Common use of Use of Inventory Collateral Clause in Contracts

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, except for employee discounts in the ordinary course of business. (b) No sale of Inventory shall be on consignment, approval, or under any other circumstances such that, with the exception of the Borrower's customary return policy applicable to the return of Inventory purchased by the Borrower's retail customers in the ordinary course, such Inventory may be returned to the Borrower without the consent of the Lender.

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 (including any sale programs) and shall not engage in sales or other dispositions to creditorscreditors (other than sales in the ordinary course of business on ordinary business terms); sales or other dispositions in bulk; and any use of any of the Inventory in breach of any provision of this Agreement, except for employee discounts in the ordinary course of business. (b) No Without the consent of the Agent, no sale of Inventory shall be on consignment, approval, or under any other circumstances such that, with the exception of the Borrower's customary return policy applicable to the return of Inventory inventory purchased by the Borrower's retail customers in the ordinary course, such Inventory may be returned to the Borrower without the consent of the LenderBorrower.

Use of Inventory Collateral. (a) The Borrower Except as otherwise provided in Section 5-4(f) herein, the Borrowers shall not engage in any sale of the Inventory other than for fair consideration in the conduct of the Borrower's Borrowers’ 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, except for employee discounts in the ordinary course of business. (b) No sale of Inventory shall be on consignment, approval, or under any other circumstances such that, with the exception of the Borrower's Borrowers’ customary return policy applicable to the return of Inventory purchased by the Borrower's Borrowers’ retail customers in the ordinary course, such Inventory may be returned to the Borrower Borrowers without the consent of the Lender.

Use of Inventory Collateral. (a) The Borrower Borrowers shall not engage in any sale of the Inventory other than for fair consideration in the conduct of the Borrower's Borrowers' business in the ordinary course (including but not limited to seasonal and promotional sales) and shall not engage in sales or other dispositions to creditors; , sales or other dispositions in bulk; and any use bulk other than going out of any of the Inventory business sales performed in breach of any provision of this Agreement, except for employee discounts in the ordinary course of business. connection with store closures that are permitted pursuant to Section 4.14(e). (b) No sale of Inventory shall be on consignment, approval, or under any other circumstances such that, with the exception of the Borrower's Borrowers' customary return policy applicable to the return of Inventory purchased by the Borrower's Borrowers' retail customers in the ordinary course, such Inventory may be returned to the Borrower Borrowers without the consent of the LenderAgent.

Use of Inventory Collateral. (a) The No Borrower shall not engage in engage (i) In any sale of the Inventory other than for (a) fair consideration in the conduct of the Borrower's Borrowers' business in the ordinary course and shall not engage in sales course, or (b) dispositions of damaged or unsaleable Inventory consistent with Current Practices . (ii) Sales or other dispositions to creditors; sales . (iii) Sales or other dispositions in bulk; and any use . (iv) Sales of any of the Inventory Collateral in breach of any provision of this Agreement, except for employee discounts in the ordinary course of business. (b) No sale of Inventory shall be on consignment, approval, or under any other circumstances such that, with the exception of the Borrower's Borrowers' customary return policy applicable to the return of Inventory inventory purchased by the Borrower's Borrowers' retail customers in the ordinary course, such Inventory may be returned to the a Borrower without the consent of the LenderAgent.

Use of Inventory Collateral. (a) The Without the prior written consent of the Lender, 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, except for employee discounts in the ordinary course of business. (b) No sale of Inventory shall be on consignment, approval, or under any other circumstances such that, with the exception of the Borrower's customary return policy applicable to the return of Inventory purchased by the Borrower's retail customers in the ordinary course, such Inventory may be returned to the Borrower without the consent of the Lender.