Sales on Consignment. Debtor shall promptly notify Lender of all sales of Inventory on consignment, on sale or return or on sale or approval, and Debtor shall take all steps requested by Lender to protect Debtor’s interest in such Inventory and to perfect Lender’s security interest in such Inventory.
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Samples: Loan and Security Agreement (Chromcraft Revington Inc), Loan and Security Agreement (Skyline Corp)
Sales on Consignment. Debtor Borrower shall promptly notify Lender Bank of all sales of Inventory on consignment, on “sale or return return” or on “sale or on approval, ,” and Debtor Borrower shall take all steps requested by Lender Bank to protect DebtorBorrower’s interest in such Inventory and to perfect LenderBank’s security interest in such Inventory.
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Samples: Loan and Security Agreement (Pioneer Power Solutions, Inc.)
Sales on Consignment. Debtor Borrower shall promptly notify Lender Bank of all sales of Inventory on consignment, on sale or return or on sale or approval, and Debtor Borrower shall take all steps requested by Lender Bank to protect Debtor’s Borrower's interest in such Inventory and to perfect Lender’s Bank's security interest in such Inventory.
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