Common use of Inventory Clause in Contracts

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 95 contracts

Sources: Revolving Credit and Security Agreement (Virco MFG Corporation), Revolving Credit and Security Agreement (Virco MFG Corporation), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 20 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Capstone Holding Corp.), Revolving Credit and Security Agreement (TCP International Holdings Ltd.), Revolving Credit and Security Agreement (Goodman Networks Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced produced, in all material respects, by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 12 contracts

Sources: Revolving Credit and Security Agreement (Emerge Energy Services LP), Senior Secured Priming and Superpriority Debtor in Possession Credit and Security Agreement (Emerge Energy Services LP), Revolving Credit and Security Agreement (Emerge Energy Services LP)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower Borrower, in all material respects, in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 9 contracts

Sources: Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc), Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc), Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any a Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 3 contracts

Sources: Revolving Credit and Security Agreement (TCP International Holdings Ltd.), Revolving Credit and Term Loan Agreement (Richton International Corp), Revolving Credit, Term Loan and Security Agreement (Richton International Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any BorrowerLoan Party or any of its Subsidiaries, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Sources: Term Loan and Security Agreement (Boot Barn Holdings, Inc.), Term Loan and Security Agreement (Boot Barn Holdings, Inc.)

Inventory. To the extent Inventory held for sale or lease has been produced by any a Borrower, it has been and will be produced by such Borrower in accordance accordance, in all material respects, with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.), Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunderthereunder and any equivalent legislation under Canadian Applicable Laws.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (SMTC Corp), Revolving Credit, Term Loan and Security Agreement (Katy Industries Inc)

Inventory. To the extent Inventory held for sale or lease has been --------- produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Air Methods Corp), Revolving Credit Loan and Security Agreement (Intelligroup Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (SMTC Corp), Revolving Credit and Security Agreement (Finish Line Inc /In/)

Inventory. To the extent All Inventory held for sale or lease has been been, and will be, produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Fonda Group Inc), Revolving Credit and Security Agreement (Fonda Group Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by Borrower or any Borrowerof its Subsidiaries, it has been and will be produced by such Borrower and its Subsidiaries in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 2 contracts

Sources: Credit and Security Agreement (Pc Connection Inc), Credit and Security Agreement (Pc Connection Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance compliance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (Atari Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced in all material respects by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Foster L B Co)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with with, to the extent applicable, the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (HMG Worldwide Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder. Appraisals of the Inventory of Borrower may be conducted by Agent, at Borrower's expense, annually or at more frequent intervals as Agent may reasonably request.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Badger Paper Mills Inc)

Inventory. To the extent Inventory inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Term Loan and Security Agreement (U S Wireless Data Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any BorrowerBorrower in the United States, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Tecumseh Products Co)

Inventory. To the extent Inventory held for sale or lease has --------- been produced by Borrower or any Borrowerof its Subsidiaries, it has been and will be produced by such Borrower and its Subsidiaries in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Credit and Security Agreement (Pc Connection Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such any Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Franklin Electronic Publishers Inc)

Inventory. To the extent Inventory held for sale or lease has --------- been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal 55 Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any the Borrower, it has been and will be produced by such the Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Horsehead Holding Corp)

Inventory. To the extent All Inventory held for sale or lease has been produced by any BorrowerBorrower (other than Inventory purchased or acquired by Borrower from its Clients) has been, it has been and will be be, produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Allstate Financial Corp /Va/)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Measurement Specialties Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.. 074658.01845/123458281v.1

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (SMTC Corp)

Inventory. To With respect to Inventory, to the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Credit and Security Agreement (Lexington Precision Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any or on behalf of Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Ante5, Inc.)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder. Borrower shall provide appraisals of the Inventory of Borrower, performed by an appraisal firm satisfactory to Agent, at the expense of Borrower, at least once during every 360 days during the Term.

Appears in 1 contract

Sources: Revolving Credit Loan and Security Agreement (Champion Parts Inc)

Inventory. To the extent Inventory held for sale or lease pursuant to any Specified Export Order Contract has been produced by any Borrower, it has been and will be produced by such Borrower in accordance in all material respects with the Federal Fair Labor Standards Act of 1938, as amended, modified or supplemented and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (United States Steel Corp)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance accordance, in all material respects, with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Rheometric Scientific Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower Borrower, to the extent applicable, in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Bentley Systems Inc)

Inventory. To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in all material respects in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Swank Inc)