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

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred and Lender has notified Borrower to the contrary, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower business consistent with past practices, to (a) sell, lease or furnish under contracts of service any of such 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 any Indebtedness owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until Unless an Event of Default has occurred and Lender has notified Borrower to the contraryis continuing, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower business consistent with past practicesBorrower’s business, to (a) sell, lease or furnish under contracts of service any of such 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 any Indebtedness a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred and Lender has notified Borrower to the contraryoccurred, Borrower shall have the right, except as otherwise provided for in this Agreement, in the ordinary course of Borrower business consistent with past practicesBorrower's business, to (a) sell, lease or furnish under contracts of service any of such 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, howeverPROVIDED, HOWEVER, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of any Indebtedness a debt owed by Borrower; and (c) continue to use the Collateral for any lawful purposes consistent with past practices of Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred and Lender has notified Borrower to the contraryis continuing, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower business consistent with past practicesBorrower's business, to (a) sell, lease or furnish under contracts of service any of such 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 any Indebtedness a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred and Lender has notified Borrower to the contraryoccurred, Borrower shall have the right, except as otherwise provided for in this Agreement, in the ordinary course of Borrower business consistent with past practicesBorrower's business, to (a) sell, lease or furnish under contracts of service any of such 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 any Indebtedness a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until Unless an Event of Default has occurred and Lender has notified Borrower to the contraryis continuing, each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower business consistent with past practicessuch Borrower'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; providedPROVIDED, howeverHOWEVER, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of any Indebtedness a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until Unless an Event of Default has occurred and Lender has notified Borrower to the contraryis continuing, each Borrower shall have the right, except as otherwise expressly provided in this Agreement, in the ordinary course of Borrower business consistent with past practicessuch Borrower'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; providedPROVIDED, howeverHOWEVER, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of any Indebtedness a debt owed by such Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred and Lender has notified Borrower to the contraryoccurred, Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of Borrower business consistent with past practicesBorrower's business, to (a) sell, lease or furnish under contracts of service any of such 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; providedPROVIDED, howeverHOWEVER, that a sale in the ordinary course of business shall not include any transfer or sale in satisfaction, partial or complete, of any Indebtedness a debt owed by Borrower.

POSSESSION OF COLLATERAL AND RELATED MATTERS. Until otherwise notified by Lender following the occurrence an Event of Default has occurred and Lender has notified Borrower to the contraryDefault, Borrower Borrowers shall have the right, except as and to the extent otherwise expressly provided to the contrary in this Agreement, in the ordinary course of Borrower business consistent with past practicesBorrowers’ business, to (a) sellsell or lease, lease or furnish under contracts of service service, any of such 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 any Indebtedness a debt owed by BorrowerBorrowers.