Returns of Inventory. If any Account Debtor returns any Inventory to a Grantor after shipment thereof, and such return generates a credit in excess of $250,000 in the aggregate on any Account or Accounts of such Account Debtor, such Grantor shall notify the Agent of the same as soon as practicable.
Appears in 2 contracts
Sources: Credit Agreement (Bolle Inc), Credit Agreement (Bec Group Inc)
Returns of Inventory. If any Account Debtor returns any Inventory inventory to a the Grantor after shipment thereof, and such return generates a credit in excess of $250,000 10,000 in the aggregate on any Account account or Accounts accounts of such Account Debtor, such the Grantor shall notify the Agent Secured Parties of the same as soon as practicable.
Appears in 2 contracts
Sources: Security Agreement (Merlin Software Technologies International Inc), Security Agreement (Merlin Software Technologies International Inc)
Returns of Inventory. If any Account Debtor returns any Inventory to a the Grantor after shipment thereof, and such return generates a credit in excess of $250,000 10,000 in the aggregate on any Account or Accounts of such Account Debtor, such the Grantor shall notify the Agent Secured Parties of the same as soon as practicable.
Appears in 2 contracts
Sources: Security Agreement (Merlin Software Technologies International Inc), Security Agreement (Merlin Software Technologies International Inc)
Returns of Inventory. If any Account Debtor returns any Inventory to a Grantor after shipment thereof, and such or returns return generates a credit generate credits in excess of $250,000 10,000 in the aggregate on any Account or Accounts of such Account Debtor, such Grantor shall notify the Agent in writing of the same as soon as practicable.
Appears in 1 contract
Sources: Credit Agreement (Unicapital Corp)
Returns of Inventory. If any individual Account Debtor returns any Inventory to a Grantor after shipment thereof, and such return generates a credit in excess of $250,000 10,000 in the aggregate on any Account or Accounts of such Account Debtor, such Grantor shall notify the Agent of the same as soon as practicable.
Appears in 1 contract
Returns of Inventory. If any Account Debtor returns any Inventory inventory to a Grantor after shipment thereof, and such return generates a credit in excess of $250,000 50,000 in the aggregate on any Account account or Accounts accounts of such Account Debtor, such Grantor shall notify the Collateral Agent of the same as soon as practicable.
Appears in 1 contract
Sources: Security Agreement (Virologic Inc)