Common use of Inventory; Returns Clause in Contracts

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 50 contracts

Samples: Loan and Security Agreement (Intrabiotics Pharmaceuticals Inc /De), Loan and Security Agreement (Divx Inc), Loan and Security Agreement (Vascular Solutions Inc)

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Inventory; Returns. Borrower will shall keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will shall follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than Fifty Thousand Dollars ($50,00050,000.00).

Appears in 15 contracts

Samples: Loan and Security Agreement (Genzyme Transgenics Corp), Loan Modification Agreement (Critical Therapeutics Inc), Loan and Security Agreement (Art Technology Group Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000100,000.

Appears in 12 contracts

Samples: Loan and Security Agreement (Corillian Corp), Loan and Security Agreement (Stentor Inc), Loan and Security Agreement (Fusion Medical Technologies Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 11 contracts

Samples: Loan and Security Agreement (Legato Systems Inc), Loan and Security Agreement (Volcano CORP), Loan and Security Agreement (Comverge, Inc.)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 7 contracts

Samples: Loan and Security Agreement (Digitalthink Inc), Loan and Security Agreement (Clarent Corp/Ca), Loan and Security Agreement (Vixel Corp)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000250,000.

Appears in 5 contracts

Samples: Loan and Security Agreement (Silicon Storage Technology Inc), Loan and Security Agreement (Brio Technology Inc), Loan Agreement (Ats Medical Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000250,000.

Appears in 3 contracts

Samples: Loan and Security Agreement (Paradigm Genetics Inc), Loan and Security Agreement (Drugstore Com Inc), Loan and Security Agreement (Skinmedica Inc)

Inventory; Returns. Borrower will shall keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will shall follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than One Hundred Thousand Dollars ($50,000100,000.00).

Appears in 3 contracts

Samples: Loan and Security Agreement (ExactTarget, Inc.), Loan Modification Agreement (Archemix Corp.), Loan and Security Agreement (Nanosys Inc)

Inventory; Returns. Borrower will keep all Inventory inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 3 contracts

Samples: Loan and Security Agreement (Quokka Sports Inc), Loan and Security Agreement (Netscout Systems Inc), Loan and Security Agreement (Webridge Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000occur after the occurrence and during the continuance of an Event of Default.

Appears in 2 contracts

Samples: Loan and Security Agreement (Harmonic Inc), Loan and Security Agreement (Harmonic Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices practices, as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Zars Inc/Ut), Loan and Security Agreement (Advanced Power Technology Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pharsight Corp), Loan and Security Agreement (Click2learn Com Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this the Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Esperion Therapeutics Inc/Mi), Loan and Security Agreement (Esperion Therapeutics Inc/Mi)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000100,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Loudeye Corp), Loan and Security Agreement (Synthetech Inc)

Inventory; Returns. Borrower Borrowers will keep all Inventory Inventory, if any, in good and marketable condition, free from material defects. Returns and allowances between each Borrower and its account debtors will follow such Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower Borrowers must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement by And (Kanbay International Inc), Loan and Security Agreement by And (Kanbay International Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices practices, as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returnsreturns (other than products returned in conjunction with product upgrades), recoveries, disputes and claims, claims that involve more than $50,000250,000 in the aggregate in any twelve (12) month period.

Appears in 2 contracts

Samples: Loan and Security Agreement (Netlogic Microsystems Inc), Loan and Security Agreement (Netlogic Microsystems Inc)

Inventory; Returns. Each of Borrower and its Subsidiaries will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank Lender of all returns, recoveries, disputes and claims, claims that involve more than One Hundred Thousand Dollars ($50,000100,000.00).

Appears in 2 contracts

Samples: Loan and Security Agreement (Breakaway Solutions Inc), Loan and Security Agreement (Breakaway Solutions Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Transoma Medical Inc), Loan and Security Agreement (Endocardial Solutions Inc)

Inventory; Returns. Borrower will keep all material Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 2 contracts

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

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000500,000.

Appears in 2 contracts

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

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this the Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,00050,000 in any one instance.

Appears in 2 contracts

Samples: Loan and Security Agreement (Stereotaxis, Inc.), Loan and Security Agreement (Stereotaxis, Inc.)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and or claims, that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Smart Move, Inc.), Loan and Security Agreement (Smart Move, Inc.)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's Borrowers customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Actuate Software Corp), Loan and Security Agreement (Zefer Corp)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from form material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000300,000, excluding distributor stock rotation.

Appears in 2 contracts

Samples: Loan and Security Agreement (California Micro Devices Corp), Loan and Security Agreement (California Micro Devices Corp)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than Fifty Thousand Dollars ($50,00050,000.00).

Appears in 1 contract

Samples: Loan and Security Agreement (Healthcare Com Corp)

Inventory; Returns. Each Borrower will keep all its Inventory in good and marketable condition, free from material defects. Returns and allowances between each Borrower and its account debtors will follow such Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Each Borrower must promptly notify Bank of all returns, recoveries, disputes disputes, and claims, claims that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecollege Com)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Displaytech Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.. 6.4

Appears in 1 contract

Samples: Loan and Security Agreement (Cardiac Science Inc)

Inventory; Returns. Borrower will shall keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will shall follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than One Hundred Thousand Dollars ($50,000100,000.00), in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Color Kinetics Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreementon the Effective Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000500,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Critical Path Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims by its account debtors that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Dpac Technologies Corp)

Inventory; Returns. Borrower will shall keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will shall follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than Two Hundred and Fifty Thousand Dollars ($50,000250,000.00).

Appears in 1 contract

Samples: Loan and Security Agreement (Open Solutions Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors Account Debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Viewlocity Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and arid allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (DemandTec, Inc.)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that would be likely to involve a loss or return of more than $50,000200,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Plumtree Software Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank when the aggregate value of all returns, recoveries, disputes and claims, that involve claims with respect to a single customer involves more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Broadvision Inc)

Inventory; Returns. Borrower will shall keep all Inventory in good and marketable condition, free from material defectsdefects normal wear and tear excepted. Returns and allowances between Borrower and its account debtors will shall follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must shall promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than Fifty Thousand Dollars ($50,00050,000.00).

Appears in 1 contract

Samples: Loan Modification Agreement (Athenahealth Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, . disputes and claims, claims that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Zynex Medical Holdings Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Exim Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Daleen Technologies Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreementpractices. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000250,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Synaptics Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank Agent of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Onyx Software Corp/Wa)

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Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000100,000, excluding distributor stock rotation.

Appears in 1 contract

Samples: Loan and Security Agreement (California Micro Devices Corp)

Inventory; Returns. Borrower will shall keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will shall follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than Fifty Thousand Dollars ($50,00050,000.00), for each such return, recovery, dispute or claim.

Appears in 1 contract

Samples: Loan and Security Agreement (Stereotaxis, Inc.)

Inventory; Returns. Each Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between any Borrower and its account debtors will follow such Borrower's customary practices in all material respects as they exist at execution of this Agreement. Borrower Borrowers must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. defects Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, . recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Liquid Audio Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank when the aggregate value of all returns, recoveries, disputes and claims, that involve claims with respect to a single customer involves more than $50,000200,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Intraware Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices practices, as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecollege Com)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000100,000.

Appears in 1 contract

Samples: Loan and Security Agreement Xata Corporation (Xata Corp /Mn/)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than Five Million Dollars ($50,0005,000,000).

Appears in 1 contract

Samples: Loan and Security Agreement (Callidus Software Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all credit only returns, recoveries, disputes and claims, that involve more than $50,0001,000,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Storage Technology Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000100,000, excluding any returns from distributors of unprogrammed Inventory which involve less than $500,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Quicklogic Corporation)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returnsreturns (excluding exchanges), recoveries, disputes and claims, that involve more than $50,000100,000 when there are outstanding Advances.

Appears in 1 contract

Samples: Loan and Security Agreement (Interpore International /Ca/)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000750,000.

Appears in 1 contract

Samples: Loan and Security Agreement (PortalPlayer, Inc.)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.. 6.4

Appears in 1 contract

Samples: Loan and Security Agreement (Tanisys Technology Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,00050,000.00 per occurrence.

Appears in 1 contract

Samples: Loan and Security Agreement (Hotjobs Com LTD)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreementthe Closing Date. Borrower must promptly notify Bank of all returnseach return, recoveriesrecovery, disputes dispute and claims, claim that involve involves more than $50,000500,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Exe Technologies Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary customary, practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Scientific Learning Corp)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns Returns, concessions and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all any returns, concessions, recoveries, disputes and claims, that involve more than $50,000100,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Witness Systems Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable conditioncondition (except for ordinary wear and tear), free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000100,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Packeteer Inc)

Inventory; Returns. Borrower will shall keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will shall follow Borrower's customary practices as they exist at execution of this Agreementthe Effective Date. Borrower must promptly notify Bank Lenders of all returns, recoveries, disputes and claims, that which involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (SGX Pharmaceuticals, Inc.)

Inventory; Returns. Borrower will keep all Inventory Inventory, if any, in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Infonow Corp /)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all any returns, recoveries, disputes and claims, that involve more than $50,000100,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Abovenet Communications Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreementpractices. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000250,000.

Appears in 1 contract

Samples: Loan Modification Agreement (Synaptics Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow be in accordance with Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000100,000.

Appears in 1 contract

Samples: Loan and Security Agreement (North American Scientific Inc)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices in all material respects as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000250,000 in the aggregate during any month or more than $1,000,000 in any period of six (6) consecutive months.

Appears in 1 contract

Samples: Loan and Security Agreement (Concurrent Computer Corp/De)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,00050,000 on a joint basis for all Borrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (I Flow Corp /De/)

Inventory; Returns. Borrower will keep all Inventory inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, claims that involve more than $50,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Lantronix)

Inventory; Returns. Borrower will keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its account debtors will follow Borrower's ’s customary practices as they exist at execution of this Agreement. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims, that involve more than $50,000200,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Occam Networks Inc/De)

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