Merchantable Inventory. All inventory which is included in the Borrowing Base is of good and merchantable quality and free from defects.
Appears in 8 contracts
Samples: Business Loan Agreement (Quidel Corp /De/), Business Loan Agreement (Fresh America Corp), Business Loan Agreement (Calgene Inc /De/)
Merchantable Inventory. All inventory which is included in the Borrowing Base is of good and merchantable quality and free from material defects.
Appears in 3 contracts
Samples: Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace)
Merchantable Inventory. All material quantities of inventory which is are included in the Borrowing Base is are of good and merchantable quality and free from defects.
Appears in 1 contract
Samples: Agreement (Sport Chalet Inc)
