Common use of Possession and Assembly of Collateral Clause in Contracts

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party Obligor’s Equipment unusable. Upon Agent’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one or more places designated by Agent.

Appears in 10 contracts

Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)

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Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party Obligor’s 's Equipment unusable. Upon Agent’s 's request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one or more places designated by Agent.

Appears in 4 contracts

Samples: Loan and Security Agreement (Aytu Biopharma, Inc), Loan and Security Agreement (Aytu Biopharma, Inc), Loan and Security Agreement (LIVE VENTURES Inc)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party Obligor’s or Parent’s Equipment unusable. Upon Agent’s request, each Loan Party Obligor and Parent shall assemble the Collateral and make it available to Agent at one or more places designated by Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Kaspien Holdings Inc.), Loan and Security Agreement (Kaspien Holdings Inc.), Loan and Security Agreement (Trans World Entertainment Corp)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party Obligor’s Equipment unusableCollateral. Upon Agent’s 's request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one or more places designated by Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party Obligor’s Equipment unusableCollateral. Upon Agent’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one a place or more places to be designated by Agent.

Appears in 2 contracts

Samples: Super Priority (iMedia Brands, Inc.), Loan and Security Agreement (SkyWater Technology, Inc)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party Obligor’s Party's Equipment unusable. Upon Agent’s 's request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one or more places designated by Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (LIVE VENTURES Inc), Loan and Security Agreement (Horizon Global Corp)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, and/or without removal, removal render each Loan Party Obligor’s Equipment unusable. Upon Agent’s request, and subject to the Intercreditor Agreement, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one a place or more places to be designated by Agent.. Loan and Security Agreement

Appears in 1 contract

Samples: Loan and Security Agreement (Sypris Solutions Inc)

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Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party ObligorParty’s Equipment unusable. Upon Agent’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one or more places designated by Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Ranger Energy Services, Inc.)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, and/or without removal, removal render each Loan Party ObligorParty’s Equipment unusable. Upon Agent’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one a place or more places to be designated by Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Olb Group, Inc.)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, and/or without removal, removal render each Loan Party ObligorParty’s Equipment unusable. Upon Agent’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one a place or more places to be designated by Agent.. Loan and Security Agreement

Appears in 1 contract

Samples: Loan and Security Agreement (Excel Corp)

Possession and Assembly of Collateral. Agent may take possession of the Collateral and/or, without removal, render each Loan Party Obligor’s Equipment unusableCollateral. Upon Agent’s 's written request, each Loan Party Obligor shall assemble the Collateral and make it available to Agent at one or more places designated by Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (R F Industries LTD)

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