Possession by Beneficiary. Notwithstanding the appointment of any receiver, liquidator or trustee of Grantor, any of its property or the Trust Property, Beneficiary shall be entitled, to the extent not prohibited by law, to remain in possession and control of all parts of the Trust Property now or hereafter granted under this Deed of Trust to Beneficiary in accordance with the terms hereof and applicable law.
Appears in 6 contracts
Samples: Credit Agreement (Fairchild Semiconductor International Inc), Credit Agreement (Intersil Holding Co), Filing and Security Agreement (Dirsamex Sa De Cv)
Possession by Beneficiary. Notwithstanding the appointment -------------------------- of any receiver, liquidator or trustee of Grantor, any of its property or the Trust Property, Beneficiary shall be entitled, to the extent not prohibited by law, to remain in possession and control of all parts of the Trust Property now or hereafter granted under this Deed of Trust to Beneficiary in accordance with the terms hereof and applicable law.
Appears in 2 contracts
Samples: Credit Agreement (Jafra Cosmetics International Sa De Cv), Filing and Security Agreement (Jafra Cosmetics International Sa De Cv)
Possession by Beneficiary. Notwithstanding the appointment of any receiver, liquidator or trustee of GrantorTrustor, any of its property or the Trust Property, Beneficiary shall be entitled, to the extent not prohibited by law, to remain in possession and control of all parts of the Trust Property now or hereafter granted under this Deed of Trust to Beneficiary in accordance with the terms hereof and applicable law.
Appears in 2 contracts
Samples: Assignment and Assumption (Dennys Corp), Collateral Agency Agreement (Molycorp, Inc.)
Possession by Beneficiary. Notwithstanding the appointment of any receiver, liquidator or trustee of Grantor, any of its property or the Trust Property, Beneficiary shall be entitled, to the extent not prohibited by law, to remain in possession and control of all parts of the Trust Property now or hereafter granted under this Second Priority Deed of Trust to Beneficiary in accordance with the terms hereof and applicable law.
Appears in 1 contract
Samples: Rite Aid Corp
