Possession, Use and Release of Collateral. (a) Subject to the terms of the Collateral Documents, the First Lien Collateral Documents and the Intercreditor Agreement, the Guarantor will have the right to remain in possession and retain control of the Collateral (other than cash or any securities constituting part of the Collateral and deposited with the Collateral Agent in accordance with the provisions of the Collateral Documents and other than as otherwise set forth in the Collateral Documents), to freely operate the Collateral and to collect, invest and dispose of any income therefrom.
Appears in 2 contracts
Samples: Indenture (Oscient Pharmaceuticals Corp), Indenture (Guardian II Acquisition CORP)
Possession, Use and Release of Collateral. (a) Subject to the terms of the Collateral Documents, the First Lien Collateral Documents and the Intercreditor Agreement, the Guarantor Company and the Guarantors will have the right to remain in possession and retain control of the Collateral (other than cash or any securities constituting part of the Collateral and deposited with the Collateral Agent in accordance with the provisions of the Collateral Documents and other than as otherwise set forth in the Collateral Documents), to freely operate the Collateral and to collect, invest and dispose of any income therefrom.
Appears in 1 contract
Samples: Texas Unwired
Possession, Use and Release of Collateral. (a) Subject to the terms of the Collateral Documents, the First Lien Collateral Documents and the Intercreditor Agreement, the Guarantor Company and the Guarantors will have the right to remain in possession and retain control of the Collateral (other than cash or any securities constituting part of the Collateral and deposited with the Collateral Agent in accordance with the provisions of the Collateral Documents and other than as otherwise set forth in the Collateral 2010 Notes Indenture Documents), to freely operate the Collateral and to collect, invest and dispose of any income therefrom.
Appears in 1 contract
Samples: Texas Unwired
Possession, Use and Release of Collateral. (a) Subject to the terms of the Collateral Documents, Documents and the First Lien Collateral Security Documents and the Intercreditor Agreement, the Guarantor Company and the Guarantors will have the right to remain in possession and retain control of the Collateral (other than cash or any securities constituting part of the Collateral and deposited with the Collateral Agent Trustee in accordance with the provisions of the Collateral Documents and other than as otherwise set forth in the Collateral Documents), to freely operate the Collateral and to collect, invest and dispose of any income therefrom.
Appears in 1 contract
Samples: Indenture (Rural Cellular Corp)
Possession, Use and Release of Collateral. (a) Subject to the terms of the Collateral Documents, the First Lien Collateral Documents Issuers and the Intercreditor Agreement, the Guarantor Guarantors will have the right to remain in possession and retain control of the Collateral (other than cash or any securities constituting part of the Collateral and deposited with the Collateral Agent in accordance with the provisions of the Collateral Documents and other than as otherwise set forth in the Collateral Documents), to freely operate the Collateral and to collect, invest and dispose of any income therefrom.
Appears in 1 contract
Possession, Use and Release of Collateral. (a) Subject to the terms of the Collateral Intercreditor Agreement and the other Security Documents, the First Lien Collateral Documents Company and the Intercreditor Agreement, the each Guarantor will shall have the right to remain in possession and retain exclusive control of the Collateral (other than any cash, securities, obligations and cash or any securities equivalents constituting part of the Collateral and to the extent deposited with the Collateral Agent Agent, or any agent of the Collateral Agent, in accordance with the provisions of the Collateral Security Documents and other than as otherwise set forth in the Collateral Security Documents), to freely operate the Collateral and to collect, invest and dispose of any income therefrom.
Appears in 1 contract
Samples: Indenture (Hexacomb CORP)