Use of Inventory Collateral Sample Clauses

Use of Inventory Collateral. (a) No Loan Party shall engage in any of the following with respect to its Inventory:
AutoNDA by SimpleDocs
Use of Inventory Collateral. (a) The Borrower shall not engage in any sale of the Inventory other than for fair consideration in the conduct of the Borrower's business in the ordinary course and shall not engage in sales or other dispositions to creditors; sales or other dispositions in bulk; and any use of any of the Inventory in breach of any provision of this Agreement.
Use of Inventory Collateral. (a) The Borrowers shall not engage in any sale of the Inventory other than for fair consideration in the conduct of the Borrowers' business in the ordinary course or any use of any of the Inventory in breach of any provision of this Agreement.
Use of Inventory Collateral. 61 6-2. Inventory Quality............................................................................. 62 6-3. Adjustments and Allowances.................................................................... 62 6-4.
Use of Inventory Collateral. (a) Except as otherwise permitted by Sections 5.5(b) or 5.13(d), the Borrower shall not engage in:
Use of Inventory Collateral. (a) The Borrower shall not, and shall cause each Guarantor not to engage in any sale of the Inventory other than for fair consideration in the conduct of the Borrower’s or Guarantor’s business in the ordinary course (other than promotions, markdowns, and discounts in the ordinary course of business) nor shall either engage in sales or other dispositions to creditors in reduction or satisfaction of such creditors’ claims; sales or other dispositions in bulk; or any use of any of the Inventory in breach of any provision of this Agreement. Notwithstanding the foregoing, the Loan Parties may “job-out” end of season and slow-moving Inventory, provided that the Inventory so disposed of does not exceed five percent (5%) of the Loan Parties’ aggregate retail receipts in any fiscal year.
AutoNDA by SimpleDocs
Use of Inventory Collateral. 100 6.2 INVENTORY QUALITY..................................................................100 6.3
Use of Inventory Collateral. (a) The Borrower shall not engage in any of the following with respect to its Inventory:
Use of Inventory Collateral. (a) No Borrower shall engage
Time is Money Join Law Insider Premium to draft better contracts faster.