Common use of Negotiable Documents of Title Clause in Contracts

Negotiable Documents of Title. No Negotiable Documents of Title are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to Grantor, (B) between the locations specified in Schedule II hereto, or (C) to customers of Grantor).

Appears in 2 contracts

Samples: Credit Agreement (FWT Inc), Company Security Agreement (FWT Inc)

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Negotiable Documents of Title. No Negotiable Documents of Title ----------------------------- are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 1,000,000 or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to such Grantor, (B) between the locations specified in Schedule II 5(b) hereto, or (C) to customers of such Grantor).. -------------

Appears in 2 contracts

Samples: 18 Borrower Security Agreement (Dominos Pizza Government Services Division Inc), Subsidiary Security Agreement (Dominos Pizza Government Services Division Inc)

Negotiable Documents of Title. No Negotiable Documents of Title ----------------------------- are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 500,000 or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to Grantor, (B) between the locations specified in Schedule II heretoGrantor's retail locations, or (C) to customers of Grantor).

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Sandhills Inc), Company Security Agreement (Sandhills Inc)

Negotiable Documents of Title. No Negotiable Documents of ----------------------------- Title are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 500,000 or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to Grantor, (B) between the locations specified in Schedule II heretoGrantor's retail locations, or (C) to customers of Grantor).

Appears in 1 contract

Samples: Subsidiary Security Agreement (Pantry Inc)

Negotiable Documents of Title. No Negotiable Documents of Title are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 500,000 or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to Grantor, (B) between the locations specified in Schedule II I hereto, or (C) to customers of Grantor).

Appears in 1 contract

Samples: Credit Agreement (Dictaphone Corp /De)

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Negotiable Documents of Title. No Negotiable Documents of Title are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 1,000,000 or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to Grantor, (B) between the locations specified in Schedule II I hereto, or (C) to customers of Grantor).

Appears in 1 contract

Samples: Credit Agreement (Bell Industries Inc)

Negotiable Documents of Title. No Negotiable Documents of Title are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 500,000 or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to Grantor, (B) between the locations specified in Schedule II hereto, or (C) to customers of Grantor).

Appears in 1 contract

Samples: Credit Agreement (Dictaphone Corp /De)

Negotiable Documents of Title. No Negotiable Documents of Title are outstanding as of the date hereof with respect to any of the Inventory (other than in respect of (i) Inventory with an aggregate value not in excess of $50,000 ________ or (ii) Inventory which, in the ordinary course of business, is in transit either (A) from a supplier to any Grantor, (B) between the locations specified in Schedule II 4(b) hereto, or (C) to customers of any Grantor).

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

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