Common use of License to Lender Clause in Contracts

License to Lender. Owner grants Lender a license, as set forth below, to enter into possession of the Premises to do any or all of the following with respect to the Goods: assemble them, have them appraised, display them, sever them, remove them, maintain them, prepare them for sale or lease, repair them, lease them, and transfer and/or sell them at one or more public auctions or private sales. Lender shall have the foregoing rights for a period of up to ninety (90) days (at Lender's discretion), following Lender obtaining possession of the Premises either by Borrower or Owner placing Lender in possession of the Premises or abandonment of the Premises by Borrower to Lender or otherwise, but in no event shall Lender be under any obligation to take-possession of the Premises. Any extensions of the foregoing period shall be with the written consent of Owner. Lender shall repair, at its cost, any damage. to the Premises caused by the Lender or its agents. Owner further grants Lender a license to enter the Premises at any time to inspect the Goods.

Appears in 1 contract

Samples: Loan and Security Agreement (Etinuum Inc)

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License to Lender. Owner grants Lender a license, as set forth below, to enter into possession of the Premises to do any or all of the following with respect to the Goods: assemble them, have them appraised, display them, sever them, remove them, maintain them, prepare them for sale or lease, repair them, lease them, and transfer and/or sell them at one or more public auctions or private sales. Lender shall have the foregoing rights for a period of up to ninety (90) days (at Lender's discretion), following Lender obtaining 0 possession of the Premises either by Borrower or Owner placing Lender in possession of the Premises or abandonment of the Premises by Borrower to Lender or otherwise, but in no event shall Lender be under any obligation to take-take possession of the Premises. Any extensions of the foregoing period shall be with the written consent of Owner. Lender shall repair, at its cost, any damage. damage to the Premises caused by the Lender or its agents. Owner further grants Lender a license to enter the Premises at any time to inspect the Goods.

Appears in 1 contract

Samples: Loan and Security Agreement (Etinuum Inc)

License to Lender. Owner grants Lender a license, as set forth below, to enter into possession of the Premises to do any or all of the following with respect to the Goods: assemble them, have them appraised, display them, sever them, remove them, maintain them, prepare them for sale or lease, repair them, lease them, and transfer and/or sell them at one or more public auctions or private sales. Lender shall have the foregoing rights for a period of up to ninety (90) days (at Lender's discretion), following Lender obtaining possession of the Premises either by Borrower or Owner placing Lender in possession of the Premises or abandonment of the Premises by Borrower to Lender or otherwise, but in no event shall Lender be under any obligation to take-take possession of the Premises. Any extensions of the foregoing period shall be with the written consent of Owner. Lender shall repair, at its cost, any damage. damage to the Premises caused by the Lender or its agents. Owner further grants Lender a license to enter the Premises at any time to inspect the Goods.

Appears in 1 contract

Samples: Loan and Security Agreement (Etinuum Inc)

License to Lender. Owner owner grants Lender a license, as set forth below, to enter into possession of the Premises to do any or all of the following with respect to to. the Goods: assemble them, have them appraised, display them, sever them, remove them, maintain them, prepare them for sale or lease, repair them, lease them, and transfer and/or sell them at one or more public auctions or private sales. Lender shall have the foregoing rights for a period of up lip to ninety (90) days (at Lender's discretion), following Lender obtaining possession of the Premises either by Borrower or Owner placing Lender in possession of the Premises or abandonment of the Premises by Borrower to Lender or otherwise, but in no event shall Lender be under any obligation to take-take possession of the Premises. Any extensions of the foregoing period shall be with the written consent of Owner. Lender shall repair, at its cost, any damage. damage to the Premises caused by the Lender or its agents. Owner further grants Lender a license to enter the Premises at any time to inspect the Goods.

Appears in 1 contract

Samples: Loan and Security Agreement (Etinuum Inc)

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License to Lender. Owner grants Lender a license, as set forth below, to enter into possession of the Premises to do any or all of the following with respect to the GoodsInventory: assemble themit, have them it appraised, display themit, sever themit, remove themit, maintain themit, prepare them it for sale or lease, repair themit, lease themit, and transfer and/or sell them it at one or more public auctions or private sales. Lender shall have the foregoing rights for a period of up to ninety (90) days (at Lender's ’s discretion), following Lender obtaining possession of the Premises either by Borrower or Owner placing Lender in possession of the Premises or abandonment of the Premises by Borrower to Lender or otherwise, but in no event shall Lender be under any obligation to take-take possession of the Premises. Any extensions of the foregoing period shall be with the written consent of Owner. Lender shall repair, at its cost, any damage. structural damage to the Premises caused by the Lender or its agentsremoval of the Inventory by Lender. Owner further grants Lender a license to enter the Premises at any time to inspect the GoodsInventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Barbeques Galore LTD)

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