Common use of Inventory Location Clause in Contracts

Inventory Location. Each such Credit Party represents and warrants, and shall hereafter be deemed to have represented and warranted, that, as of the time any Inventory shall become subject to the security interest hereunder, such Inventory is located at its respective Permitted Collateral Locations unless otherwise permitted by Section 3(b).

Appears in 2 contracts

Sources: Security and Pledge Agreement (Anvil Holdings Inc), Security and Pledge Agreement (Cottontops Inc)