Sales and Collections. (a) Sales of Inventory in the Ordinary Course of Business. The Debtor is authorized (i) to sell in the ordinary course of its business for fair value and on an arm's-length basis any of its Inventory normally held by it for such purpose and (ii) to use and consume, in the ordinary course of its business, any raw materials, supplies and materials normally held by it for such purpose. The Agent may, upon the occurrence of any Event of Default, without cause or notice, curtail or terminate such authority at any time.
Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Grantor may in the ordinary course of its business: (i) sell any Inventory normally held by Grantor for sale, (ii) use or consume any materials and supplies normally held by Grantor for use or consumption, and (iii) collect all of its Accounts. Grantor shall take such action with respect to protection of its Inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Sales and Collections. Customer shall not sell, transfer or otherwise dispose of any Collateral, except that so long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts.
Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Sales and Collections. (a) Borrower is authorized (i) to sell in the ordinary course of its business for fair value and on an arm's-length basis any of its Inventory normally held by it for such purpose and (ii) to use and consume, in the ordinary course of its business, any raw materials, supplies and materials normally held by it for such purpose. Lender may upon the occurrence of any Event of Default (as defined in the Mortgage), without cause or notice, curtail or terminate such authority at any time.
Sales and Collections. Customer shall not sell, transfer or otherwise dispose of any Collateral so long as there are any Obligations..
Sales and Collections. (a) Each Grantor is authorized (i) --------------------- to sell Collateral in accordance with the Credit Agreement and (ii) to use and dispose of the Collateral in any lawful manner not inconsistent with the provisions of this Agreement, the Credit Agreement and the other Loan Documents. Notwithstanding the foregoing, the Agent may, upon the occurrence of any Event of Default, without cause or notice, curtail or terminate such authority at any time.
Sales and Collections. So long as no Event of Default shall have occurred and is continuing, Customer may in the ordinary course of its business: (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption. (iii) sell or dispose of any Fixtures or Equipment so long as same is replaced by Fixtures or Equipment of comparable value, and (iv) collect all of its Accounts. Customer shall take such action with respect to protection of the Inventory and the other Collateral and the collection of the Accounts as MLBFS may from time to time reasonably request.
Sales and Collections. (a) The Grantor is authorized (i) to sell in the ordinary course of its business for fair value and on an arm’s-length basis any of its Inventory normally held by it for such purpose and (ii) to use and consume, in the ordinary course of its business, any raw materials, supplies and materials normally held by it for such purpose. The Secured Party may upon the occurrence of any Event of Default, without cause or notice, curtail or terminate such authority at any time.
Sales and Collections. Except as expressly provided in the Indenture, the Company will not, and will not permit any of its or their Subsidiaries to, directly or indirectly sell, convey, transfer, lease or otherwise dispose of any Collateral.
