Use of Inventory. Unless and until the privilege of Debtor to use inventory in the ordinary course of Debtor's business is revoked by Secured Party due to an event of default Debtor may use the inventory in any manner not inconsistent with this Agreement, may sell that part of the Collateral consisting of inventory provided that all such sales are in the ordinary course of business, and may use and consume any raw materials or supplies that are necessary in order to carry on Debtor's business. A sale in the ordinary course of business does not include a transfer in partial or total satisfaction of a debt.
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Sources: Master Revolving Line of Credit Note (Catalyst Energy Services Inc), Loan Agreement (Catalyst Energy Services Inc)
Use of Inventory. Unless and until the privilege of Debtor to use inventory Inventory in the ordinary course of Debtor's business is revoked by Secured Party due to an in the event of default default, Debtor may use the inventory Inventory in any manner not inconsistent with this Security Agreement, may sell that part of the Collateral consisting of inventory Inventory provided that all such sales are in the ordinary course of business, and may use and consume any raw materials or supplies that are necessary in order to carry on Debtor's business. A sale in the ordinary course of business does not include a transfer in partial or total satisfaction of a debt.
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