Common use of GRANTOR'S RIGHT TO POSSESSION Clause in Contracts

GRANTOR'S RIGHT TO POSSESSION. Until an Event of Default occurs and continues beyond the time permitted for cure under the Note or the Loan Agreement, Grantor may have possession of the tangible personal property, any real property, and beneficial use of all of the Collateral and may use it in any lawful manner not inconsistent with this Security Agreement, the Loan Agreement, or the Note.

Appears in 3 contracts

Samples: Loan Agreement (AmeriCann, Inc.), Loan Agreement (AmeriCann, Inc.), Loan Agreement (AmeriCann, Inc.)

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GRANTOR'S RIGHT TO POSSESSION. Until an Event of Default occurs and continues beyond the time permitted for cure under the Note or the Loan Agreement, Grantor may have possession of the tangible personal property, any real property, property and beneficial use of all of the Collateral and may use it in any lawful manner not inconsistent with this Security Agreement, the Loan Agreement, Agreement or the NoteRelated Documents.

Appears in 1 contract

Samples: Security Agreement (Body & Mind Inc.)

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GRANTOR'S RIGHT TO POSSESSION. Until an Event of Default occurs and continues beyond the time permitted for cure under the Note or the Loan Agreement, Grantor may have possession of the tangible personal property, any real property, property and beneficial use of all of the Collateral and may use it in any lawful manner not inconsistent with this Security Agreement, the Loan Agreement, Agreement or the Noteother Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Dicom Imaging Systems Inc)

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