Common use of All Inventory Clause in Contracts

All Inventory. The security interest in the Inventory granted to the Agent hereunder shall continue through all steps of manufacture and sale and attach without further act to raw materials, work in process, finished goods, returned goods, documents of title and warehouse receipts, and to proceeds resulting from the sale or other disposition of such Inventory. Until all of the Obligations have been satisfied, all Letters of Credit have been terminated or Collateralized and the Commitments have been terminated, the Agent's security interest in such Inventory and in all proceeds thereof shall continue in full force and effect and the Agent shall have, in its sole and absolute discretion at any time if an Event of Default has occurred and is continuing or the Agent believes that fraud has occurred, the right to take physical possession of such Inventory and to maintain it on the premises of a Borrower, in a public warehouse, or at such other place as the Agent may deem appropriate. If the Agent exercises such right to take possession of such Inventory, the Borrowers will, upon demand, and at the Borrowers' cost and expense, assemble such Inventory and make it available to the Agent at a place or places convenient to the Agent.

All Inventory. The security interest in the Inventory granted to the Agent hereunder Agent, for the ratable benefit of the Lenders, shall continue through all steps of manufacture and sale and attach without further act to raw materials, work in process, finished goods, returned goods, documents of title and title, warehouse receipts, and to proceeds resulting from the sale or other disposition of such Inventory. Until all of the Obligations have been satisfied, satisfied and all outstanding Letters of Credit have been terminated or Collateralized and the Commitments have been terminated, the Agent's security interest in such Inventory and in all proceeds thereof shall continue in full force and effect and the Agent shall have, in its sole and absolute discretion and at any time if upon the occurrence and continuance of an Event of Default has occurred and is continuing or if the Agent reasonably believes that fraud has occurred, the right to take physical possession of such Inventory and to maintain it on the premises of a Borrower, in a public warehouse, or at such other place as the Agent may deem appropriate. If the Agent exercises such right to take possession of such the Inventory, the Borrowers each Borrower will, upon demand, and at the Borrowers' such Borrower's cost and expense, assemble such the Inventory and make it available to the Agent at a place or places convenient to the Agent.

All Inventory. The security interest in the Inventory granted to the Agent hereunder shall continue through all steps of manufacture and sale and attach without further act to raw materials, work in process, finished goods, returned goods, documents of title and warehouse receipts, and to proceeds resulting from the sale or other disposition of such Inventory. Until all of the Obligations have been satisfied, all Letters of Credit have been terminated or Collateralized and the Commitments have been terminated, the Agent's ’s security interest in such Inventory and in all proceeds thereof shall continue in full force and effect and the Agent shall have, in its sole and absolute discretion at any time if an Event of Default has occurred and is continuing or the Agent believes that fraud has occurred, the right to take physical possession of such Inventory and to maintain it on the premises of a BorrowerGrantor, in a public warehouse, or at such other place as the Agent may deem appropriate. If the Agent exercises such right to take possession of such Inventory, the Borrowers Grantors will, upon demand, and at the Borrowers' Grantors’ cost and expense, assemble such Inventory and make it available to the Agent at a place or places convenient to the Agent.