Export-Related Inventory and Other Assets Sample Clauses

Export-Related Inventory and Other Assets. (a) All Export-Related Inventory and Export-Related Overseas Inventory represented by Borrower in an Export-Related Borrowing Base Certificate to constitute Eligible Export-Related Inventory and Eligible Export-Related Overseas Inventory satisfies all relevant eligibility criteria as of the date of such Export-Related Borrowing Base Certificate (subject to the discretion of the Lender and Ex-Im Bank); (b) all information regarding Export-Related Inventory and Export-Related Overseas Inventory and Other Assets (if any) contained in Export-Related Borrowing Base Certificates and related schedules delivered to Lender will be true and correct as of the date of such Export-Related Borrowing Base Certificate, subject to immaterial variance; (c) the Export-Related Inventory Value, Export-Related Overseas Inventory Value and the Other Assets Value (if any) will be determined in the manner set forth in their respective definition in the Borrower Agreement; (d) except as agreed to the contrary by Lender in writing, all Eligible Export-Related Inventory and Eligible Export-Related Overseas Inventory and Other Assets are now and at all times hereafter will be in Borrower’s physical possession; (e) all Eligible Export-Related Inventory and Eligible Export-Related Overseas Inventory are now and at all times hereafter will be of good and merchantable quality, free from defects; (f) no Eligible Export-Related Inventory or Eligible Export-Related Overseas Inventory is now and none at any time hereafter will be stored with a processor, bailee, warehouseman, or similar party without Lender’s prior written consent; and (g) Lender and Ex-Im Bank shall have the right at any time during normal business hours and at Borrower’s expense to check and test Export-Related Inventory and Export-Related Overseas Inventory and Other Assets (if any) as to quality, value, and condition.
Sample 1
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Related to Export-Related Inventory and Other Assets

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Inventory and Supplies Administrator shall order, purchase and provide to the Group on a timely basis inventory and supplies, and such other ordinary, necessary or appropriate materials which are requested by the Group and which the Group shall reasonably determine to be necessary in the operation of the Practice on the same terms commercially available to Administrator. Such inventory, supplies and other materials shall be included in Practice Expenses at their cost to Parent or Administrator, as the case may be.

  • Contracts and Other Collateral The Company shall perform all of its obligations under or with respect to each instrument, receivable, contract and other intangible included in the Pledged Property to which the Company is now or hereafter will be party on a timely basis and in the manner therein required, including, without limitation, this Agreement.

  • Equipment and Other Tangible Property The Company or one of its Subsidiaries owns and has good title to, and has the legal and beneficial ownership of or a valid leasehold interest in or right to use by license or otherwise, all material machinery, equipment and other tangible property reflected on the books of the Company and its Subsidiaries as owned by the Company or one of its Subsidiaries, free and clear of all Liens other than Permitted Liens. All material personal property and leased personal property assets of the Company and its Subsidiaries are structurally sound and in good operating condition and repair (ordinary wear and tear expected) and are suitable for their present use.

  • Financial Statements; Borrowing Base and Other Information The Borrowers will furnish to the Administrative Agent and each Lender:

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Notification to Account Debtors and Other Persons Obligated on Collateral If a Default or an Event of Default shall have occurred and be continuing, each Grantor shall, at the request and option of the Administrative Agent, notify account debtors and other persons obligated on any of the Collateral of the security interest of the Administrative Agent in any account, chattel paper, general intangible, instrument or other Collateral and that payment thereof is to be made directly to the Administrative Agent or to any financial institution designated by the Administrative Agent as the Administrative Agent’s agent therefor, and the Administrative Agent may itself, if a Default or an Event of Default shall have occurred and be continuing, without notice to or demand upon any Grantor, so notify account debtors and other persons obligated on Collateral. After the making of such a request or the giving of any such notification, the applicable Grantor shall hold any proceeds of collection of accounts, chattel paper, general intangibles, instruments and other Collateral received by such Grantor as trustee for the Administrative Agent, for the benefit of the Secured Parties and the Administrative Agent, without commingling the same with other funds of any Grantor and shall turn the same over to the Administrative Agent in the identical form received, together with any necessary endorsements or assignments. The Administrative Agent shall apply the proceeds of collection of accounts, chattel paper, general intangibles, instruments and other Collateral received by the Administrative Agent to the Obligations, such proceeds to be immediately credited after final payment in cash or other immediately available funds of the items giving rise to them.

  • Delivery and Other Perfection The Company shall:

  • Patents and Other Intangible Assets (a) The Company (i) owns or has the right to use, free and clear of all Liens, claims and restrictions, all patents, trademarks, service marks, trade names, copyrights, licenses and rights with respect to the foregoing used in or necessary for the conduct of its business as now conducted or proposed to be conducted without infringing upon or otherwise acting adversely to the right or claimed right of any Person under or with respect to any of the foregoing and (ii) is not obligated or under any liability to make any payments by way of royalties, fees or otherwise to any owner or licensor of, or other claimant to, any patent, trademark, service xxxx, trade name, copyright or other intangible asset, with respect to the use thereof or in connection with the conduct of its business or otherwise.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

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