Eligible Accounts and Inventory. Promptly upon becoming aware thereof, notify Lender if any Account or Inventory identified by Borrower to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 5 contracts
Samples: Loan and Security Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Obsidian Enterprises Inc)
Eligible Accounts and Inventory. Promptly upon becoming aware thereof, notify Lender if any Account or Inventory identified by such Borrower to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 4 contracts
Samples: Loan and Security Agreement (Broadwind Energy, Inc.), Loan and Security Agreement (Wells Gardner Electronics Corp), Loan and Security Agreement (Novitron International Inc)
Eligible Accounts and Inventory. Promptly upon becoming aware thereof, notify Lender if any Account or Inventory identified by Borrower the Borrowers to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 2 contracts
Samples: Loan and Security Agreement (WESTMORELAND COAL Co), Loan and Security Agreement (DHB Capital Group Inc /De/)
Eligible Accounts and Inventory. Promptly upon becoming aware thereof, notify Lender if any Account or Inventory identified by Borrower Borrowers to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 2 contracts
Samples: Loan and Security Agreement (Katy Industries Inc), Loan and Security Agreement (Coast Distribution System Inc)
Eligible Accounts and Inventory. Promptly upon becoming aware thereof, notify Lender if any Account or Inventory identified by such Borrower to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 1 contract
Samples: Credit and Security Agreement (Mendocino Brewing Co Inc)
Eligible Accounts and Inventory. Promptly As soon as practicable upon becoming aware thereof, notify Lender if any Account or Inventory identified by Borrower to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 1 contract
Eligible Accounts and Inventory. Promptly upon ------------------------------- becoming aware thereof, notify Lender if any Account or Inventory identified by Borrower to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 1 contract
Samples: Loan and Security Agreement (Gibraltar Packaging Group Inc)
Eligible Accounts and Inventory. Promptly upon any Company becoming aware thereof, notify Lender if any Account Accounts or Inventory identified by Borrower any Company to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 1 contract
Eligible Accounts and Inventory. Promptly upon becoming aware thereof, notify Lender if any Account or Inventory identified by Borrower to Lender as an Eligible Account or Eligible Inventory becomes ineligible for any reason.
Appears in 1 contract
Samples: Credit and Security Agreement (Singing Machine Co Inc)
