In the sentences extracted from financial agreements in U.S. SEC filings, identify the named entities that represent a person ('PER'), an organization ('ORG'), or a location ('LOC'). The required answer format is: 'entity name, entity type'.
Text: " Inventory " is all " inventory " as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made , and includes without limitation all merchandise , raw materials , parts , supplies , packing and shipping materials , work in process and finished products , including without limitation such inventory as is temporarily out of Borrower ' s custody or possession or in transit and including any returned goods and any documents of title representing any of the above .
Answer:
Borrower, PER