Common use of Covenants Relating to Inventory Clause in Contracts

Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense.

Appears in 11 contracts

Samples: Security Agreement (Premier, Inc.), Security Agreement (Premier, Inc.), Agency Succession and Amendment Agreement (GateHouse Media, Inc.)

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Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, subject to policies and procedures relating to obsolete, defective, damaged, or slow-moving items and items held for return that are normal and customary in the ordinary course of any Obligor’s business.

Appears in 4 contracts

Samples: Security Agreement (Pantry Inc), Security Agreement (Pantry Inc), Security Agreement (Pantry Inc)

Covenants Relating to Inventory. (ia) Maintain, keep and preserve its the Inventory in good salable saleable condition consistent with past practices at its own cost and expense.

Appears in 4 contracts

Samples: Security Agreement (Chiquita Brands International Inc), Security Agreement (Chiquita Brands International Inc), Security Agreement (Chiquita Brands International Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its the Inventory in good salable good, rentable condition at its own cost and expense.

Appears in 3 contracts

Samples: Security Agreement (National Equipment Services Inc), Security Agreement (M & M Properties Inc), Security Agreement (MST Enterprises Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, other than a de minimis amount of Inventory which, in the ordinary course of the Obligors' business, fails to be so maintained, kept and preserved.

Appears in 2 contracts

Samples: Security Agreement (Nacco Industries Inc), Security Agreement (Nacco Industries Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, in accordance with the provisions of the Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (Unifi Inc), Security Agreement (Nationsrent Companies Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its the Inventory in good salable condition at its own cost and expense.

Appears in 2 contracts

Samples: Security Agreement (Galey & Lord Inc), Security Agreement (Galey & Lord Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, subject to normal wear and tear and the discarding of perishable goods that are usable, consumed or consumable in any Obligor’s ordinary course of business.

Appears in 1 contract

Samples: Security Agreement (Carrols Restaurant Group, Inc.)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable usable condition at its own cost and expense, in accordance with the provisions of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (World Air Holdings, Inc.)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its the Inventory in good salable condition at its own cost and expense.

Appears in 1 contract

Samples: Security Agreement (Sterile Recoveries Inc)

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Covenants Relating to Inventory. (i) Maintain, keep and preserve its the Inventory in good salable saleable condition at its own cost and expense.

Appears in 1 contract

Samples: Security Agreement (Fresh Foods Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its material Inventory in good salable condition at its own cost and expense.

Appears in 1 contract

Samples: Security Agreement (Armor Holdings Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, subject to policies and procedures relating to obsolete, defective, damaged, or slow-moving items and items held for return that are normal and customary in the ordinary course of any Obligor's business.

Appears in 1 contract

Samples: Security Agreement (Pantry Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its material Inventory in good salable condition at its own cost and expenseexpense in accordance with past practices.

Appears in 1 contract

Samples: Credit Agreement (Nci Building Systems Inc)

Covenants Relating to Inventory. (i) Maintain, keep and preserve its Inventory in good salable condition at its own cost and expense, in accordance with the provisions of the Indenture.

Appears in 1 contract

Samples: Security Agreement (Unifi Inc)

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