Use of Inventory. If an Event of Default has occurred and is continuing, Debtor may use its Inventory in any lawful manner not inconsistent with this Security Agreement and with the terms of insurance thereon and may sell, lease or otherwise dispose of its Inventory in the ordinary course of business. Debtor will not and shall not be permitted to use any item of Inventory in a manner inconsistent with the holding thereof for sale, lease or disposition in the ordinary course of business or in contravention of the terms of any agreement. A sale, lease or disposition in the ordinary course of business does not include the exchange of items of Inventory for goods in kind or otherwise or transfers of items of Inventory made in satisfaction of present or future Secured Obligations.
Use of Inventory. Unless and until the privilege of Debtor to dispose ---------------- of inventory in the ordinary course of Debtor's business is revoked by Secured Party upon the occurrence and during the continuance of an Event of Default, Debtor may use and dispose of inventory in any manner not inconsistent with this Agreement, may sell that part of the Collateral consisting of inventory provided that all such sales are in the ordinary course of business, and may use and consume any raw materials or supplies that are necessary in order to carry on Debtor's business. A sale in the ordinary course of business does not include a transfer in partial or total satisfaction of a debt.
Use of Inventory. Until the happening of an Event of Default, Debtor ---------------- may use the Inventory in any lawful manner not inconsistent with this Agreement or with the terms or conditions of any policy of insurance thereon and may also sell, lease or consume the Inventory in the ordinary course of business. A sale in the ordinary course of business does not include a bulk transfer or a transfer as security for or in partial or total satisfaction of a debt.
Use of Inventory. A copy of the Inventory of Contents and Schedule of Condition of the Property and Check-In Report shall be provided to the Tenant upon commencement of this Tenancy the principal copy of which will be retained by the Landlord or the Landlord's Agent after verification by the Tenant at the Check-in and at the termination of the Tenancy the report compiled by the Inventory Clerk appointed by the Landlord or his Agent shall be used for the purposes of Clause 5 of this Agreement.
Use of Inventory. Unless and until the privilege of Debtor to use inventory in the ordinary course of Debtor's business is revoked by Secured Party in the event of default or if Secured Party deems itself insecure, Debtor may use the inventory in any manner not inconsistent with this Agreement, may sell that part of the Collateral consisting of inventory provided that all such sales are in the ordinary course of business, and may use and consume any raw materials or supplies that are necessary in order to carry on Debtor's business. A sale in the ordinary course of business does not include a transfer in partial or total satisfaction of a debt.
Use of Inventory. Until an Event of Default, Debtor may use the inventory in any lawful manner not inconsistent with this Agreement or with the terms or conditions of any policy of insurance thereon and may also sell that part of the Collateral consisting of inventory provided that all of such sales are in the ordinary course of business. A sale in the ordinary course of business does not include a transfer in partial or total satisfaction of a debt. Until an Event of Default, Debtor may also use and consume any raw materials or supplies, the use and consumption of which are necessary in order to carry on Debtor's business.
Use of Inventory. Unless and until the privilege of Debtor to use inventory in the ordinary course of Debtor's business is revoked by Secured Party due to an event of default Debtor may use the inventory in any manner not inconsistent with this Agreement, may sell that part of the Collateral consisting of inventory provided that all such sales are in the ordinary course of business, and may use and consume any raw materials or supplies that are necessary in order to carry on Debtor's business. A sale in the ordinary course of business does not include a transfer in partial or total satisfaction of a debt.
Use of Inventory. The City shall have the opportunity to utilize one-half of any excess advertising inventory located in the City and offered to the Authority by the Advertising Contractor from time to time for the placement of public service announcements relating to City initiatives or information of interest to City residents. Such public service announcements shall not be political in nature, and shall comply in all relevant respects with the requirements of the Advertising Policy. The Authority’s Advertising Coordinator shall advise the City, on at least a quarterly basis, of the availability, if any, of inventory for the placement of public service announcements. Any charges for the design, printing and installation of such public service announcements shall be at the City’s sole expense.
Use of Inventory. Until an Event of Default has occurred and is continuing, each Debtor may use its Inventory in any lawful manner not inconsistent with this Agreement, the Credit Agreement and with the terms of insurance thereon and may sell, lease or otherwise dispose of its Inventory in the ordinary course of business. Each Debtor will not and shall not be permitted to use any item of Inventory in a manner inconsistent with the holding thereof for sale, lease or disposition in the ordinary course of business or in contravention of the terms of any agreement. A sale, lease or disposition in the ordinary course of business does not include the exchange of items of Inventory for goods in kind or otherwise or transfers of items of Inventory made in satisfaction of present or future Secured Obligations.
Use of Inventory. The quantity of Marketed Product comprising the Inventory and any inventory purchased during the term of the Transition Services Agreement will be applied towards ViroPharma’s minimum purchase requirements as set forth in Sections 4.1 and 4.4, below, and Lilly’s maximum supply obligations set forth in Sections 4.2, 4.4 and 4.5. Lilly will have no obligation to re-label or over-label the Inventory. ViroPharma will not re-label or over-label any Inventory. ViroPharma shall purchase the Inventory at the Purchase Price as defined in Section 2.2 below. Payment shall be made in accordance with Section 2.4. For quantities purchased during the Transition Period, payment shall be made in accordance with the Transition Services Agreement. At any time within 30 days following the end of the term of the Transition Services Agreement, representatives of ViroPharma shall have the right to physically inspect the Inventory purchased pursuant to subparagraph (b) above. To the extent that a variance exists between the quantity or quality of Marketed Product purported to be sold to ViroPharma and the actual quantity and/or quality shown by the inspection, the Parties agree to reconcile the difference within Thirty (30) days of ViroPharma providing notice to Lilly of such variance. The Parties shall mutually agree upon the procedures to be followed in any such inspection. Lilly acknowledges and agrees that ViroPharma is under no obligation to purchase from Lilly any Inventory that is not useable and saleable in the ordinary course or that does not otherwise meet the Specifications and other representations and warranties set forth in this Manufacturing Agreement.
