Common use of Returns of Inventory Clause in Contracts

Returns of Inventory. No Borrower 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;

Returns of Inventory. No Borrower shall return any of its Inventory to a suppliersupplier or vendor thereof, vendor or any other Person, whether for cash, credit against future purchases or then existing payables, or otherwise, unless (ai) such return is in the Ordinary Course ordinary course of Businessbusiness of such Borrower; (bii) no Default, Default or Event of Default or Overadvance exists at the time of such return or would result therefrom;; and (iv) any payments received by a Borrower in connection with any such return are promptly turned over to Agent for application to the Obligations.

Returns of Inventory. No Borrower 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) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations to the extent required under Section 8.2.4.

Returns of Inventory. No Borrower shall return any of its Inventory to a suppliersupplier or vendor thereof, vendor or any other Person, whether for cash, credit against future purchases or then existing payables, or otherwise, unless (ai) such return is in the Ordinary Course of BusinessBusiness of such Borrower and such Person; (bii) no Default, Default or Event of Default or Overadvance exists or would result therefrom;

Returns of Inventory. No Borrower 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 applicable to such Borrower or its Borrower Group exists or would result therefrom;; and (c) any payment received by a Borrower for a return is promptly remitted to the Applicable Agent for application to the Obligations to the extent required under Section 8.2.4.

Returns of Inventory. No Borrower 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; and (b) no Default, Event of Default or Overadvance exists or would result therefrom;.

Returns of Inventory. No Borrower 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) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

Returns of Inventory. No Borrower shall not return any of its Inventory to a suppliersupplier or vendor thereof, vendor or any other Person, whether for cash, credit against future purchases or then existing payables, or otherwise, unless (a) such return is in the Ordinary Course ordinary course of Business; (b) no Default, Event business of Default or Overadvance exists or would result therefrom;Borrower and such Person and any payments received by Borrower in connection with any such return is promptly turned over to Lender for application to the Obligations.