Common use of Unusual Transactions Clause in Contracts

Unusual Transactions. Except for Inventory or Accounts acquired pursuant to any merger, consolidation or acquisition which is listed on Schedule 1(b) hereof, all Accounts have been originated by the Loan Parties and all Inventory with an aggregate value in excess of $5,000,000 has been acquired by the Loan Parties in the ordinary course of business.

Appears in 9 contracts

Samples: Security Agreement, Security Agreement (Chinos Holdings, Inc.), Security Agreement (Chinos Holdings, Inc.)

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Unusual Transactions. Except for Inventory or Accounts acquired pursuant to any mergermergers, consolidation consolidations or acquisition which is acquisitions listed on Schedule in Section 1(b) hereof, all Accounts have been originated by the Loan Parties and all Inventory with an aggregate value in excess of $5,000,000 has been acquired by the Loan Parties in the ordinary course of business.

Appears in 7 contracts

Samples: Intercreditor Agreement (SMART Global Holdings, Inc.), Collateral Agreement (SMART Global Holdings, Inc.), Collateral Agreement (SMART Global Holdings, Inc.)

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