Xxxx Inventory Sample Clauses

Xxxx Inventory. PRC shall be liable for contamination of the Xxxx Inventory, unless such contamination is due to Aron’s or its representative’s negligence or willful misconduct. As to contamination to the Xxxx Inventory for which PRC is liable pursuant to this Section 9.6, PRC shall promptly notify Xxxx of such contamination and the Parties shall account for any differences in the grade of the contaminated or downgraded Xxxx Inventory (including to the extent any such material no longer continues to meet the specifications for any Product for purposes hereof) pursuant to the volume determination, invoicing and payment procedures set forth in Sections 6.3, 12.1 and 12.5.
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Xxxx Inventory. DCR shall be liable for contamination of the Xxxx Inventory, unless such contamination is due to Aron’s or its representative’s negligence or willful misconduct. As to contamination to the Xxxx Inventory for which DCR is liable pursuant to this Section 9.6, DCR shall promptly notify Xxxx of such contamination and the Parties shall account for any differences in the grade of the contaminated or downgraded Xxxx Inventory (including to the extent any such material no longer continues to meet the specifications for any Product for purposes hereof) pursuant to the volume determination, invoicing and payment procedures set forth in Sections 6.3, 12.1 and 12.5.
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Xxxx Inventory. The Transaction Entities shall be liable for contamination of the Xxxx Inventory, unless such contamination is due to Aron’s or its representative’s negligence or willful misconduct. As to contamination to the Xxxx Inventory for which the Transaction Entities are liable pursuant to this Section 9.6, the Transaction Entities shall promptly notify Xxxx of such contamination and the Parties shall account for any differences in the grade of the contaminated or downgraded Xxxx Inventory (including to the extent any such material no longer continues to meet the specifications for any Product for purposes hereof) pursuant to the volume determination, invoicing and payment procedures set forth in Sections 6.3, 12.1 and 12.5.
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Related to Xxxx Inventory

  • 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.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

  • 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.

  • Physical Inventory Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests and promptly supply FINOVA with a copy of such accounts accompanied by a report of the value (calculated at the lower of cost or market value on a first in, first out basis) of the Inventory and such additional information with respect to the Inventory as FINOVA may request from time to time.

  • Eligible Inventory As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • 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.

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

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

  • Inventories The Operator shall maintain detailed records of Controllable Material.

  • Accounts and Inventory Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "

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