Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or without removal render each Loan Party Obligor’s Equipment unusable. Upon Lender’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place or places to be designated by Lender.
Appears in 3 contracts
Samples: Loan and Security Agreement (New Age Beverages Corp), Loan and Security Agreement (Id Systems Inc), Loan and Security Agreement
Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or and, without removal removal, render each Loan Party Obligor’s Equipment unusable. Upon Lender’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place or places to be designated by Lender.
Appears in 3 contracts
Samples: Loan and Security Agreement (Janel Corp), Loan and Security Agreement (Janel Corp), Loan and Security Agreement (Janel Corp)
Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or without removal render each Loan Party ObligorParty’s Equipment unusable. Upon Lender’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place or places to be designated by Lender.
Appears in 2 contracts
Samples: Loan and Security Agreement (Transact Technologies Inc), Loan and Security Agreement (usell.com, Inc.)
Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or without removal render each Loan Party ObligorParty’s Equipment unusable. Upon LenderXxxxxx’s requestrequest and subject to the Intercreditor Agreement, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place or places to be designated by Lender.
Appears in 2 contracts
Samples: Loan and Security Agreement (Salem Media Group, Inc. /De/), Loan and Security Agreement (Grove Collaborative Holdings, Inc.)
Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or without removal render each Loan Party Obligor’s 's Equipment unusable. Upon Lender’s 's request, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place or places to be designated by Lender.
Appears in 1 contract
Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or without removal render each Loan Party Obligor’s Equipment unusable. Upon Lender’s requestrequest and subject to the Intercreditor Agreement, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place or places to be designated by Lender.
Appears in 1 contract
Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or and/or, without removal removal, render each Loan Party Obligor’s Equipment unusable. Upon Lender’s request, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place one or more places to be designated by Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Hightimes Holding Corp.)
Possession and Assembly of Collateral. Lender may take possession of the Collateral and/or without removal render each Loan Party Obligor’s Equipment unusableCollateral. Upon Lender’s requestrequest and subject to the Intercreditor Agreement, each Loan Party Obligor shall assemble the Collateral and make it available to Lender at a place or places to be designated by Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (FreightCar America, Inc.)