Common use of As to Equipment and Inventory Clause in Contracts

As to Equipment and Inventory. (a) Each Grantor will keep the Equipment and Inventory of such Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such Grantor’s business) at the places therefor specified in Section 5(a) or, upon 30 days’ prior written notice to the Agent, at such other places in a jurisdiction where all action required by Section 6 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule II hereto shall be automatically amended to include such other places).

Appears in 3 contracts

Samples: General Security Agreement (Genta Inc De/), General Security Agreement (Genta Inc De/), General Security Agreement (Genta Inc De/)

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As to Equipment and Inventory. (a) Each Grantor will keep the Equipment and Inventory of such Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such Grantor’s 's business) at the places therefor specified in Section 5(a8(a) or, upon 30 days' prior written notice to the Collateral Agent, at such other places in a jurisdiction where all action required by Section 6 9 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule II III hereto shall be automatically amended to include such other places).

Appears in 3 contracts

Samples: Credit Agreement (Pacificare Health Systems Inc /De/), Security Agreement (Pacificare Health Systems Inc /De/), Collateral Security Agreement (Pacificare Health Systems Inc /De/)

As to Equipment and Inventory. (a) Each The Grantor will keep the Equipment and Inventory of such the Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such the Grantor’s 's business) at the places therefor specified in Section 5(a8(a) or, upon 30 days' prior written notice to the AgentCollateral Trustees, at such other places in a jurisdiction where all action required by Section 6 9 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule II III hereto shall be automatically amended to include such other places).

Appears in 2 contracts

Samples: Shared Collateral Security Agreement (Pacificare Health Systems Inc /De/), Credit Agreement (Pacificare Health Systems Inc /De/)

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As to Equipment and Inventory. (a) Each Grantor will keep the Equipment and Inventory of such Grantor (other than Inventory sold in the ordinary course of business, Equipment and Inventory constituting mobile goods or Equipment and Inventory in transit in the ordinary course of such Grantor’s businessbusiness or Equipment and Inventory disposed of as permitted under the Credit Agreement) at the places therefor specified in Section 5(a8(a) or, upon 30 days’ prior written notice to the Collateral Agent, at such other places in a jurisdiction where all action required by Section 6 9 shall have been taken with respect to such Equipment and Inventory (and, upon the taking of such action in such jurisdiction, Schedule II III hereto shall be automatically amended to include such other places).

Appears in 1 contract

Samples: Credit Agreement (Pacificare Health Systems Inc /De/)

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