Common use of Safekeeping of Inventory Clause in Contracts

Safekeeping of Inventory. The Grantor shall be responsible for the safekeeping of its Inventory, and, subject to Section 16 hereof, in no event shall the Secured Parties have any responsibility for:

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Merlin Software Technologies International Inc), Security Agreement (Merlin Software Technologies International Inc)

AutoNDA by SimpleDocs

Safekeeping of Inventory. The Grantor shall be responsible for the safekeeping of its Inventoryinventory, and, subject to Section 16 hereof, in no event shall the Secured Parties have any responsibility for:

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Merlin Software Technologies International Inc), Amended and Restated Security Agreement (Merlin Software Technologies International Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!