Taking Possession of Collateral. 12 6.4 Rights and Remedies under PPSA..................................12 6.5 Co-operation of Grantor with respect to Taking Possession.......12 6.
Taking Possession of Collateral. Upon the occurrence and during the continuance of an Event of Default, Canadian Agent may take possession of, collect, demand, sue on, enforce, recover and receive Collateral and give valid and xxxding receipts and discharges therefor and in respect thereof and Canadian Agent also may sell, license, lease or otherwise dispose of Collateral in such manner, at such time or times and place or places, for such consideration and upon such terms and conditions as to Canadian Agent may seem reasonable and in compliance with applicable law.
Taking Possession of Collateral. From time to time the Company may deposit certain items of Collateral with the Custodian with written instruction that such items of Collateral be held by the Custodian as Collateral under the Security Agreement (such items of Collateral so deposited, individually and collectively, the "Delivered Collateral"). The Custodian shall take possession of the Delivered Collateral as
Taking Possession of Collateral. Upon and during the continuance of an Event of Default, Collateral Agent may take possession of, collect, demand, xxx on, enforce, recover and receive Collateral and give valid and binding receipts and discharges therefor and in respect thereof and Collateral Agent may sell, licence, lease or otherwise dispose of Collateral in such manner, at such time or times and place or places, for such consideration and upon such terms and conditions as to Collateral Agent may seem reasonable (acting on the instructions of Requisite Lenders). Collateral Agent shall use reasonable care with respect to the Collateral in its possession or under its control. Collateral Agent shall not have any other duty as to any Collateral in its possession or control or in the possession or control of any agent or nominee of Collateral Agent, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto except solely to the extent Collateral Agent has thereto agreed under Section 9.20.
Taking Possession of Collateral. Upon and during the continuance of an Event of Default, the CTR Lenders may take possession of, collect, demand, xxx on, enforce, recover and receive Collateral and give valid and binding receipts and discharges therefor and in respect thereof and the CTR Lenders may sell, licence, lease or otherwise dispose of Collateral in such manner, at such time or times and place or places, for such consideration and upon such terms and conditions as to the CTR Lenders may seem reasonable (in their discretion). The CTR Lenders shall use reasonable care with respect to the Collateral in their possession or under their control. The CTR Lenders shall not have any other duty as to any Collateral in their possession or control or in the possession or control of any agent or nominee of the CTR Lenders, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto except solely to the extent the CTR Lenders has thereto agreed under Section 9.20.
Taking Possession of Collateral. Lender may take possession of, collect, demand, xxx on, enforce, recover and receive Collateral and give valid and binding receipts and discharges therefor and in respect thereof and, upon and during the continuance of an Event of Default, Lender may sell, licence, lease or otherwise dispose of Collateral in such manner, at such time or times and place or places, for such consideration and upon such terms and conditions as to Lender may seem reasonable. Lender shall use reasonable care with respect to the Collateral in its possession or under its control. Lender shall not have any other duty as to any Collateral in its possession or control or in the possession or control of any agent or nominee of Lender, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto except solely to the extent Lender has thereto agreed under the last sentence of Section 6 and under Section 9.20.
Taking Possession of Collateral. Upon an Event of Default that is continuing, the Secured Party may take possession of, collect, demand, xxx on, enforce, recover and receive Collateral in either the Debtor’s or the Secured Party’s name, and may endorse the Debtor’s name on any and all commercial paper, cheques and other Instruments pertaining to or constituting Collateral and give valid and binding receipts and discharges therefor and in respect thereof, and may sell, license, lease or otherwise dispose of any of the Collateral in such manner, at such time or times and place or places, for such consideration and upon such terms and conditions as to the Secured Party may seem reasonable.
Taking Possession of Collateral. Agent may take possession of, collect, demand, xxx on, enforce, recover and receive Collateral and give valid and binding receipts and discharges therefor and in respect thereof and, upon the occurrence of a Default or an Event of Default, Agent may sell, license, lease or otherwise dispose of Collateral in such manner, at such time or times and place or places, for such consideration and upon such terms and conditions as to Agent may seem reasonable.
Taking Possession of Collateral. Upon and during the continuance of an Event of Default, Trustee may take possession of, collect, demand, xxx on, enforce, recover and receive Collateral and give valid and binding receipts and discharges therefor and in respect thereof and Trustee may sell, licence, lease or otherwise dispose of Collateral in such manner, at such time or times and place or places, for such consideration and upon such terms and conditions as to Trustee may seem reasonable (in its discretion or acting upon a written request set forth in a Debentureholders' Instrument). Trustee shall use reasonable care with respect to the Collateral in its possession or under its control. Trustee shall not have any other duty as to any Collateral in its possession or control or in the possession or control of any agent or nominee of Trustee, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto except solely to the extent Trustee has thereto agreed under Section 9.20.
Taking Possession of Collateral. 11 6.4 Rights and Remedies under PPSA...................................................................11 (i)
