Common use of Entry to Property Clause in Contracts

Entry to Property. Each Company shall permit the Security Trustee and its agents and contractors at reasonable times and upon reasonable notice to enter into or upon any Property of such Company or at any time if an Event of Default is continuing and has not been waived by the Security Trustee: (a) to view the state and condition thereof or of any of the tangible Secured Property of such Company which is on or in such Property; (b) to comply with any direction or notice served on such Company; and (c) to carry out at the expense of such Company any repairs or take any action which the Security Trustee shall reasonably consider necessary or desirable in connection with any Properties of such Company to procure compliance with any covenant or obligation in this Debenture, and in any such case without becoming liable as mortgagee in possession.