Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all material defects, except for Inventory for which adequate reserves have been made.
Appears in 141 contracts
Samples: Loan and Security Agreement (Ammo, Inc.), Loan and Security Agreement (Zedge, Inc.), Loan and Security Agreement (6d Bytes Inc.)
Merchantable Inventory. All Inventory (except work-in-process) is in all material respects of good and marketable quality, free from all material defects, except for Inventory for which adequate reserves have been made.
Appears in 1 contract
Merchantable Inventory. All Inventory (other than that software portion of Inventory that is work in progress) is in all material respects of good and marketable quality, free from all material defects, except for Inventory for which adequate reserves have been made.
Appears in 1 contract
Samples: Loan and Security Agreement (Mission Critical Software Inc)
Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all material natural defects, except for Inventory for which adequate reserves have been made.
Appears in 1 contract
Samples: Loan and Security Agreement (Speechworks International Inc)
Merchantable Inventory. All Inventory is in all material respects of good and has marketable quality, free from all material defects, except for Inventory for which adequate reserves have been made.
Appears in 1 contract
