Inventory Representations and Warranties. The Borrower makes the following warranties and representation to the Lender as to each and every item of Inventory, whether now existing or hereafter created or acquired, unless otherwise disclosed in writing by the Borrower to the Lender: (a) all statements or representations made by the Borrower in any Schedule of Inventory (as hereinafter defined) or other documents furnished to the Lender by the Borrower with respect to such Inventory are true and correct; (b) all Inventory is located on premises referred to in Section 2.05(c) of the Agreement or is Inventory which is in transit and is so identified on the relevant Schedule of Inventory; and (c) no Inventory is now, nor at any time hereafter shall be, stored with a bailee, warehouseman or similar party without the Lender's prior written consent.
Inventory Representations and Warranties. In determining which items of Inventory constitute Eligible Inventory, Lender may rely on all reports, statements or representations made by either Borrower with respect to any Inventory. In the event any Inventory is or becomes ineligible, Borrowers shall promptly notify Lender upon obtaining knowledge of the same and, in any event, if any such report, statement or representation by either Borrower is breached or otherwise proves untrue, regardless of either Borrower's knowledge thereof, Lender may deem such Inventory ineligible, but Lender shall retain its security interest in all Inventory, eligible and ineligible, until all Obligations are paid and satisfied in full and this Agreement is terminated.
Inventory Representations and Warranties. 34 9.2 Ordinary Course Sales.....................................34
Inventory Representations and Warranties. Each Borrower warrants and represents to and covenants with Bank that: (a) Inventory shall be kept only at the locations specified in Schedule 7.5 hereof or of which Bank is notified hereafter pursuant to Paragraph 7.5; (b) each Borrower, at reasonable intervals upon the reasonable request of Bank therefor, shall execute and deliver to Bank designations of Inventory specifying the cost of Inventory and such other matters and information relating to Inventory as Bank may reasonably request; (c) each Borrower does now keep and hereafter at all times shall keep correct and accurate records itemizing and describing the kind, type, quality and quantity of Inventory, the cost therefor and selling price thereof and the daily withdrawals therefrom and additions thereto, all of which records shall be available to any of Bank's officers, employees or Bank for inspection and copying thereof; (d) Inventory is not now and shall not at any time or times hereafter be stored with a bailee, warehouseman or similar party without Bank's prior written consent and, in such event, such Borrower will concurrently therewith cause any such bailee, warehouseman or similar party to issue and deliver to Bank, in form and substance acceptable to Bank, warehouse receipts therefor in Bank's name; and (e) Inventory is not now and shall not at any time be consigned to any Person without Bank's prior written consent.
Inventory Representations and Warranties. Except as specifically disclosed on Exhibit O annexed hereto, with respect to all present and future Eligible Inventory included in the determination of the Borrowing Base:
Inventory Representations and Warranties. The Grantor represents and warrants to the Lender as follows as to each and every item of Inventory, whether now existing or hereafter created or acquired, that is listed on any report, certificate or other document furnished to the Lender, unless the Grantor discloses therein that the Grantor does not make any such representation or warranty with respect to such item of Inventory:
Inventory Representations and Warranties. 20 9.2 Ordinary Course Sales . . . . . . . . . . . . . . . . . . . . . . .20
Inventory Representations and Warranties. With respect to the Inventory: (a) Borrower shall produce, use, store and maintain the Inventory, with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with applicable laws (including, but not limited to, the requirements of the Federal Fair Labor Standards Act of 1938, as amended and all rules, regulations and orders related thereto); (b) Borrower assumes all responsibility and liability arising from or relating to the production, use, sale or other disposition of the Inventory; and (c) Borrower shall keep the Inventory in good and marketable condition.
Inventory Representations and Warranties. 55 Section 3.23 Forfeiture Proceeding.......................................55 Section 3.24 Americans with Disabilities Act.............................55 Section 3.25
Inventory Representations and Warranties. Except as specifically disclosed on Exhibit O, with respect to all present and future Eligible Inventory included in the determination of the Borrowing Base:
