Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "
Appears in 3 contracts
Samples: Loan and Security Agreement (Tarpon Industries, Inc.), Loan and Security Agreement (Horizon Medical Products Inc), Loan and Security Agreement (Delphax Technologies Inc)
Accounts and Inventory. Each Account or item of Inventory which a Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "Eligible Inventory" as set forth herein and as otherwise established by Lender from time to time.
Appears in 2 contracts
Samples: Loan and Security Agreement (Novitron International Inc), Loan and Security Agreement (Digital Recorders Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "“Eligible Account" ” and "“
Appears in 2 contracts
Samples: Loan and Security Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Sri Surgical Express Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible AccountELIGIBLE ACCOUNT" and "
Appears in 2 contracts
Samples: Loan and Security Agreement (Cohen Phillip Ean), Loan and Security Agreement (Allied Healthcare Products Inc)
Accounts and Inventory. Each Account or item of Inventory which a Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "
Appears in 2 contracts
Samples: Loan and Security Agreement (Numatics Inc), Loan and Security Agreement (Lucille Farms Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "“Eligible Account" ” and "“Eligible Inventory” as set forth herein.
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which a Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "of
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, ,expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "
Appears in 1 contract
Samples: Loan and Security Agreement (Gibraltar Packaging Group Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower any Company shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "“Eligible Account" ” and "“Eligible Inventory” as set forth herein and as otherwise established by Lender from time to time.
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which Borrower the Borrowers shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible AccountELIGIBLE ACCOUNT" and "ELIGIBLE INVENTORY" as set forth herein.
Appears in 1 contract
Samples: Loan and Security Agreement (DHB Capital Group Inc /De/)
Accounts and Inventory. Each Account or item of Inventory which any Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions definition of "“Eligible Account" ” as set forth herein and "as otherwise established by Lender from time to time.
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible AccountELIGIBLE ACCOUNT" and "ELIGIBLE INVENTORY" as set forth herein.
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" and "Eligible Inventory" as set forth herein and as otherwise established by Lender from time to time.
Appears in 1 contract
Samples: Loan and Security Agreement (Obsidian Enterprises Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower or any Subsidiary Obligor shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions definition of "“Eligible Account" and "” as set forth herein.
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which any Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" Account and "Eligible Inventory as set forth herein.
Appears in 1 contract
Samples: Loan and Security Agreement (Broadwind Energy, Inc.)
Accounts and Inventory. Each Account or item of Inventory which a Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all material respects to the requirements of such classification as set forth in the respective definitions of "“Eligible Account" ” and "“Eligible Inventory” as set forth herein and as otherwise established by Lender from time to time.
Appears in 1 contract
Samples: Credit and Security Agreement (Mendocino Brewing Co Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower Borrowers shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions definition of "Eligible Account" as set forth herein and "as otherwise established by Lender from time to time.
Appears in 1 contract
Samples: Loan and Security Agreement (Am Communications Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower Borrowers shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" Account and "Eligible Inventory as set forth herein and as otherwise established by Lender in its sole discretion exercised in good faith from time to time.
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which Borrower Borrowers shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "Eligible Account" Account and "Eligible Inventory as set forth herein and as otherwise established by Lender from time to time.
Appears in 1 contract
Accounts and Inventory. Each Account or item of Inventory which either Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "“Eligible Account" ” and "“Eligible Inventory” as set forth herein and as otherwise established by Lender from time to time.
Appears in 1 contract
Samples: Loan and Security Agreement (Wells Gardner Electronics Corp)
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "“Eligible Account" ” and "“Eligible Inventory” as set forth herein and as otherwise established by Lender from time to time.
Appears in 1 contract
Samples: Credit and Security Agreement (Singing Machine Co Inc)
Accounts and Inventory. Each Account or item of Inventory which Borrower shall, expressly or by implication, request Lender to classify as an Eligible Account or as Eligible Inventory, respectively, shall, as of the time when such request is made, conform in all respects to the requirements of such classification as set forth in the respective definitions of "“Eligible Account" ” and "“Eligible Inventory” as set forth herein and as otherwise established by Lender from time to time.
Appears in 1 contract
Samples: Perry-Judds Inc
