Common use of Equipment and Inventory Clause in Contracts

Equipment and Inventory. With respect to any Equipment and/or Inventory of a Grantor, each such Grantor has exclusive possession and control of such Equipment and Inventory of such Grantor except for (i) Equipment leased by such Grantor as a lessee, (ii) Equipment or Inventory in transit with common carriers or (iii) Equipment and/or Inventory in the possession or control of a warehouseman, bailee or any agent or processor of such Grantor to the extent such Grantor has complied with Section 4(e).

Appears in 7 contracts

Samples: Security and Pledge Agreement (AstroNova, Inc.), Security and Pledge Agreement, Security and Pledge Agreement (Nuvasive Inc)

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Equipment and Inventory. With respect to any Equipment material equipment and/or Inventory material inventory of a such Grantor, each such Grantor has exclusive possession and control of such Equipment equipment and Inventory inventory of such Grantor except for (i) Equipment equipment leased by such Grantor as a lessee, lessor or (ii) Equipment equipment or Inventory inventory in transit with common carriers or (iii) Equipment and/or Inventory in the possession or control of a warehouseman, bailee or any agent or processor of other carriers. No material inventory is held by such Grantor pursuant to the extent such Grantor has complied with Section 4(e)consignment, sale or return, sale on approval or similar arrangement.

Appears in 6 contracts

Samples: Guarantee and Collateral Agreement (PNG Ventures Inc), Control Agreement (Earth Biofuels Inc), Control Agreement (PNG Ventures Inc)

Equipment and Inventory. With respect to any Equipment and/or Inventory of a Grantor, each such Grantor has exclusive possession and control of such Equipment and Inventory of such Grantor except for (i) Equipment leased by such Grantor as a lessee, lessee or (ii) Equipment or Inventory in transit with common carriers or (iii) Equipment and/or carriers. No Inventory in the possession or control of a warehousemanGrantor is held by a Person other than a Grantor pursuant to consignment, bailee sale or any agent return, sale on approval or processor of such Grantor to the extent such Grantor has complied with Section 4(e)similar arrangement.

Appears in 2 contracts

Samples: Security Agreement (SPX FLOW, Inc.), Security Agreement (Veracyte, Inc.)

Equipment and Inventory. With respect to any Equipment and/or Inventory of a Grantor, each such Grantor has exclusive possession and control of such Equipment and Inventory of such Grantor except for (i) Equipment leased by such Grantor as a lessee, (ii) Equipment or Inventory in transit with common carriers or and (iii) Equipment and/or or Inventory in the possession or control of held by a warehousemanvendor, sales representative, bailee or any agent independent contractor pursuant to a written consignment, bailment, supply or processor of such Grantor to the extent such Grantor has complied service agreement with Section 4(e)a Grantor.

Appears in 1 contract

Samples: Security Agreement (C&d Technologies Inc)

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Equipment and Inventory. With respect to any Equipment and/or Inventory of a Grantor, each such Grantor has exclusive possession and control of such Equipment and Inventory of such Grantor except for (i) Equipment leased by such Grantor as a lessee, lessee or lessor or (ii) Equipment or Inventory in transit with common carriers or (iii) Equipment and/or carriers. No Inventory in the possession or control of a warehousemanGrantor is held by a Person other than a Grantor pursuant to consignment, bailee sale or any agent return, sale on approval or processor of such Grantor to the extent such Grantor has complied with Section 4(e)similar arrangement.

Appears in 1 contract

Samples: Security and Pledge Agreement (Abovenet Inc)

Equipment and Inventory. With respect to any Equipment and/or Inventory of a Grantor, each such Grantor has exclusive possession and control of such Equipment and Inventory of such Grantor except for (i) Equipment leased by such Grantor as a lessee, (ii) Equipment or Inventory in transit with common carriers or (iii) Equipment and/or Inventory in the possession or control of a warehouseman, bailee or any agent or processor of such Grantor to the extent such Grantor has complied with Section 4(e).) hereof. No Inventory of

Appears in 1 contract

Samples: Credit Agreement (Advanced Emissions Solutions, Inc.)

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