Common use of Use of Collateral Clause in Contracts

Use of Collateral. With respect to any Collateral in the possession of the Agent or any other Secured Creditor, or a bailee or other third party holding on its behalf, the Agent or such other Secured Creditor may use or operate such Collateral in any manner and to the extent determined by the Agent or such Secured Creditor.

Appears in 10 contracts

Samples: Guarantee and Collateral Agreement (CareView Communications Inc), Security Agreement (Avinger Inc), Security Agreement (Avinger Inc)

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Use of Collateral. With respect to any Collateral in the possession of the Agent or any other Secured CreditorParty, or a bailee or other third party holding on its behalf, the Agent or such other Secured Creditor Party may use or operate such Collateral in any manner and to the extent determined by the Agent or such Secured CreditorParty.

Appears in 1 contract

Samples: Credit Agreement (Earth Biofuels Inc)

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Use of Collateral. With respect to any Collateral in the possession of the Agent or any other Secured CreditorSecurity Agent, or a bailee or other third party holding on its behalf, the Security Agent or such other Secured Creditor may use or operate such Collateral in any manner and to the extent reasonably determined by the Agent or such Secured CreditorSecurity Agent.

Appears in 1 contract

Samples: Security and Pledge Agreement (Genesys Sa)

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