Merchantable Inventory Sample Clauses

Merchantable Inventory. 11 5.6 Name; Location of Chief Executive Office................. 11 5.7 Litigation............................................... 11 5.8 No Material Adverse Change in Financial Statements....... 11 5.9 Solvency................................................. 12 5.10

Merchantable Inventory. All inventory which is included in the Borrowing Base is of good and merchantable quality and free from defects.

Merchantable Inventory. All inventory which is included in the Borrowing Base is of good and merchantable quality in all material respects.

Merchantable Inventory. All Inventory is now and at all times hereafter shall be of good and merchantable quality, free from defects.

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

Merchantable Inventory. To the extent the Borrower has Inventory, all such 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.

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

Merchantable Inventory. All Inventory is in all material respects of good and marketable quality, free from all material defects, normal wear and tear excepted; provided, however, that the Inventory is the product of rapidly changing technology and therefore is subject to technological obsolescence.

Merchantable Inventory. All Eligible Inventory and Slow Moving Inventory are now and at all times hereafter shall be of good and merchantable quality, free from defects.