Permitted Collateral Locations definition

Permitted Collateral Locations means such term as defined in Section 3(b) hereof.
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Permitted Collateral Locations means locations that Debtor would be permitted to have collateral at under Section 9.2 of the Loan and Security Agreement dated April 15, 1999, among Congress Financial Corporations (Central), Huntco Steel, Inc., Midwest Products, Inc., Huntco Inc., Huntco Nevada, Inc., and HSI Aviation, Inc., provided Debtor complies with all covenants and obligations set forth in such Section as though Secured Party were the Lender under such Loan and Security Agreement.
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Permitted Collateral Locations is defined in Section 8.18.
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Examples of Permitted Collateral Locations in a sentence

  • The Debtors own and shall at all times own all Permitted Collateral Locations, except to the extent otherwise disclosed under Columns 2 and 3 on Schedule A.

  • The Debtors own and shall continue to own the Permitted Collateral Locations except to the extent otherwise disclosed under Columns 2 and 3 on Schedule A.

  • The Debtor owns and shall at all times own all Permitted Collateral Locations, except to the extent otherwise disclosed under Item 2 on Schedule A.

  • The Debtor owns and shall at all times own all Permitted Collateral Locations, except to the extent otherwise disclosed in the Perfection Certificate.

  • If for any reason Collateral is at any time kept or located at locations other than the Permitted Collateral Locations, the Agent shall nevertheless have and retain a security interest therein.

  • The Collateral is and shall remain in the Debtor’s possession or control at the locations listed in the Perfection Certificate (collectively, the “Permitted Collateral Locations”), except for (i) Collateral which in the ordinary course of the Debtor’s business is in transit between Permitted Collateral Locations and (ii) Collateral aggregating less than $50,000 in fair market value outstanding at any one time.

  • The Company owns and will at all times own all Permitted Collateral Locations, except to the extent otherwise indicated on Schedule A.

  • Each such Credit Party represents and warrants, and shall hereafter be deemed to have represented and warranted, that, as of the time any Inventory shall become subject to the security interest hereunder, such Inventory is located at its respective Permitted Collateral Locations unless otherwise permitted by Section 3(b).

  • The applicable Obligor owns and shall at all times own all Permitted Collateral Locations, except to the extent otherwise disclosed on Schedule I.

  • All of the Collateral is located at the Permitted Collateral Locations or is in transit to or from such locations.