Common use of Inventory and Equipment Clause in Contracts

Inventory and Equipment. All inventory and equipment of every type or description wherever located, including, but not limited to all raw materials, parts, containers, work in process, finished goods, goods in transit, wares, merchandise, furniture, fixtures, hardware, machinery, tools, parts, supplies, automobiles, trucks, other intangible personalty of whatever kind and wherever located associated with Grantor's business, tools and goods returned for credit, repossessed, reclaimed or otherwise reacquired by the Grantor; and

Inventory and Equipment. All inventory and equipment of every type or description wherever located, including, but not limited to all raw materials, parts, containers, work in process, finished goods, goods in transit, wares, merchandise, merchandise furniture, fixtures, hardware, machinery, tools, parts, supplies, automobiles, trucks, other intangible personalty of whatever kind and wherever located associated with Grantor's business, tools and goods returned for credit, repossessed, reclaimed or otherwise reacquired by the Grantor; and