Common use of Possession and Removal Clause in Contracts

Possession and Removal. Debtor may remain in possession of the Collateral until and unless Debtor shall be in default under this Security Agreement, provided Debtor shall not permit the Collateral to be removed from its present location(s) without consent of the Secured Party.

Appears in 4 contracts

Samples: Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD)

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Possession and Removal. The Debtor may remain in possession of the Collateral collateral until and unless Debtor shall be in default under this Security Agreement, provided Debtor shall not permit the Collateral to agreement. The collateral may be removed from its present location(s) without location only with the written consent of the Secured Party.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

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