Possession of the Collateral. Debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's possession to Bank immediately, or if hereafter acquired, immediately following acquisition, appropriately indorsed to Bank's order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.
Possession of the Collateral. Debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's possession to Lender immediately upon request, or if hereafter acquired, immediately following acquisition and such request, appropriately endorsed to Lender s order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.
Possession of the Collateral. The Corporation shall hold in its -------------------------------- possession in the State of California all the Pledged Stock and all other certificates, documents or instruments constituting Pledged Stock Collateral pledged, assigned to transferred hereunder except as form time to time any such certificate, document or instrument may be required for recordation or for the purchase of enforcing or realizing upon any right or value thereby represented; provided, however, that Borrower in his capacity as xx xxxxcer of the Corporation or otherwise, shall have no ability to assign, release, transfer or otherwise deal with the Pledged Stock Collateral. The Corporation may, from time to time, in its sole discretion appoint one or more agents or trustees (which in no case shall be Borrower or any of his affiliates) to hold physical custody, for the account of the Corporation, of any or all such certificates, documents or instruments.
Possession of the Collateral. Subject to the terms and conditions of this Indenture and the Collateral Documents, the Company and the Restricted Subsidiaries shall be entitled, unless an Event of Default has occurred and is continuing and the Collateral and Intercreditor Agent has given contrary instructions pursuant to the terms of the Collateral Documents, to receive all cash dividends, interest and other payments made upon or in respect of the Collateral, and to exercise any rights (including voting rights) in respect thereof and generally to remain in possession of and to retain exclusive control over the Collateral, to freely operate the Collateral, to replace machinery and equipment and to sell or otherwise dispose of Collateral, including cash constituting Collateral, to make any filings or submit any claims, to pay dividends, to make investments and loans and to collect, invest and dispose of any income in respect of any Collateral, in each case in the ordinary course of business.
Possession of the Collateral. Subject to the terms and conditions of this Indenture and the Collateral Trust Agreement, unless a Triggering Event or an Event of Default has occurred and is continuing, the Company shall be entitled to (a) direct the manner in which the Collateral Trustee receives all cash dividends and other payments made upon or in respect of the Collateral, and (b) exercise, through the Collateral Trustee pursuant to the Collateral Trust Agreement, any voting and other rights in respect thereof and generally to remain in possession of and to retain exclusive control over the Collateral, in each case in the ordinary course of business.
Possession of the Collateral. The Debtor acknowledges that the Secured Party or any Receiver appointed by it may take possession of the Collateral wherever it may be located and by any method permitted by law and the Debtor agrees upon request from the Secured Party or any such Receiver to assemble and deliver possession of the Collateral at such place or places as directed.
Possession of the Collateral. (a) Until the occurrence of an Event of Default, the Company or the relevant Restricted Subsidiary may possess, manage, operate and enjoy, as applicable, the Security Collateral in accordance with the terms of this Indenture, the Securities and the Security Documents.
(b) Notwithstanding the foregoing, all amounts received by the Trustee as proceeds of any part of the Security Collateral (including Net Available Proceeds in the case of an Asset Disposition) and all amounts of money, securities, letters of credit and other evidences of indebtedness deposited with or held by the Trustee in accordance with this Indenture and any Security Document shall be held by the Trustee as security for the Obligations of the Company and the Subsidiary Guarantors, if any, under this Indenture, the Securities, any Guarantees and the Security Documents until applied in accordance with the terms of this Indenture.
Possession of the Collateral. (a) Until the occurrence of an Event of Default, the Company or the relevant Restricted Subsidiary may possess, manage, operate and enjoy, as applicable, the Collateral in accordance with the terms of this Indenture, the Notes, the Guarantees and the Security Documents.
(b) Notwithstanding the foregoing, all amounts received by the Trustee as proceeds of any part of the Collateral (including Net Cash Proceeds in the case of an Asset Sale and Net Loss Proceeds in the case of an Event of Loss) and all amounts of money, securities, letters of credit and other evidences of indebtedness deposited with or held by the Trustee in accordance with this Indenture and any Security Document shall be held by the Trustee as security for the Obligations of the Company and the Guarantors, if any, under this Indenture, the Notes, any Guarantees and the Security Documents until applied in accordance with the terms of this Indenture.
Possession of the Collateral. Pursuant to and subject to the terms of the Security Documents, the Issuer and the Guarantors will have the right to remain in possession and retain exclusive control of the Collateral and to freely operate the Collateral and to collect, invest and dispose of any income therefrom.
Possession of the Collateral. (a) Until the occurrence of an Event of Default, the Company may possess, manage, operate and enjoy, as applicable, the Collateral in accordance with the terms of this Indenture, the Notes and the Security Documents.
(b) The Collateral Agent is authorized to receive all amounts received as proceeds of any part of the Collateral and all amounts of money, securities, letters of credit and other evidences of indebtedness deposited with or held by it and shall hold such as security for the Obligations of the Company and the Guarantors, if any, under this Indenture, the Notes and the other Transaction Documents until applied in accordance with the terms of this Indenture.
