POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred, the Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of the Borrower's business, to:
Appears in 1 contract
POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred, the each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of the such Borrower's ’s business, to:to (a) sell, lease or furnish under
Appears in 1 contract
Samples: Loan and Security Agreement (Amcon Distributing Co)
POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurredoccurred and is continuing, the Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of the Borrower's business, to:to (a) sell, lease or furnish under contracts of service any of Borrower's Inventory normally held by Borrower for any such purpose, and (b) use and consume any raw materials, work in process
Appears in 1 contract
Samples: Loan and Security Agreement (American Materials & Technologies Corp)
POSSESSION OF COLLATERAL AND RELATED MATTERS. Until an Event of Default has occurred, the each Borrower shall have the right, except as otherwise provided in this Agreement, in the ordinary course of the such Borrower's ’s business, to:
Appears in 1 contract
Samples: Loan and Security Agreement (Amcon Distributing Co)
