USE AND VERIFICATION OF COLLATERAL. Subject to compliance with the Debtor's covenants contained in this Agreement and compliance with paragraph 11 of this Agreement, the Debtor may, until default, possess, operate, collect, use and enjoy, and* deal with the Collateral in the ordinary course of the Debtor's business in any manner not inconsistent with the provisions of this Agreement; provided always that the Secured Party shall have the right at any time and from time to time to verify the existence and state of the Collateral in any manner the Secured Party may consider appropriate. The Debtor agrees to furnish all assistance and information and to perform all such acts as the Secured Party may reasonably request in connection therewith, and for such purpose to grant to the Secured Party or its agents access to all places where the Collateral may be located and to all premises occupied by the Debtor.
Appears in 2 contracts
Samples: Security Agreement (Pine Valley Mining Corp), Security Agreement (Pine Valley Mining Corp)
USE AND VERIFICATION OF COLLATERAL. Subject to compliance with the Debtor's covenants contained in this Agreement herein and compliance with paragraph 11 of this Agreementclause 10 hereof, the Debtor may, until default, possess, operate, collect, use use, and enjoy, and* enjoy and deal with the Collateral in the ordinary course of the Debtor's business in any manner not inconsistent with the provisions of this Agreementhereof; provided always that the Secured Party shall have the right upon reasonable request at any time and from time to time to verify the existence and state of the Collateral in any manner the Secured Party may consider appropriate. The appropriate and the Debtor agrees to furnish all assistance and information and to perform all such acts as the Secured Party may reasonably request in connection therewith, therewith and for such purpose to grant to the Secured Party or its agents access to all places where the Collateral may be located and to all premises occupied by the Debtor.
Appears in 2 contracts
Samples: Exchange Agreement Series a/B Loan (Voice Mobility International Inc), Exchange Agreement (Voice Mobility International Inc)
USE AND VERIFICATION OF COLLATERAL. Subject to compliance with the Debtor's covenants contained in this Agreement herein and compliance with paragraph specifically including paragraphs 10 and 11 of this Agreementhereof, the Debtor may, until default, possess, operate, collect, use and enjoy, and* enjoy and deal with the Collateral in the ordinary course of the Debtor's business in any manner not inconsistent with the provisions of this Agreementhereof; provided always that the Secured Party shall have the right at any time during normal business hours and from time to time to verify the existence and state of the Collateral in any manner the Secured Party may consider appropriate. The appropriate and the Debtor agrees to furnish all assistance and information and to perform all such acts as the Secured Party may reasonably request in connection therewith, therewith and for such purpose to grant to the Secured Party or its agents access to all places where the Collateral may be located and to all premises occupied by the Debtor.
Appears in 2 contracts
Samples: Security Agreement (Identica Holdings Corp), Security Agreement (Eroomsystem Technologies Inc)
USE AND VERIFICATION OF COLLATERAL. Subject to compliance with the Debtor's ’s covenants contained in this Agreement and compliance with paragraph 11 of this Agreement, the Debtor may, until default, possess, operate, collect, use and enjoy, and* and deal with the Collateral in the ordinary course of the Debtor's ’s business in any manner not inconsistent with the provisions of this Agreement; provided always that the Secured Party shall have the right at any time and from time to time to verify the existence and state of the Collateral in any manner the Secured Party may consider appropriate. The Debtor agrees to furnish all assistance and information and to perform all such acts as the Secured Party may reasonably request in connection therewith, and for such purpose to grant to the Secured Party or its agents access to all places where the Collateral may be located and to all premises occupied by the Debtor.
Appears in 2 contracts
Samples: Loan Agreement (Niocorp Developments LTD), Security Agreement (Search by HEADLINES.COM Corp.)
USE AND VERIFICATION OF COLLATERAL. Subject to compliance with the Debtor's ’s covenants contained in this Agreement herein and compliance with paragraph 11 of this AgreementClause 7 hereof, the Debtor may, until defaultDefault, possess, operate, collect, use and enjoy, and* enjoy and deal with the Collateral in the ordinary course of the Debtor's ’s business in any manner not inconsistent with the provisions of this Agreement; hereof, provided always that the Secured Party shall have the right at any time and from time to time to verify the existence and state of the Collateral in any manner that the Secured Party may consider appropriate. The appropriate and the Debtor agrees to furnish all assistance and information and to perform all such acts as the Secured Party may reasonably request in connection therewith, therewith and for such purpose to grant to the Secured Party or its agents access to all places where the Collateral may be located and to all premises occupied by the Debtor.,
Appears in 1 contract
