Common use of Merchantable Inventory Clause in Contracts

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all material defects.

Appears in 117 contracts

Samples: Loan and Security Agreement (Silvaco Group, Inc.), Loan and Security Agreement (Ubiquiti Networks, Inc.), Loan and Security Agreement (Ubiquiti Networks, Inc.)

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Merchantable Inventory. All Inventory is in all material ---------------------- respects of good and marketable quality, free from all material defects.

Appears in 11 contracts

Samples: Loan and Security Agreement (Evolving Systems Inc), Loan and Security Agreement (Manhattan Associates Inc), Loan and Security Agreement (Thermatrix Inc)

Merchantable Inventory. All Inventory is in all material respects ---------------------- of good and marketable quality, free from all material defects.

Appears in 8 contracts

Samples: Loan and Security Agreement (Crossworlds Software Inc), Loan Modification Agreement (Quicklogic Corporation), Loan and Security Agreement (Jetfax Inc)

Merchantable Inventory. All Inventory is in all material respects of ---------------------- good and marketable quality, free from all material defects.

Appears in 5 contracts

Samples: Loan and Security Agreement (Audible Inc), Loan and Security Agreement (Astea International Inc), Loan and Security Agreement (C-Bridge Internet Solutions Inc)

Merchantable Inventory. All Eligible Inventory is in all material respects of good and marketable quality, free from all material defects.

Appears in 3 contracts

Samples: Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc)

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all reasonable material defects.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ilx Lightwave Corp), Loan and Security Agreement (Ilx Lightwave Corp)

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from form all material defects.

Appears in 1 contract

Samples: Loan and Security Agreement (Bsquare Corp /Wa)

Merchantable Inventory. All Inventory is in all material respects of ---------------------- good and marketable quality, taken as a whole, free from all material defects.

Appears in 1 contract

Samples: Loan and Security Agreement (Verisity LTD)

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all material defects. 8. 9.

Appears in 1 contract

Samples: Loan and Security Agreement (Laserscope)

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, ,free from all material defects.

Appears in 1 contract

Samples: Loan and Security Agreement (Stericycle Inc)

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Merchantable Inventory. All Inventory is in all material ---------------------- respects of good and marketable quality, free from all material defects, normal wear and tear excepted.

Appears in 1 contract

Samples: Loan Modification Agreement (Interwoven Inc)

Merchantable Inventory. All Inventory is in all material respects ---------------------- of good and marketable quality, free from form all material defects.

Appears in 1 contract

Samples: Loan Modification Agreement (Placeware Inc)

Merchantable Inventory. All Inventory is in all material respects of ---- ----------------------- good and marketable quality, free from all material defects.

Appears in 1 contract

Samples: Loan and Security Agreement (Seachange International Inc)

Merchantable Inventory. All Substantially all Inventory is in all material respects of good and marketable quality, free from all material defects, and salable, either as current merchandise or close-out items.

Appears in 1 contract

Samples: Loan and Security Agreement (Vans Inc)

Merchantable Inventory. All Inventory is in all material respects aspects of --- ---------------------- good and marketable quality, free from all material defects.

Appears in 1 contract

Samples: Credit and Security Agreement (Ikos Systems Inc)

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all material defects., normal wear and tear excepted. 5.6

Appears in 1 contract

Samples: Loan and Security Agreement (Arthrocare Corp)

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