Common use of Protection of Premises Clause in Contracts

Protection of Premises. Upon the occurrence and during the continuance of an Event of Default, the Mortgagee may take such actions, including, but not limited to disbursements of such sums, as the Mortgagee in its sole but reasonable discretion deems necessary to protect the Mortgagee’s interest in the Premises.

Appears in 18 contracts

Samples: Credit Agreement (Hertz Corp), Assumption Agreement (Veritiv Corp), Intercreditor Agreement (Us LBM Holdings, Inc.)

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Protection of Premises. Upon the occurrence and during the continuance of an Event of Default, the Mortgagee may take such actions, including, but not limited to disbursements of such sums, as the Mortgagee in its sole but reasonable discretion deems necessary in good faith to protect the Mortgagee’s interest in the Premises.

Appears in 2 contracts

Samples: Notes Collateral Agreement (Cornerstone Building Brands, Inc.), Guarantee and Collateral Agreement (Cornerstone Building Brands, Inc.)

Protection of Premises. Upon the occurrence and during the continuance of an Event of Default, the Mortgagee may take such actions, including, but not limited to disbursements of such sums, as the Mortgagee in its sole but reasonable discretion deems necessary to protect the Mortgagee’s interest in the Premises.. EXHIBIT C to SECOND LIEN CREDIT AGREEMENT

Appears in 2 contracts

Samples: Credit Agreement (Mauser Group B.V.), Intercreditor Agreement (PharMEDium Healthcare Holdings, Inc.)

Protection of Premises. Upon the occurrence and during the continuance of an Event of Default, the Mortgagee may take such actions, including, but not limited to disbursements of such sums, as the Mortgagee in its sole but reasonable discretion deems necessary to protect the Mortgagee’s interest in the Premises.. EXHIBIT C to FIRST LIEN CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Mauser Group B.V.)

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Protection of Premises. Upon the occurrence and during the continuance of an Event of Default, the Mortgagee may take such actions, including, but not limited to to, disbursements of such sums, sums as the Mortgagee in its sole but reasonable discretion deems necessary to protect the Mortgagee’s interest in the Premises.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Nci Building Systems Inc)

Protection of Premises. Upon the occurrence and during the continuance of an Event of Default, the Mortgagee may take such actions, including, but not limited to disbursements of such sums, as the Mortgagee in its sole but reasonable discretion deems necessary to protect the Mortgagee’s interest in the Premises.. EXHIBIT C to CREDIT AGREEMENT ARTICLE VI

Appears in 1 contract

Samples: Credit Agreement (Emergency Medical Services CORP)

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