Use of Collateral. With respect to any Collateral in the possession of Secured Party, or a bailee or other third party holding on its behalf, Secured Party (acting on instructions received pursuant to the terms of the STID) may, at any time after the occurrence and during the continuance of an Enforcement Event a, use or operate such Collateral in any manner and to the extent determined by Secured Party.
Appears in 16 contracts
Samples: Security Agreement (Marconi Corp PLC), Security Agreement (Marconi Corp PLC), Security Agreement (Marconi Corp PLC)
