Application if no Default or Event of Default Exists. So long as no Default or Event of Default shall have occurred and be continuing, subject to each Company’s contractual obligations to other parties (including, without limitation, the Credit Agreement), such Company shall be allowed to receive and apply the Collateral relating to such Company and to carry on its business in accordance with sound business practices.
Appears in 3 contracts
Samples: Security Agreement (World Acceptance Corp), Security Agreement (World Acceptance Corp), Subordinated Security Agreement, Pledge and Indenture of Trust (World Acceptance Corp)
Application if no Default or Event of Default Exists. So long as no Default or Event of Default shall have occurred and be continuing, subject to each Company’s contractual obligations to other parties (including, without limitation, the Revolving Credit Agreement), such Company shall be allowed to receive and apply the Collateral relating to such Company and to carry on its business in accordance with sound business practices.
Appears in 1 contract
Samples: Security Agreement, Pledge and Indenture of Trust (World Acceptance Corp)
Application if no Default or Event of Default Exists. So long as no Default or Event of Default shall have occurred and be continuing, subject to each the Company’s contractual obligations to other parties (including, without limitation, the Revolving Credit Agreement), such the Company shall be allowed to receive and apply the Collateral relating to such Company and to carry on its business in accordance with sound business practices.
Appears in 1 contract
Samples: Security Agreement, Pledge and Indenture of Trust (World Acceptance Corp)
