Common use of As to Equipment and Inventory Clause in Contracts

As to Equipment and Inventory. a. Except as permitted by Section 5.14 of the Credit Agreement, Grantor will keep all the Equipment and Inventory (other than Inventory and Equipment sold in the ordinary course of business or as otherwise permitted by the Credit Agreement) at the places therefor specified in Section 2.1 or (upon prior written notice to Administrative Agent of at least 30 calendar days) at such other places in a jurisdiction where all of the representations and warranties in Article 2 at that time will be true and correct. Grantor will take all actions reasonably necessary to ensure the continued perfection of Administrative Agent's interest in such Equipment and Inventory.

Appears in 4 contracts

Samples: Security and Pledge Agreement (Integrity Media Inc), Security and Pledge Agreement (Integrity Media Inc), Security and Pledge Agreement (Integrity Inc)

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As to Equipment and Inventory. a. Except as permitted by Section 5.14 of the Credit Agreement, each Grantor will keep all the Equipment and Inventory (other than Inventory and Equipment sold in the ordinary course of business or as otherwise permitted by the Credit Agreement) at the places therefor specified in Section 2.1 or (upon prior written notice to Administrative Agent of at least 30 calendar days) at such other places in a jurisdiction where all of the representations and warranties in Article 2 at that time will be true and correct. Each Grantor will take all actions reasonably necessary to ensure the continued perfection of Administrative Agent's interest in such Equipment and Inventory.

Appears in 2 contracts

Samples: Master Security Agreement (Bizness Online Com), Master Security Agreement (NBG Radio Network Inc)

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As to Equipment and Inventory. a. Except as permitted by Section 5.14 5.13 of the Credit Agreement, each Grantor will keep all the Equipment and Inventory (other than Inventory and Equipment sold in the ordinary course of business or as otherwise permitted by the Credit Agreement) at the places therefor specified in Section 2.1 or (upon prior written notice to Administrative Agent Lender of at least 30 calendar days) at such other places in a jurisdiction where all of the representations and warranties in Article 2 at that time will be true and correct. Each Grantor will take all actions reasonably necessary to ensure the continued perfection of Administrative Agent's Lender’s interest in such Equipment and Inventory.

Appears in 1 contract

Samples: Master Security Agreement (Hearx LTD)

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