Administration of Collateral. So long as no Event of Default shall have occurred and be continuing, Pledgor may (to the extent not inconsistent with the provisions of the Loan Documents or the ESOP Loan Documents) (i) sell, transfer or dispose of any asset owned by it or (ii) collect or compromise Accounts and General Intangibles in the ordinary course of business in any lawful manner.
Appears in 4 contracts
Samples: Pledge and Security Agreement (Vitas Healthcare Corp), Pledge and Security Agreement (Vitas Healthcare Corp), Pledge and Security Agreement (Vitas Healthcare Corp)
