Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposes.
Appears in 65 contracts
Samples: Loan and Security Agreement (I Link Inc), Loan and Security Agreement (Orbital Sciences Corp /De/), Assumption Agreement (Cortelco Systems Inc)
Equipment. All of the Equipment is used or held for use in Borrower's Borrowers' business and is fit for such purposes.
Appears in 28 contracts
Samples: Loan and Security Agreement (Harolds Stores Inc), Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Childrens Place Retail Stores Inc)
Equipment. All of the Equipment of Borrower and its Subsidiaries is used or held for use in Borrower's their business and is fit for such purposes.
Appears in 18 contracts
Samples: Possession Loan and Security Agreement, Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Technology Growth Capital Inc)
Equipment. All of the Equipment is used or held for use in Borrower's ’s business and is fit for such purposes.
Appears in 11 contracts
Samples: Revolving Loan Agreement (Kennedy-Wilson Holdings, Inc.), Loan and Security Agreement (Bidz.com, Inc.), Loan and Security Agreement (RMH Teleservices Inc)
Equipment. All of the Equipment of Borrowers is used or held for use in Borrower's Borrowers' business and is fit for such purposes.
Appears in 9 contracts
Samples: Loan and Security Agreement (International Remote Imaging Systems Inc /De/), Loan and Security Agreement (K Tel International Inc), Loan and Security Agreement (Celebrity Inc)
Equipment. All of the Equipment is used or held for use in Borrower's Borrowers’ business and is fit for such purposes.
Appears in 7 contracts
Samples: Loan and Security Agreement (Old Evangeline Downs Capital Corp), Term Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Mercator Software Inc)
Equipment. All of the Equipment is used or held for use in the Borrower's business and is fit for such purposes.
Appears in 3 contracts
Samples: Credit and Security Agreement (Netlist Inc), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (International Displayworks Inc)
Equipment. All of the Equipment of Borrower is used or held for use in Borrower's its business and is fit for such purposes.
Appears in 3 contracts
Samples: Loan and Security Agreement (Horizon Technology Finance Corp), Loan and Security Agreement (Horizon Technology Finance Corp), Loan and Security Agreement (Horizon Technology Finance Corp)
Equipment. All of the Equipment is used or held for use in Borrower's Borrowers' --------- business and is fit for such purposes.
Appears in 3 contracts
Samples: Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Friede Goldman Halter Inc), Loan and Security Agreement (Learningstar Corp)
Equipment. All of the Equipment is used or held for use in each Borrower's business and is fit for such purposes.
Appears in 2 contracts
Samples: Loan and Security Agreement (Global Sports Inc), Loan and Security Agreement (Interiors Inc)
Equipment. All of the Equipment of Borrowers is used or held for use in Borrower's Borrowers’ business and is fit for such purposes.
Appears in 2 contracts
Samples: Loan and Security Agreement (Leslies Poolmart Inc), Loan and Security Agreement (Leslies Poolmart Inc)
Equipment. All of the Equipment of Borrowers and their Subsidiaries is used or held for use in Borrower's their business and is fit for such purposes.
Appears in 2 contracts
Samples: Loan and Security Agreement (Aegis Communications Group Inc), Loan and Security Agreement (Elxsi Corp /De//)
Equipment. All of the Equipment is used or held for use in Borrower's --------- business and is fit for such purposes.
Appears in 2 contracts
Samples: Loan and Security Agreement (Microstrategy Inc), Loan and Security Agreement (Microstrategy Inc)
Equipment. All of the Equipment is used or held for use in Borrower's business businesses and is fit for such purposes.
Appears in 2 contracts
Samples: Credit and Security Agreement (Global Axcess Corp), Credit and Security Agreement (Global Axcess Corp)
Equipment. All of the Equipment is used or held for use in Borrower's business Borrowers' businesses and is fit for such purposes.
Appears in 2 contracts
Samples: Loan and Security Agreement (Majestic Investor Capital Corp), Loan and Security Agreement (Majestic Investor Capital Corp)
Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposesbusiness.
Appears in 2 contracts
Samples: Loan and Security Agreement (Allied Products Corp /De/), Credit and Security Agreement (Ugly Duckling Corp)
Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposesBorrowers' business.
Appears in 1 contract
Samples: Loan and Security Agreement (General Datacomm Industries Inc)
Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposespurposes except for an immaterial amount of Equipment.
Appears in 1 contract
Samples: Loan and Security Agreement (Special Devices Inc /De)
Equipment. All Substantially all of the Equipment is used or held for use in Borrower's business and is fit for such purposes.
Appears in 1 contract
Samples: Loan and Security Agreement (MRS Fields Holding Co Inc)
Equipment. All of the Equipment of Borrower is used or held for use in Borrower's respective business and is fit for such purposes.
Appears in 1 contract
Equipment. All of the Equipment is used or held for use in the Borrower's ’s business and is fit for such purposes.
Appears in 1 contract
Samples: Credit and Security Agreement (Corsair Components, Inc.)
Equipment. All of the Equipment of Borrower and its Subsidiaries is used or held for use in Borrower's their business and is fit for such purposespurposes in all material respects.
Appears in 1 contract
Equipment. All of the Equipment is used or held for use in Borrower's or the Designated Subsidiaries' business and is fit for such purposes.
Appears in 1 contract
Samples: Loan and Security Agreement (Grant Geophysical Inc)
Equipment. All of the Borrower's Equipment is used or held for use in Borrower's business and is fit for such purposes.
Appears in 1 contract
Samples: Loan and Security Agreement (En Pointe Technologies Inc)
Equipment. All of the Equipment is used or held for use in Borrower's business or the businesses of its Subsidiaries and is fit for such purposes.
Appears in 1 contract
Samples: Loan and Security Agreement (Oneita Industries Inc)
Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposespurposes other than pieces of obsolete Equipment which the Borrower intends to write-off in the ordinary course of business.
Appears in 1 contract
Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposes.. 5.5
Appears in 1 contract
Samples: Loan and Security Agreement (CTC Communications Corp)
Equipment. All of the Equipment is used or held for use in Borrower's business ’s businesses and is fit for such purposes.
Appears in 1 contract
Equipment. All of the Equipment of Borrower and its Subsidiaries is used or held for use in their business and, to Borrower's business and knowledge, is fit for such purposes.
Appears in 1 contract
Samples: Loan and Security Agreement (Velocity Asset Management Inc)
Equipment. All of the Equipment of each Borrower is used or held for use in such Borrower's respective business and is fit for such purposes.
Appears in 1 contract
Samples: Loan and Security Agreement (Effective Management Systems Inc)
Equipment. All of the Equipment is used or held for use --------- in Borrowereach Debtor's business and is fit for such purposes.
Appears in 1 contract
Equipment. All of the Equipment is used or held for use in Borrower's --------- Borrowers' business and is fit for such purposes.
Appears in 1 contract
Equipment. All of the Equipment is used or held for use in Borrower's business and is fit for such purposespurposes in all material respects.
Appears in 1 contract
Equipment. All of the Equipment is used or held for use in Borrower's the business of Borrower and is fit for such purposes.
Appears in 1 contract
Equipment. All of the Equipment of Borrower and its Subsidiaries that is necessary or material to conduct their business is used or held for use in Borrower's their business and is fit for such purposes.
Appears in 1 contract
