STORAGE OF PURCHASED INVENTORY AND CERTAIN EQUIPMENT Sample Clauses

STORAGE OF PURCHASED INVENTORY AND CERTAIN EQUIPMENT. From the Closing Date through March 31, 1997 (the "Storage Period"), Seller shall, without any additional cost to Purchaser (except as expressly provided below), permit Purchaser to store the Purchased Inventory, the Purchased Equipment and any Leased Equipment covered by an Assumed Equipment Lease at Seller's warehouse facilities where such Inventory and Equipment are presently located (collectively, the "Warehouse Facilities"). During the Storage Period, Purchaser shall be responsible for the shipping and handling of the Purchased Inventory, and Seller shall allow Purchaser full access to the Warehouse Facilities for such purpose. Seller shall cause its employees to assist with the shipping and handling of the Purchased Inventory as requested by Purchaser, and, promptly upon receipt of an invoice therefor (which shall include reasonable detail in support thereof), Purchaser shall reimburse Seller for that portion of Seller's labor costs and other out-of-pocket costs that may reasonably be allocated to the assistance so provided. The Purchased Inventory shall not be shipped from the Warehouse Facilities except in accordance with the instructions of Purchaser. During the Storage Period, Seller shall allow Purchaser full access to such facilities for the purpose of examining or removing such Equipment. Such Equipment shall not be removed from such facilities except by Purchaser. Purchaser shall provide Seller a schedule of labor requirements no later than 10 days prior to Closing.
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Related to STORAGE OF PURCHASED INVENTORY AND CERTAIN EQUIPMENT

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • 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.

  • Inventory and Supplies Administrator shall order, purchase and provide to the Group on a timely basis inventory and supplies, and such other ordinary, necessary or appropriate materials which are requested by the Group and which the Group shall reasonably determine to be necessary in the operation of the Practice on the same terms commercially available to Administrator. Such inventory, supplies and other materials shall be included in Practice Expenses at their cost to Parent or Administrator, as the case may be.

  • 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.

  • 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.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • Acquired Assets Subject to the terms and conditions of this Agreement, at and as of the Closing, Seller shall sell, assign, convey, transfer and deliver to Purchaser, and Purchaser shall purchase, acquire and take assignment and delivery of, all of the assets (wherever located) (other than the Excluded Assets) that are owned by Seller or that are used by Seller in the Business, in each case free and clear of all Liens, including all of Seller’s right, title and interest in and to the following:

  • Included Assets The Assets referred to in Section 1.1(a)(ii) shall include, without limitation, the following assets, properties and rights of Seller used directly or indirectly in the conduct of, or generated by or constituting, the Business, except as otherwise expressly set forth in this Agreement:

  • Inventory and Equipment with Bailees Store the Inventory or Equipment of Parent, Borrowers or their respective Subsidiaries at any time now or hereafter with a bailee, warehouseman, or similar party.

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects.

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