Acquisitions of Inventory. Borrowers will use their best efforts to insure that all Inventory that is produced in the United States of America will be produced in accordance with the FLSA and, unless Borrowers provide Lender with prior written notice thereof, shall not acquire or accept any Inventory on consignment or approval.
Appears in 1 contract
Sources: Loan and Security Agreement (Sed International Holdings Inc)
Acquisitions of Inventory. Borrowers shall not acquire or accept any Inventory on consignment or approval and will use their best efforts to insure that all Inventory that is produced in the United States of America will be produced in accordance with the FLSA and, unless Borrowers provide Lender with prior written notice thereof, shall not acquire or accept any Inventory on consignment or approvalFLSA.
Appears in 1 contract
Sources: Loan and Security Agreement (Artesyn Technologies Inc)