Delivery of Loan Collateral. The Borrower and Guarantor Parties each agrees to surrender peacefully possession of all Loan Collateral, together with all keys, security codes, books, records, and other information necessary for the Lender to gain possession of all Loan Collateral, to the Designee or its agents, without the necessity of judicial process. The Borrower and Guarantor Parties each acknowledges that the Lender's or the Designee's actions as effected hereby does not, and will not constitute a breach of the peace. The Borrower and the Guarantor Parties each agrees with the Lender that Borrower and Guarantor Parties will not, either directly or indirectly, hinder, delay or otherwise interfere with the Lender's (and the Designee’s) rights and remedies under the Loan Agreement, the Loan Documents, or the Deed of Trust, including, without limitation, the Lender's rights to collect assets, take control of proceeds of Loan Collateral, and obtain peaceable possession of the Loan Collateral and any premises upon which such Loan Collateral is located. The Borrower and the Guarantor Parties agree with the Lender that neither the Borrower nor the Guarantor Parties will abuse, misuse, hide or secret any Loan Collateral or proceeds thereof and that the Borrower or the Guarantor Parties will provide the Lender (and the Designee) with all information concerning the Loan Collateral that the Lender or the Designee may request and cooperate with and assist the Lender and the Designee in effecting the transfer of the Loan Collateral to the Designee. Further, prior to and following the Closing Date, the Borrower and the Guarantor Parties agree to fully cooperate with the Designee and the Lender to effect the transfer of any and all cannabis licenses or permits necessary or useful in connection with the operation of the Loan Collateral. To the extent that the Designee is not transferred any cannabis license or permit or is not taking assignment of any contract rights necessary or useful in connection with the operation of the Loan Collateral at the time of the Closing, the Borrower or the Guarantor Parties (to the extent applicable) shall fully cooperate with the Designee in entering into arrangements with the Designee in respect of such licenses, permits or other contracts, as may be permitted under applicable law, to allow the continued operation of the Loan Collateral. Nothing herein shall constitute an agreement by Lender or Designee (and Xxxxxx and Designee hereby disclaim any and all obligat...
