Common use of Bailees, Warehousemen, Etc Clause in Contracts

Bailees, Warehousemen, Etc. As of the Closing Date, except as set forth on Schedule 3.06 hereto, no Inventory of any Grantor is in the care or custody of any third party or stored or entrusted with a bailee or other third party and no Inventory with an aggregate value in excess of $3,000,000 shall hereafter be placed under such care, custody, storage or entrustment unless a Collateral Access Agreement is delivered to the Collateral Agent by such third party or bailee.

Appears in 2 contracts

Samples: Security Agreement (COHOES FASHIONS of CRANSTON, Inc.), Security Agreement (COHOES FASHIONS of CRANSTON, Inc.)

AutoNDA by SimpleDocs

Bailees, Warehousemen, Etc. As of the Closing Date, except Except as set forth on Schedule 3.06 3.05 hereto, no Inventory of any Grantor is in the care or custody of any third party or stored or entrusted with a bailee or other third party and no Inventory with an aggregate value in excess of $3,000,000 none shall hereafter be placed under such care, custody, storage or entrustment unless a Collateral Access Agreement is delivered to the Collateral Agent by such third party or bailee.

Appears in 2 contracts

Samples: Security Agreement (Cost Plus Inc/Ca/), Security Agreement (Rue21, Inc.)

AutoNDA by SimpleDocs

Bailees, Warehousemen, Etc. As of the Closing Date, except as set forth on Schedule 3.06 hereto, no Inventory of any Grantor is in the care or custody of any third party or stored or entrusted with a bailee or other third party and no Inventory with an aggregate value in excess of $3,000,000 1,000,000 shall hereafter be placed under such care, custody, storage or entrustment unless a Collateral Access Agreement is delivered to the Collateral Agent by such third party or bailee.

Appears in 2 contracts

Samples: Security Agreement (Music123, Inc.), Security Agreement (Music123, Inc.)

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