Common use of Equipment Covenants Clause in Contracts

Equipment Covenants. With respect to the Equipment: (a) upon Lender's request, Borrower shall, at its expense, at any time or times as Lender may reasonably request with respect to Equipment, deliver or cause to be delivered to Lender written reports or appraisals as to the Equipment in form, scope and methodology acceptable to Lender and by an appraiser

Appears in 1 contract

Samples: Loan and Security Agreement (Centennial Technologies Inc)

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Equipment Covenants. With respect to the Equipment: (a) upon Lender's request, Borrower Borrowers shall, at its their expense, at any time or times as Lender may reasonably request with respect to Equipmenton or after an Event of Default, deliver or cause to be delivered to Lender written reports or appraisals as to the Equipment in form, scope and methodology acceptable to Lender and by an appraiseracceptable

Appears in 1 contract

Samples: Loan and Security Agreement (United Grocers Inc /Or/)

Equipment Covenants. With respect to the Equipment: (a) upon Lender's request, Borrower shall, at its expense, at any time or times as Lender may reasonably request with respect to Equipmenton or after an Event of Default, deliver or cause to be delivered to Lender written reports or appraisals as to the Equipment in form, scope and methodology acceptable to Lender and by an appraiserthe

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Lightwave Inc)

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Equipment Covenants. With respect to the Equipment: (a) upon Lender's request, Borrower shall, at its their expense, at any time or times as Lender may reasonably request with respect to Equipmenton or after an Event of Default, deliver or cause to be delivered to Lender written reports or appraisals as to the Equipment in form, scope and methodology acceptable to Lender and by an appraiserappraiser acceptable to Lender; (b) Borrowers shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (c) Borrowers shall use the Equipment with all

Appears in 1 contract

Samples: Loan and Security Agreement (Nutritional Sourcing Corp)

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