Rights of Access and Use. (i) In the event that Tranche B Agent or Agent shall acquire control or possession of any of the Tranche B Loan Priority Collateral or shall, through the exercise of remedies under this Agreement, sell any of the Tranche B Loan Priority Collateral to any third party (a “Third Party Purchaser”) Tranche B Agent shall permit Agent (or require as a condition of such sale to the Third Party Purchaser that the Third Party Purchaser agree to permit Agent), at its option and in accordance with applicable law:
Appears in 4 contracts
Samples: General Security Agreement (SMTC Corp), Canadian Loan Agreement (SMTC Corp), Canadian Loan Agreement (SMTC Corp)
