.

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, Default or Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is promptly notified if the aggregate Value 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.

Returns of Inventory. No Borrower Borrowing Base Obligor 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 $1,000,0005,000,000; and (d) any payment received by a Borrower Borrowing Base Obligor for a return is promptly remitted to Agent for application to the Obligations.

Returns of Inventory. No Borrower shall return any Inventory to a supplier, vendor or other PersonPerson (other than a Subsidiary), 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; and (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.

Returns of Inventory. No Borrower shall return any Eligible 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 $1,000,0003,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 value of all Inventory returned in any month exceeds $1,000,00050,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 $1,000,00010,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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) the Administrative Agent is promptly notified if the aggregate Value Dollar Equivalent value of all Inventory returned in any month exceeds $1,000,000250,000; and (d) any payment received by a Borrower for a return is promptly remitted to the Administrative Agent for application to the ObligationsObligations in accordance with Section 2.06(c).

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 $1,000,0002,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 Lender is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000250,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent Lender for application to the Obligations.

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 $1,000,0005,000,000; and (d) any payment received by a Borrower in excess of the aggregate amount of $5,000,000 in any month for a return is promptly remitted to Agent for application to the Obligations.

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 $1,000,00010,000,000 (net of any purchase of Inventory from such supplier, vendor or other Person contemporaneously with such return); and (d) during any Sweep Trigger Period, any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

Returns of Inventory. No Borrower shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (aA) such return is in the Ordinary Course of Business; (bB) no Default, Event of Default or Overadvance exists or would result therefrom; (cC) Agent the Lender is promptly notified if the aggregate Value value of all Inventory returned in any month exceeds $1,000,000500,000; and (dD) any payment received by a Borrower for a return is promptly remitted to Agent the Lender for application to the Obligations.

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 Lender is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000100,000.00; and (d) during any Trigger Period, any payment received by a Borrower for a return is promptly remitted to Agent Lender for application to the Obligations.

Returns of Inventory. No Borrower shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (ai) such return is in the Ordinary Course of Business; (bii) no Default, Event of Default or Overadvance Out of Formula Condition exists or would result therefrom; (ciii) Agent is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,0001,500,000; and (div) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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 value of all Inventory returned in any a particular calendar month exceeds $1,000,000150,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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; and (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 Obligations2,000,000.

Returns of Inventory. No Borrower shall not 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 ordinary course of Businessbusiness; (b) no Default, Event of Default or Overadvance exists or would result therefrom; (c) Agent Lender is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000200,000; and (d) any payment received by a the Borrower for a return is promptly remitted to Agent Lender for application to the Obligations.

Returns of Inventory. No Borrower shall not 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 Lender is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000100,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent Lender for application to the Obligations.

Returns of Inventory. No Borrower shall not 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 Agent is promptly notified if the aggregate Value of Default or Overadvance exists or would result therefromall Eligible Inventory from any single supplier returned in any month exceeds $1,000,000; and (c) Agent is promptly notified if the aggregate Value of all Inventory returned in any month exceeds (x) $1,000,000; and 4,000,000 or (dy) any payment received by during the existence of a Borrower for a return is promptly remitted to Agent for application to the ObligationsDefault or Event of Default, $2,000,000.

Returns of Inventory. No The Borrower shall not 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; and (c) Agent the Lender is promptly notified if the aggregate Value 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 Obligations100,000.

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

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 ordinary course of Businessbusiness; (b) no Default, Event of Default or Overadvance exists or would result therefrom; (c) Agent Lender is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000200,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent Lender for application to the Obligations.

Returns of Inventory. No Borrower shall not 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 Lender is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000100,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent Lender for application to the Obligations.. LOAN AND SECURITY AGREEMENT -

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; and (c) the Administrative Agent is promptly notified if the aggregate Value 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.

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 Lender 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.and

Returns of Inventory. No Borrower or Subsidiary thereof 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 $1,000,000500,000; and (d) any payment received by a such Borrower or Subsidiary for a return is promptly remitted to Agent for application to the Obligations.

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 ordinary course of Businessbusiness; (b) no Default, Event of Default or Overadvance exists or would result therefrom; (c) Agent is Collateral Agents are promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,00010,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

Returns of Inventory. No Borrower shall not 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; and (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.

Returns of Inventory. No During Inventory Borrowing Period, 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 $1,000,000100,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

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; therefrom and (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 Obligations250,000.

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 the Lender is promptly notified if the aggregate Value value of all Inventory returned in any month exceeds $1,000,000500,000; and (d) any payment in excess of $500,000 received by a Borrower for a return is promptly remitted to Agent the Lender for application to the Obligations.

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 the Lender is promptly notified if the aggregate Value value of all Inventory returned in any a particular calendar month exceeds $1,000,000150,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent the Lender for application to the Obligations.

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 $1,000,00010,000,000; and (d) during a Dominion Trigger Period, any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

Returns of Inventory. No Borrower shall not 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 $1,000,000100,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.