Common use of Inspection Rights and Insurance Clause in Contracts

Inspection Rights and Insurance. Any First Priority Secured Party and its representatives may at any time inspect, repossess, remove and otherwise deal with the Common Collateral, and the First Priority Representative may advertise and conduct public auctions or private sales of the Common Collateral, in each case without notice to, the involvement of or interference by any Second Priority Secured Party or liability to any Second Priority Secured Party.

Appears in 5 contracts

Samples: Credit Agreement (SWIFT TRANSPORTATION Co), Credit Agreement (SWIFT TRANSPORTATION Co), Credit Agreement (SWIFT TRANSPORTATION Co)

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Inspection Rights and Insurance. Any First Priority Secured Party and its representatives and invitees may at any time inspect, repossess, remove and otherwise deal with the Common Collateral, and the First Priority Representative Agent may advertise and conduct public auctions or private sales of the Common Collateral, in each case without notice to, the involvement of or interference by any the Second Priority Secured Party or liability to any the Second Priority Secured Party.

Appears in 1 contract

Samples: Credit Agreement (Mirant North America, LLC)

Inspection Rights and Insurance. Any First Priority Secured Party and its representatives and invitees may at any time inspect, repossess, remove and otherwise deal with the Common Shared Collateral, and the First Priority Representative may advertise and conduct public auctions or private sales of the Common Shared Collateral, in each case without notice to, the involvement of or interference by any Second Junior Priority Secured Party or liability to any Second Junior Priority Secured Party.

Appears in 1 contract

Samples: Revolving Credit Agreement (Community Choice Financial Inc.)

Inspection Rights and Insurance. Any First Priority Secured Party and its representatives and invitees may at any time inspect, repossess, remove and otherwise deal with the Common Collateral, and the First Priority Representative may advertise and conduct public auctions or private sales of the Common Collateral, in each case without notice to, the involvement of or interference by any Second Priority Secured Party or liability to any Second Priority Secured Party.

Appears in 1 contract

Samples: Credit Agreement (Rivian Automotive, Inc. / DE)

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Inspection Rights and Insurance. Any First Priority Secured Party and its representatives may at any time inspect, repossess, remove and otherwise deal with the Common CollateralCollateral to the extent permitted in accordance with the terms of the First Priority Documents, and the First Priority Representative may advertise and conduct public auctions or private sales of the Common Collateral, in each case without notice to, the involvement of or interference by any Second Priority Secured Party or liability to any Second Priority Secured Party.

Appears in 1 contract

Samples: First Lien Credit Agreement (WEB.COM Group, Inc.)

Inspection Rights and Insurance. Any First Priority Secured Party and its representatives and invitees may at any time inspect, repossess, remove and otherwise deal with the Common CollateralCollateral in accordance with the terms of the First Priority Documents, and the First Priority Representative may advertise and conduct public auctions or private sales of the Common Collateral, in each case without notice to, the involvement of or interference by any Second Priority Secured Party or liability to any Second Priority Secured Party; provided that the First Priority Representative shall provide the Second Priority Representative with notice of any sales.

Appears in 1 contract

Samples: Support Agreement (Lee Enterprises, Inc)

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