Common use of Sales and Collections Clause in Contracts

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. (a) Sales of Inventory in the Ordinary Course of Business. The Debtor Buyer is authorized (i) to sell the Inventory 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 consumeconsume any raw materials, supplies and materials in the ordinary course of its business, any raw materials, supplies and materials normally held by it for such purpose. The Agent Seller may, upon the occurrence of any an Event of Default, as defined in the Term Note of even date herewith, without cause or notice, curtail or terminate such authority at any time.

Sales and Collections. (a) Sales of Inventory in the Ordinary Course of Business. The Debtor Buyer 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, Seller may upon the occurrence of any Event of Default, without cause or notice, curtail or terminate such authority at any time.

Sales and Collections. (a) Sales of Inventory in the Ordinary Course of Business. The Debtor Client is authorized (i) to sell in the ordinary course of its business for fair value and on an arm'sarm’s-length basis any of its Inventory normally held by it for such purpose purpose, subject to the terms and conditions of the Base Documents, 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, Provider may upon the occurrence of any Event of Default, without cause or notice, curtail or terminate such authority at any time.