Location of the Collateral. Grantor, upon written request of Lender, will deliver to Lender in form reasonably satisfactory to Lender a schedule of real properties and Collateral locations relating to Grantor’s operations, including without limitation the following: (a) all real property owned or being purchased by Grantor; (b) all real property being rented or leased by Grantor; (c) all storage facilities owned, rented, leased, or being used by Grantor; and (d) all other properties where Collateral is or may be located. Except in the ordinary course of its business (which shall include, without limitation, te disposition of worn, damaged, or obsolete Equipment, and Equipment no longer used by Grantor), Grantor shall not remove the Collateral from its existing locations without the prior written consent of Lender, which consent shall not be unreasonably withheld, conditioned or delayed.
Appears in 4 contracts
Samples: Commercial Security Agreement (Premier Power Renewable Energy, Inc.), Commercial Security Agreement (Premier Power Renewable Energy, Inc.), Commercial Security Agreement (Premier Power Renewable Energy, Inc.)
