Common use of POSSESSION OF COLLATERAL AND RELATED MATTERS Clause in Contracts

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement of a foreclosure or liquidation to realize upon the Collateral, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's business, to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of such Borrower's business, to (a) sell, lease or furnish under contracts of service any of such Borrower's Inventory normally held by such Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by such Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of such Borrower's ’s business, to (a) sell, lease or furnish under contracts of service any of such Borrower's ’s Inventory normally held by such Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by such Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until otherwise notified by Administrative Agent following the commencement occurrence and during the continuance of a foreclosure or liquidation to realize upon the Collateralan Event of Default, Borrower Borrowers shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's Borrowers’ business, to (a) sell, lease or furnish under contracts of service any of Borrower's Borrowers’ Inventory normally held by Borrower Borrowers for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by Borrower Borrowers for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by BorrowerBorrowers.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of such Borrower's ’s business, to to (a) sell, lease or furnish under contracts of service any of such Borrower's ’s Inventory normally held by such Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by such Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's businessbusiness consistent with past practices, to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement of a foreclosure or liquidation to realize upon the Collateral, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's business, to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose; , and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until otherwise notified by Lender following the commencement occurrence and during the continuance of a foreclosure or liquidation to realize upon the Collateralan Event of Default, Borrower Borrowers shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's Borrowers’ business, to (a) sell, lease or furnish under contracts of service any of Borrower's Borrowers’ Inventory normally held by Borrower Borrowers for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by Borrower Borrowers for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by BorrowerBorrowers.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred and is continuing, Borrower shall have the right, except as otherwise provided for in this Agreement, in the ordinary course of Borrower's ’s business, to to: (a) sell, lease or furnish under contracts of service any of Borrower's ’s Inventory normally held by Borrower for any such purpose; , and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; , provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement Unless an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred and is continuing, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's business, to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of each Borrower's business, to (a) sell, lease or furnish under contracts of service any of each Borrower's Inventory normally held by each Borrower for any such purpose; , and (b) use and consume any raw materials, work in process or other materials normally held by each Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by any Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement So long as no Event of a foreclosure or liquidation to realize upon the CollateralDefault exists, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of such Borrower's businessbusiness consistent with past practices, to (a) sell, lease or furnish under contracts of service any of such Borrower's Inventory normally held by such Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by such Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an "Event of a foreclosure or liquidation to realize upon the CollateralDefault" (as hereinafter defined) has occurred, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's business, to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose; , and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement Unless an "Event of a foreclosure or liquidation to realize upon the CollateralDefault" has occurred and is continuing, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower's business, to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose; , and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement Unless an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred and is continuing, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of such Borrower's business, to (a) sell, lease or furnish under contracts of service any of such Borrower's Inventory normally held by such Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by such Borrower for such purpose; providedPROVIDED, howeverHOWEVER, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred, each Borrower shall have the right, except as otherwise provided in this Loan Agreement, in the ordinary course of such Borrower's business, to (a) sell, lease or furnish under contracts of service any of such Borrower's Inventory normally held by such Borrower for any such purpose; and (b) use and consume any raw materials, work in process or other materials normally held by such Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement of a foreclosure or liquidation to realize upon the Collateral, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of such Borrower's business, to (a) sell, lease or furnish under contracts of service any of such Borrower's Inventory normally held by such Borrower for any such purpose; , and (b) use and consume any raw materials, work in process or other materials normally held by such Borrower for such purpose; provided, however, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until the commencement Unless an Event of a foreclosure or liquidation to realize upon the CollateralDefault has occurred and be continuing, Borrower shall have the right, except as otherwise provided for in this Agreement, in the ordinary course of Borrower's business, to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose; , and (b) use and consume any raw materials, work in process or other materials normally held by Borrower for such purpose; provided, howeverPROVIDED, HOWEVER, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of a debt owed by Borrower.