Common use of Use of Inventory and Equipment Clause in Contracts

Use of Inventory and Equipment. Until the exercise by Agent and the Lenders of their rights under this Agreement, Pledgor may (a) retain possession of and use the Inventory and Equipment in any lawful manner not inconsistent with this Agreement or with the terms, conditions, or provisions of any policy of insurance thereon; (b) sell or lease the Inventory in the ordinary course of business; and (c) use and consume raw materials or supplies, the use and consumption of which are necessary in order to carry on Pledgor’s business.

Use of Inventory and Equipment. Until the exercise by the Administrative Agent and the Lenders of their rights under this Agreement, each Pledgor may (a) retain possession of and use the Inventory and Equipment of such Pledgor in any lawful manner not inconsistent with this Agreement or with the terms, conditions, or provisions of any policy of insurance thereon; (b) sell or lease the its Inventory in the ordinary course of businessbusiness or as otherwise permitted by the Credit Agreement; and (c) use and consume raw materials or supplies, the use and consumption of which are necessary in order to carry on such Pledgor’s business.

Use of Inventory and Equipment. Until the exercise by Agent and the Lenders Lender of their its rights under this Agreement, each Pledgor may (a) retain possession of and use the Inventory and Equipment of such Pledgor in any lawful manner not inconsistent with this Agreement or with the terms, conditions, or provisions of any policy of insurance thereon; (b) sell or lease the its Inventory in the ordinary course of business; and (c) use and consume raw materials or supplies, the use and consumption of which are necessary in order to carry on such Pledgor’s 's business.

Use of Inventory and Equipment. Until the occurrence and continuation of an Event of Default and the exercise by Agent and the Lenders Lender of their its rights under this Agreement, Pledgor may (a) retain possession of and use the Inventory and Equipment in any lawful manner not inconsistent with this Agreement or with the terms, conditions, or provisions of any policy of insurance thereon; (b) sell or lease the Inventory in the ordinary course of business; and (c) use and consume raw materials or supplies, the use and consumption of which are necessary in order to carry on Pledgor’s 's business.

Use of Inventory and Equipment. Until the exercise by Agent and the Lenders Secured Parties of their rights under this Agreement, Pledgor may (a) retain possession of and use the Inventory and Equipment of Pledgor in any lawful manner not inconsistent with this Agreement or with the terms, conditions, or provisions of any policy of insurance thereon; (b) sell or lease the Inventory in the ordinary course of business; and (c) use and consume raw materials or supplies, the use and consumption of which are necessary in order to carry on Pledgor’s business.