Common use of Collateral Custodian Clause in Contracts

Collateral Custodian. Upon the occurrence and continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereon. The Borrowers hereby agree to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be charged to the Borrowers' account and added to the Obligations.

Collateral Custodian. Upon the occurrence and continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereon. The Borrowers Each Borrower hereby agree agrees to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be charged to the Borrowers' account and added to the Obligations.

Collateral Custodian. Upon the occurrence and continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers Borrower a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereon. The Borrowers Borrower hereby agree agrees to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be charged to the Borrowers' Borrower's account and added to the Obligations.

Collateral Custodian. Upon the occurrence and during the continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereoninterests. The Borrowers hereby agree to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent Agent, by reason of the employment of the custodian custodian, shall be charged to the Borrowers' account and added to the ObligationsLoan Account.

Collateral Custodian. Upon the occurrence and during the continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereoninterests. The Borrowers hereby agree to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent Agent, by reason of the employment of the custodian custodian, shall be charged to the Borrowers' account and added to the ObligationsLoan Account.

Collateral Custodian. Upon the occurrence and -------------------- continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereon. The Borrowers hereby agree to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be charged to the Borrowers' account and added to the Obligations.. 103

Collateral Custodian. Upon the occurrence and continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers Borrower a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereon. The Borrowers Borrower hereby agree agrees to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve pre serve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be charged to the Borrowers' Borrower's account and added to the Obligations.

Collateral Custodian. Upon the occurrence and continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers Borrower a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and LendersBanks' interests and to report to the Agent thereon. The Borrowers Borrower hereby agree agrees to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateralcollateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be charged to the Borrowers' Borrower's account and added to the Obligationsamounts due and owing under this Agreement and the Notes.

Collateral Custodian. Upon the occurrence and during the continuance of an Event of Default or Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's Agent and the Lenders' interests and to report to the Agent thereoninterests. The Borrowers hereby agree to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent Agent, by reason of the employment of the custodian shall be charged to the Borrowers' account and added to the ObligationsLoan Account.

Collateral Custodian. Upon the occurrence and continuance of an Event -------------------- of Default or Potential Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers such Borrower and Corporate Guarantor a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's interests. Such Borrower and Lenders' interests and to report to the Agent thereon. The Borrowers Corporate Guarantor hereby agree agrees to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent Agent, by reason of the employment of the custodian shall be charged to the Borrowers' account and added to the ObligationsLoan Account.

Collateral Custodian. Upon the occurrence and during the continuance of an Event of Default, the Agent Collateral Agents may at any time and from time to time employ and maintain in the premises of the Borrowers Companies a custodian selected by the Agent Collateral Agents who shall have full authority to do all acts necessary to protect the Agent's and LendersCollateral Agents' interests and to report to the Agent thereoninterests. The Borrowers Companies hereby agree to cooperate with any such custodian and to do whatever the Agent Collateral Agents may reasonably request to preserve the Collateral. All reasonable costs and expenses incurred by the Agent Collateral Agents, by reason of the employment of the custodian custodian, shall be charged to the Borrowers' account and added to the ObligationsLoan Account.