Common use of Consigned Inventory Clause in Contracts

Consigned Inventory. The Grantor will keep and maintain complete and accurate books and records identifying all Inventory held on consignment, all sales thereof, identification of the consignor thereof, a true and complete copy of the consignment agreement between the Grantor and such consignor in respect thereof, and accounts payable by the Grantor to such consignor in respect thereof. The Grantor agrees that it will not grant to any such consignor any interest in proceeds (including cash proceeds, Accounts, Instruments, Chattel Paper, or Contracts constituting proceeds) of any such consigned inventory.

Consigned Inventory. The Each Grantor will keep and maintain complete and accurate books and records identifying all Inventory held on consignment, all sales thereof, identification of the consignor thereof, a true and complete copy of the consignment agreement between the such Grantor and such consignor in respect thereof, and accounts payable by the such Grantor to such consignor in respect thereof. The Each Grantor agrees that it will not grant to any such consignor any interest in proceeds (including cash proceeds, Accounts, Instruments, Chattel Paper, or Contracts constituting proceeds) of any such consigned inventory.