Common use of Possession and Use of Collateral Clause in Contracts

Possession and Use of Collateral. Notwithstanding the provisions of -------------------------------- this Article IV, so long as no Event of Default exists under this Deed of Trust or under any of the other Loan Documents, Trustor may possess, use, move, transfer, or dispose of any of the Collateral in the ordinary course of Trustor's business and in accordance with the provisions of the Loan Agreement.

Appears in 6 contracts

Samples: Discovery Investments Inc, Discovery Investments Inc, Discovery Investments Inc

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Possession and Use of Collateral. Notwithstanding the provisions of -------------------------------- Except as otherwise provided in this Article IVSection or other Loan Documents, so long as no Event of Default exists under this Deed of Trust or under any of the other Loan Documents, Trustor may possess, use, move, transfer, transfer or dispose of any of the Collateral in the ordinary course of Trustor's ’s business and in accordance with the provisions of the Loan Agreement.

Appears in 1 contract

Samples: www.icfauthority.org

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