Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 7 contracts
Sources: Loan Agreement (Stockeryale Inc), Loan and Security Agreement (Stockeryale Inc), Loan and Security Agreement (Stockeryale Inc)
Sales and Collections. So long as no Event of Default shall have occurred and be is continuing, Customer may in the ordinary course of its business: (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 2 contracts
Sources: Loan and Security Agreement (American Eco Corp), Loan and Security Agreement (Faro Technologies Inc)
Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: business (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Accounts Customer shall take such action with respect to protection of its Inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 1 contract
Sources: Loan and Security Agreement (Dynacq Healthcare Inc)
Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory ITS INVENTORY and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 1 contract
Sources: Loan and Security Agreement (Genesis Media Group Inc /De/)
Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: (i) sell any Inventory inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 1 contract
Sales and Collections. So long as no Event of Default shall have occurred and be is continuing, Customer may in the ordinary course of its business: (i) sell any Inventory inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 1 contract
Sales and Collections. So long as no Event of Default shall have occurred and be is continuing, Customer may in the ordinary course of its business: (i1) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 1 contract
Sources: Loan and Security Agreement (Faro Technologies Inc)
Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: (i) sell any Inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 1 contract
Sales and Collections. So long as no Event of Default shall have occurred and be continuing, Customer may in the ordinary course of its business: (i) sell any Inventory inventory normally held by Customer for sale, (ii) use or consume any materials and supplies normally held by Customer for use or consumption, and (iii) collect all of its Accounts. Customer shall take such action with respect to protection of its Inventory inventory and the other Collateral and the collection of its Accounts as MLBFS may from time to time reasonably request.
Appears in 1 contract