Common use of As to Equipment and Inventory Clause in Contracts

As to Equipment and Inventory. (a) Each Grantor will keep the Equipment and Inventory of such Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such Grantor's business) at the places therefor specified in Section 8(a) or, upon 30 days' prior written notice to the Collateral Agent, at such other places in a jurisdiction where all action required by Section 9 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule III hereto shall be automatically amended to include such other places).

Appears in 3 contracts

Samples: Security Agreement (Pacificare Health Systems Inc /De/), Credit Agreement (Pacificare Health Systems Inc /De/), Collateral Security Agreement (Pacificare Health Systems Inc /De/)

AutoNDA by SimpleDocs

As to Equipment and Inventory. (a) Each Grantor will keep the Equipment and Inventory of such Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such Grantor's ’s business) at the places therefor specified in Section 8(a5(a) or, upon 30 days' prior written notice to the Collateral Agent, at such other places in a jurisdiction where all action required by Section 9 6 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule III II hereto shall be automatically amended to include such other places).

Appears in 3 contracts

Samples: General Security Agreement (Genta Inc De/), General Security Agreement (Genta Inc De/), General Security Agreement (Genta Inc De/)

As to Equipment and Inventory. (a) Each The Grantor will keep the Equipment and Inventory of such the Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such the Grantor's business) at the places therefor specified in Section 8(a) or, upon 30 days' prior written notice to the Collateral AgentTrustees, at such other places in a jurisdiction where all action required by Section 9 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule III hereto shall be automatically amended to include such other places).

Appears in 2 contracts

Samples: Credit Agreement (Pacificare Health Systems Inc /De/), Shared Collateral Security Agreement (Pacificare Health Systems Inc /De/)

As to Equipment and Inventory. (a) Each Grantor will keep the Equipment and Inventory of such Grantor (other than (i) Off-Site Goods and (ii) Equipment and 215 Inventory sold in as specifically allowed under Section 5.02(f) of the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such Grantor's businessCredit Agreement) at the places therefor specified in Section 8(a9(a) or, upon 30 days' prior written notice to the Collateral Administrative Agent, at such other places in a jurisdiction where all action required by Section 9 10 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule III hereto shall be automatically amended to include such other places).

Appears in 1 contract

Samples: Credit Agreement (Tanner Chemicals Inc)

AutoNDA by SimpleDocs

As to Equipment and Inventory. (a) Each Grantor will keep the Equipment and Inventory of such Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such Grantor's business’s business or Equipment and Inventory disposed of as permitted under the Credit Agreement) at the places therefor specified in Section 8(a) or, upon 30 days' prior written notice to the Collateral Agent, at such other places in a jurisdiction where all action required by Section 9 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule III hereto shall be automatically amended to include such other places).

Appears in 1 contract

Samples: Credit Agreement (Pacificare Health Systems Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.