Common use of Access to Collateral Clause in Contracts

Access to Collateral. The Term Loan Agent agrees that the Revolver Agent, through its authorized representatives or agents may (to the extent the Term Loan Agent has the right to restrict access to the real property on which any of the Shared Collateral is located) enter upon such real property at any time and from time to time for the purpose of inspecting, repairing, removing or conducting a sale or sales of any or all of the Shared Collateral. The Term Loan Agent agrees that neither the Revolver Agent nor any Revolver Lender shall have any obligation or liability to the Term Loan Agent or any Term Lender for any action taken in accordance with the preceding sentence, except that Revolver Lenders shall (i) repair any damage to such real property caused by the removal, repair, sale or inspection; and (ii) be liable for the negligent acts of the employees or agents of any Revolver Lender or the Revolver Agent in connection with such removal, repairs, sale or inspection.

Access to Collateral. The Term Loan Agent agrees that the Revolver Agent, through its authorized representatives or agents may (to the extent the Term Loan Agent has the right to restrict access to the real property on which any of the Shared Collateral is located) enter upon such real property at any time and from time to time for the purpose of inspecting, repairing, removing or conducting a sale or sales of any or all of the Shared Collateral. The Term Loan Agent agrees that neither the Revolver Agent nor any Revolver Lender shall have any obligation or liability to the Term Loan Agent or any Term Lender for any action taken in accordance with the preceding sentence, except that Revolver Lenders shall shall: (i) repair any damage to such real property caused by the removal, repair, sale or inspection; and (ii) be liable for the negligent acts of the employees or agents of any Revolver Lender or the Revolver Agent in connection with such removal, repairs, sale or inspection.