Common use of Dealing with Collateral Clause in Contracts

Dealing with Collateral. The Collateral Agent may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor except as otherwise required by any applicable law. The Collateral Agent may demand, ▇▇▇ for and receive any Accounts Receivable with or without notice to the Debtor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Agent’s absolute discretion, seem bad or doubtful. The Collateral Agent may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor by the Collateral Agent, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent on the Secured Obligations or any part thereof and shall be secured by this Agreement.

Dealing with Collateral. The Collateral Agent may (and at the request of the Required Lenders, shall) seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor Grantors except as otherwise required under Section 6.2 or 6.6(c), and by any applicable law. The Collateral Agent may may, but shall not be obligated to unless requested to do so by the Required Lenders, in its name or in the name of a Grantor or otherwise, demand, ▇▇▇ for for, collect and receive any Accounts Receivable Collateral and with or without notice to the Debtorsuch Grantor, give such receipts, discharges and extensions of time and make such compromises in or settlements deemed desirable with respect to any of any Accounts Receivable which may, in the Agent’s absolute discretion, seem bad or doubtfulCollateral. The Collateral Agent may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced shall, in each case subject to the Debtor limitations on reimbursement of costs and expenses set forth in Section 13.5 of the Credit Agreement, be payable by the Collateral Agent, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by Grantors to the Collateral Agent on to the Secured Obligations or any part thereof extent required by, and in accordance with, Section 13.5 of the Credit Agreement, and shall be additional Secured Obligations secured by this Agreementhereby.

Dealing with Collateral. The Collateral Agent may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor any Grantor except as otherwise required by any applicable law. The Collateral Agent may demand, ▇▇▇ for and receive any Accounts Receivable with or without notice to the Debtorany Grantor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Collateral Agent’s absolute discretion, seem bad or doubtful. The Collateral Agent may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor such Grantor by the Collateral Agent, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent on the Secured Obligations or any part thereof and shall be secured by this Security Agreement.

Dealing with Collateral. The Collateral Agent Lender may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor Grantor except as otherwise required by any applicable law. The Collateral Agent Lender may demand, ▇▇▇ sue for and receive any Accounts Receivable with or without notice to the DebtorGrant▇▇, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Agent’s Lender's absolute discretion, seem bad or doubtful. The Collateral Agent Lender may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ ' and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent Lender hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor Grantor by the Collateral AgentLender, shall become part of the Secured ObligationsLiabilities, shall bear interest at the highest rate per annum charged by the Collateral Agent Lender on the Secured Obligations Liabilities or any part thereof and shall be secured by this Security Agreement.

Dealing with Collateral. The Collateral Agent Lender may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor except as otherwise required by any applicable law. The Collateral Agent Lender may demand, ▇s▇▇ for and receive any Accounts Receivable with or without notice to the Debtor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the AgentLender’s absolute discretion, seem bad or doubtful. The Collateral Agent Lender may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent Lender hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor by the Collateral AgentLender, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent Lender on the Secured Obligations or any part thereof and shall be secured by this Security Agreement.

Dealing with Collateral. The Collateral Agent may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor except as otherwise required by any applicable lawApplicable Law. The Collateral Agent may demand, ▇▇▇ sue for and receive any Accounts Receivable with or without notice to the Debtor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Agent’s absolute discretion, seem bad or doubtful. The Collateral Agent may charge on its own behalf and pay to others, sums for reasonable costs and expenses incurred including, without limitation, reasonable legal fees and expenses on a solicitor and his own client scale substantial indemnity basis and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor by the Collateral Agent, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent on the Secured Obligations or any part thereof and shall be secured by this General Security Agreement.

Dealing with Collateral. The Collateral Agent may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor Grantor except as otherwise required by any applicable law. The Collateral Agent may demand, ▇▇▇ for and receive any Accounts Receivable with or without notice to the DebtorGrantor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Collateral Agent’s absolute discretion, seem bad or doubtful. The Collateral Agent may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor Grantor by the Collateral Agent, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent on the Secured Obligations or any part thereof and shall be secured by this Security Agreement.. Security Agreement – ▇▇▇▇ Canada Co. (2009)

Dealing with Collateral. The Collateral Agent Lender may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor except as otherwise required by any applicable law. The Collateral Agent Lender may demand, ▇▇▇ for and receive any Accounts Receivable with or without notice to the Debtor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Agent’s Lender's absolute discretion, seem bad or doubtful. The Collateral Agent Lender may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ ' and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent Lender hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor by the Collateral AgentLender, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent Lender on the Secured Obligations or any part thereof and shall be secured by this Security Agreement.

Dealing with Collateral. The Collateral Agent the Lender may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor except as otherwise required by any applicable law. The Collateral Agent Lender may demand, ▇▇▇ for and receive any Accounts Receivable with or without notice to the Debtor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Agent’s Lender's absolute discretion, seem bad or doubtful. The Collateral Agent Lender may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ ' and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent Lender hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor by the Collateral AgentLender, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent Lender on the Secured Obligations or any part thereof and shall be secured by this Security Agreement.

Dealing with Collateral. The Collateral Agent During a Default Period, the Lender may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor Borrower except as otherwise required by any applicable law. The Collateral Agent During a Default Period, the Lender may demand, ▇▇▇ for and receive any Accounts Receivable with or without notice to the DebtorBorrower, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the AgentLender’s absolute discretion, seem bad or doubtful. The Collateral Agent Lender may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent Lender hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor Borrower by the Collateral AgentLender, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent Lender on the Secured Obligations or any part thereof and shall be secured by this Agreement.

Dealing with Collateral. The Collateral Agent may seize, collect, realize, dispose of, enforce, release to third parties or otherwise deal with the Collateral or any part thereof in such manner, upon such terms and conditions and at such time or times as may seem to it advisable, all of which without notice to the Debtor except as otherwise required by any applicable law. The Collateral Agent may demand, ▇▇▇ for and receive any Accounts Receivable with or without notice to the Debtor, give such receipts, discharges and extensions of time and make such compromises in respect of any Accounts Receivable which may, in the Agent’s or such Lender’s absolute discretion, seem bad or doubtful. The Collateral Agent may charge on its own behalf and pay to others, sums for costs and expenses incurred including, without limitation, legal fees and expenses on a solicitor and his own client scale and Receivers’ and accounting fees, in or in connection with seizing, collecting, realizing, disposing, enforcing or otherwise dealing with the Collateral and in connection with the protection and enforcement of the rights of the Collateral Agent or any of the other Secured Parties hereunder including, without limitation, in connection with advice with respect to any of the foregoing. The amount of such sums shall be deemed advanced to the Debtor by the Collateral AgentAgent and the other Secured Parties, shall become part of the Secured Obligations, shall bear interest at the highest rate per annum charged by the Collateral Agent and the other Secured Parties on the Secured Obligations or any part thereof and shall be secured by this Agreement.