Common use of ASSET BASED TERMS IN EFFECT Clause in Contracts

ASSET BASED TERMS IN EFFECT. During all periods in which the Asset Based Terms are in effect, Parent (on a consolidated basis) shall comply with the following covenant as of the end of each month:

Appears in 2 contracts

Sources: Loan Agreement (Mobility Electronics Inc), Loan Agreement (Mobility Electronics Inc)

ASSET BASED TERMS IN EFFECT. During all periods in which the Asset Based Terms are in effect, Parent (on a consolidated basis) shall comply with the following covenant as of the end of each month:month (or such other fiscal period (if any) expressly specified below):

Appears in 1 contract

Sources: Loan Agreement (Mobility Electronics Inc)