Common use of Returns of Inventory Clause in Contracts

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (ai) such return is in the ordinary course of business; or (bii) no Defaultif such return is return is outside the ordinary course of business and the aggregate Value of all Inventory returned in any month exceeds $10,000,000, Event of Default or Overadvance exists or would result therefrom; and (cx) the Administrative Agent is promptly notified if and (y) an updated Borrowing Base Report reflecting such return is delivered to the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000Administrative Agent.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000250,000; and (d) any payment received by a Loan Party for a return is promptly remitted to the Administrative Agent for application to the Obligations.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (ai) such return is in the ordinary course of business; or (bii) no Defaultif such return is outside the ordinary course of business and the aggregate Value of all Inventory returned in any month exceeds $10,000,000, Event of Default or Overadvance exists or would result therefrom; and (cx) the Administrative Agent is promptly notified if and (y) an updated Borrowing Base Report reflecting such return is delivered to the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000Administrative Agent.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course Ordinary Course of businessBusiness; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is promptly notified if the aggregate value Value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000500,000; and (d) any payment received by a Loan Party for a return is promptly remitted to Agent for application to the Obligations.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless unless: (aA) such return is in the ordinary course of business; (bB) no Default, Event of Default or Overadvance exists or would result therefrom; and (cC) the Administrative Agent is promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course Ordinary Course of businessBusiness; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent Lender is promptly notified if the aggregate value Value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000250,000; and (d) any payment received by a Loan Party for a return is promptly remitted to Lender for application to the Obligations.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is Agents are promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,00010,000,000.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent Collateral Agents areAgent is promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is Agents are promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,0003,500,000.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Collateral Agent is promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000.

Returns of Inventory. No Loan Party shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the ordinary course of business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is Agents are promptly notified if the aggregate value of all Inventory returned outside of the ordinary course of business in any month exceeds $5,000,000.