Common use of Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc Clause in Contracts

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Parties) (a) may proceed to perform any and all of the obligations of the Grantor contained in any contract, lease, or other agreement and exercise any and all rights of the Grantor therein contained as fully as the Grantor itself could, (b) shall have the right to use the Grantor’s rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock that is pledged hereunder be registered in the name of the Secured Parties or any of their nominees.

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Parties) or its designee), without obligation, (a) may proceed to perform any and all of the obligations of the any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of the any Grantor therein contained as fully as the such Grantor itself could, (b) shall have the right to use the any Grantor’s rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ Collateral Agent’s rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock Equity Interests that is pledged hereunder be registered in the name of the Secured Parties Collateral Agent or any of their its nominees.

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Partiesor its designee) (a) may proceed to perform any and all of the obligations of the any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of the any Grantor therein contained as fully as the such Grantor itself could, (b) shall have the right to use the any Grantor’s rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ Collateral Agent’s rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock Equity Interests that is are pledged hereunder be registered in the name of the Secured Parties Collateral Agent or any of their its nominees.

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Partiesor its designee) (a) may proceed to perform any and all of the obligations of the any Grantor contained in any contract, lease, lease or other agreement and exercise any and all rights of the any Grantor therein contained as fully as the such Grantor itself could, (b) to the extent permitted thereby, shall have the right to use the any Grantor’s rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ Collateral Agent’s rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock Equity Interests that is are pledged hereunder be registered in the name of the Secured Parties Collateral Agent or any of their its nominees.

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Parties) (a) may proceed to perform any and all of the obligations of the Grantor contained in any contract, lease, or other agreement and exercise any and all rights of the Grantor therein contained as fully as the Grantor itself could, (b) shall have the right to use the Grantor’s 's rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ ' rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock that is pledged hereunder be registered in the name of the Secured Parties or any of their nominees.

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Partiesor its designee) (a) may may, but shall not be obligated to, proceed to perform any and all of the obligations of the any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of the any Grantor therein contained as fully as the such Grantor itself could, (b) shall have the right to use the any Grantor’s rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ Collateral Agent’s rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock that is pledged hereunder be registered in the name of the Secured Parties Collateral Agent or any of their its nominees.

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Partiesor its designee) (a) may proceed to perform any and all of the obligations of the any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of the any Grantor therein contained as fully as the such Grantor itself could, (b) shall have the right to use the any Grantor’s rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ Collateral Agent’s rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock that is pledged hereunder be registered in the name of the Secured Parties Collateral Agent or any of their its nominees.

Collateral Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of Default, the Collateral Agent (on behalf of all Secured Partiesor its designee) (a) may proceed to perform any and all of the obligations of the any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of the any Grantor therein contained as fully as the such Grantor itself could, (b) shall have the right to use the any Grantor’s 's rights under Intellectual Property Licenses in connection with the enforcement of the Secured Parties’ Collateral Agent's rights hereunder, including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by the any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock that is pledged hereunder be registered in the name of the Secured Parties Collateral Agent or any of their its nominees.