Common use of Commodity Contracts Clause in Contracts

Commodity Contracts. Such Grantor shall not have any commodity contract having a value in excess of $50,000 other than with a Person approved by the Lender and subject to a Control Agreement.

Appears in 2 contracts

Sources: Master Reaffirmation Agreement (Zoe's Kitchen, Inc.), Master Reaffirmation Agreement (Zoe's Kitchen, Inc.)

Commodity Contracts. Such Grantor shall not have any commodity contract having a value contracts in excess of $50,000 other than with a Person approved by individually or $150,000 in the Lender and aggregate unless subject to a Control Agreement.

Appears in 2 contracts

Sources: Guaranty and Security Agreement (Papa Murphy's Holdings, Inc.), Guaranty and Security Agreement (Papa Murphy's Holdings, Inc.)

Commodity Contracts. Such Grantor shall not have any commodity contract having a face or book value in excess of $50,000 other than with a Person approved by 100,000 individually or in the Lender and aggregate for all such contracts, unless subject to a Control Agreement.

Appears in 1 contract

Sources: Guaranty and Security Agreement (CBaySystems Holdings LTD)

Commodity Contracts. Such Grantor shall not have any commodity contract having a with value in excess of $50,000 other than with a Person approved by the Lender and 350,000 unless subject to a Control Agreement.

Appears in 1 contract

Sources: Pledge and Security Agreement (Waitr Holdings Inc.)