Common use of Inventory and Equipment Clause in Contracts

Inventory and Equipment. Store the Inventory or Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or Equipment. Except for that sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower shall keep the Inventory and Equipment only at the locations set forth in the Schedule and such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's security interest.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pharmchem Laboratories Inc), Loan and Security Agreement (Pharmchem Inc)

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Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower shall keep the Inventory and Equipment only at the locations set forth in on the Schedule and such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's security interest.

Appears in 2 contracts

Samples: Loan and Security Agreement (Evolve Software Inc), Loan and Security Agreement (Evolve Software Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower shall keep the Inventory and Equipment only at the locations location set forth in the Schedule Section 10 and such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's security interest.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pumatech Inc), Loan and Security Agreement (Us Search Corp Com)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower shall keep the Inventory and Equipment only at the locations location set forth in the Schedule and such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's security interest.Section

Appears in 1 contract

Samples: Loan and Security Agreement (Us Search Corp Com)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower Borrowers shall keep the Inventory and Equipment only at the locations location set forth in the Schedule Section 10 and such other locations of which Borrower gives Borrowers give Bank prior written notice and as to which Borrower signs and files Bank has filed a financing statement where needed to perfect Bank's security interest.

Appears in 1 contract

Samples: Loan and Security Agreement (Inphonic Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party other than a fulfillment house unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank Borrower may approve in writingdetermine is reasonably necessary for the conduct of its business, Borrower shall keep the Inventory and Equipment only at the locations location set forth in the Schedule Section 10 hereof and such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's security interestnotice.

Appears in 1 contract

Samples: Loan and Security Agreement (Therma Wave Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower shall keep the Inventory and Equipment only at the locations set forth in Section 10 and the Schedule Schedule, and at such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's ’s security interest.

Appears in 1 contract

Samples: Disbursement Instructions (Vastera Inc)

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Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower Borrowers shall keep the Inventory and Equipment only at the locations location set forth in the Schedule Section 10 and such other locations of which Borrower gives Borrowers give Bank prior written notice and as to which Borrower signs and files Bank has filed a financing statement where needed to perfect Bank's ’s security interest.

Appears in 1 contract

Samples: Loan and Security Agreement (Inphonic Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower shall keep the Inventory and Equipment only at the locations location set forth in the Schedule Section 10 and such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's ’s security interest.

Appears in 1 contract

Samples: Loan and Security Agreement (Safeguard Scientifics Inc)

Inventory and Equipment. Store the Inventory or the Equipment with a bailee, warehouseman, or similar party unless Bank has received a pledge of the warehouse receipt covering such Inventory or EquipmentInventory. Except for that Inventory sold in the ordinary course of business and except for such other locations as Bank may approve in writing, Borrower shall keep the Inventory and Equipment only at the locations location set forth in the Schedule Section 10 hereof and such other locations of which Borrower gives Bank prior written notice and as to which Borrower signs and files a financing statement where needed to perfect Bank's security interest.

Appears in 1 contract

Samples: Loan and Security Agreement (Viewlocity Inc)

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