Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank shall have given its prior written authorization.
Appears in 12 contracts
Samples: Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Loan and Security Agreement (Vitacost.com, Inc.)
Tangible Collateral. Shall not, except Except as otherwise provided hereinherein or agreed to in writing by the Bank, allow any no Inventory or other tangible Collateral to collateral shall be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow . Upon the occurrence of any Event of Default, the Borrower shall, upon the request of the Bank, promptly assemble all tangible Collateral for delivery to the Bank or its agents. No tangible Collateral shall be allowed to become a fixture unless the Bank shall have given its prior written authorization.
Appears in 4 contracts
Samples: Term Loan and Security Agreement (Able Telcom Holding Corp), Credit and Security Agreement (Able Telcom Holding Corp), Credit and Security Agreement (Advanced Communication Systems Inc)
Tangible Collateral. Shall notShall, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor or allow any tangible Collateral to become a fixture unless Bank Collateral Agent shall have given its prior written authorization.
Appears in 2 contracts
Samples: Loan and Security Agreement (Video Display Corp), Subordination Agreement (Video Display Corp)
Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank Lender shall have given its prior written authorization, except as disclosed in the Certificate by Officers.
Appears in 2 contracts
Samples: Revolving Credit, Equipment Loan and Security Agreement (Transact Technologies Inc), Credit and Security Agreement (Transact Technologies Inc)
Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank shall have given its prior written authorizationexcept fixtures shown on Exhibit 4.9.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Sri Surgical Express Inc)
Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any material tangible Collateral to become a fixture unless Bank shall have given its prior written authorization.
Appears in 1 contract
Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture Fixture unless Bank shall have given its prior written authorization.
Appears in 1 contract
Samples: Revolving and Term Credit and Security Agreement (Aerosonic Corp /De/)
Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank Lender shall have given its prior written authorization.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Corgenix Medical Corp/Co)
Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank Lenders shall have given its prior written authorization.
Appears in 1 contract
Samples: Second Lien Term Loan and Security Agreement (Innotrac Corp)
Tangible Collateral. Shall not, except Except as otherwise provided herein, allow any no ------------------- Inventory or other tangible Collateral to shall be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any . No tangible Collateral shall be allowed to become a fixture unless Bank shall have given its prior written authorization.
Appears in 1 contract
Samples: Credit and Security Agreement (Pra International Inc)
Tangible Collateral. Shall notShall, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor or allow any tangible Collateral to become a fixture unless Bank Lender shall have given its prior written authorization.
Appears in 1 contract
Tangible Collateral. Shall not, except as otherwise provided ------------------- herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank shall have given its prior written authorization.
Appears in 1 contract
Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc)
Tangible Collateral. Shall not, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank shall have given its prior written authorization; provided, however, that the foregoing shall not restrict any Bottled Water Product Inventory from being in the possession of a Manufacturer, Distributor or Retailer at any time in the ordinary course of Borrower’s business.
Appears in 1 contract
Tangible Collateral. Shall not, except as otherwise provided herein, not allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor allow any tangible Collateral to become a fixture unless Bank shall have given its prior written authorizationfixture.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (G8wave Holdings, Inc.)
Tangible Collateral. Shall notShall, except as otherwise provided herein, allow any Inventory or other tangible Collateral to be commingled with, or become an accession to or part of, any property of any other Person so long as such property is Collateral; nor or allow any tangible Collateral to become a fixture unless Bank shall have given its prior written authorizationexcept fixture shown on Exhibit 4.8.
Appears in 1 contract
