Common use of Location of Inventory Clause in Contracts

Location of Inventory. Keep the Inventory only at the locations identified on Schedule 5.5; provided, however, that Administrative Borrower may amend Schedule 5.5 so long as such amendment occurs by written notice to Agent not less than 30 days prior to the date on which the Inventory is moved to such new location, so long as such new location is within the continental United States, and so long as, at the time of such written notification, the applicable Borrower provides any financing statements necessary to perfect and continue perfected the Agent’s Liens on such assets and also provides to Agent a Collateral Access Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries Inc)

AutoNDA by SimpleDocs

Location of Inventory. Keep the Inventory only at the locations identified on Schedule 5.5; provided, however, that Administrative Borrower may amend Schedule 5.5 so long as such amendment occurs by written notice to Agent not less than 30 days 10 Business Days prior to the date on which the Inventory is moved to such new location, so long as such new location is within the continental United States, and so long as, at the time of such written notification, the applicable Borrower provides any financing statements necessary to perfect and continue perfected the Agent’s Liens on such assets and also provides to Agent a Collateral Access Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries Inc)

Location of Inventory. Keep the Inventory only at the locations identified on Schedule 5.55.5 and between such locations to the extent in transit in the ordinary course of business; provided, however, that Administrative Borrower may amend Schedule 5.5 so long as such amendment occurs by written notice to Agent not less than 30 days 10 Business Days prior to the date on which the Inventory is moved to such new location, so long as such new location is within the continental United States, and so long as, at the time of such written notification, the applicable Borrower Loan Party provides any financing statements necessary to perfect and continue perfected the Agent’s 's Liens on such assets and also provides to Agent a Collateral Access Agreement, if applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries, Inc.)

Location of Inventory. Keep the Inventory only at the locations identified on Schedule 5.5; provided, however, that Administrative Borrower may amend Schedule 5.5 so long as such amendment occurs by written notice to Agent not less than 30 days prior to the date on which the Inventory is moved to such new location, so long as such new location is within the continental United States, and so long as, at the time of such written notification, the applicable Borrower provides any financing statements necessary to perfect and continue perfected the Agent’s 's Liens on such assets and also provides to Agent a Collateral Access Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Climachem Inc)

AutoNDA by SimpleDocs

Location of Inventory. Keep the Inventory only at the locations identified on Schedule 5.5; provided, however, that Administrative Borrower may amend Schedule 5.5 so long as such amendment occurs by written notice to Agent not less than 30 days 10 Business Days prior to the date on which the Inventory is moved to such new location, so long as such new location is within the continental United States, and so long as, at the time of such written notification, the applicable Borrower Loan Party provides any financing statements necessary to perfect and continue perfected the Agent’s Liens on such assets and also provides to Agent a Collateral Access Agreement, if applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries Inc)

Location of Inventory. Keep the Inventory only at the locations identified on Schedule 5.55.5 and between such locations to the extent in transit in the ordinary course of business; provided, however, that Administrative Borrower may amend Schedule 5.5 so long as such amendment occurs by written notice to Agent not less than 30 days 10 Business Days prior to the date on which the Inventory is moved to such new location, so long as such new location is within the continental United States, and so long as, at the time of such written notification, the applicable Borrower Loan Party provides any financing statements necessary to perfect and continue perfected the Agent’s Liens on such assets and also provides to Agent a Collateral Access Agreement, if applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.