Eligible Inventory. All Eligible Inventory is of good and merchantable quality, free from defects.
Appears in 27 contracts
Sources: Loan and Security Agreement (Global Sports Inc), Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Garden Botanika Inc)
Eligible Inventory. All Eligible Inventory is of good and merchantable quality, free from known defects.
Appears in 8 contracts
Sources: Loan and Security Agreement (West Marine Inc), Loan and Security Agreement (West Marine Inc), Loan and Security Agreement (West Marine Inc)
Eligible Inventory. All Eligible Inventory is of good and merchantable quality, free from material defects.
Appears in 2 contracts
Sources: Loan and Security Agreement (Samuels Jewelers Inc), Loan and Security Agreement (Samuels Jewelers Inc)
Eligible Inventory. All Eligible Inventory is of good and merchantable quality, and is free from defectsdefects which are likely to have a material effect on the value thereof, taken as a whole.
Appears in 1 contract