Third Party Locations. No Loan Party Obligor will, without Agent's prior written consent, at any time, store any Inventory with any warehouseman or other third party other than (i) as set forth in Section 1(d) of the Perfection Certificate, (ii) Permitted Asset Dispositions, (iii) at other locations in the United States or Canada, upon 30 Business Days’ prior written notice to Agent (and Section 1(d) of the Perfection Certificate will be updated to reflect such location), (iv) transport Collateral to trade shows or other industry expositions for marketing purposes in the Ordinary Course of Business, (v) send Equipment to repair facilities in the Ordinary Course of Business, and (iv) allow employees to utilize Collateral at remote locations in the Ordinary Course of Business.
Appears in 2 contracts
Sources: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)