Dealings with the Collateral Clause Samples

The 'Dealings with the Collateral' clause defines the rights and restrictions of the parties regarding the use, management, or disposition of collateral provided under an agreement. It typically outlines what actions the secured party or debtor may take with respect to the collateral, such as whether the debtor can use, sell, or substitute the collateral during the term of the agreement. This clause ensures that both parties understand their respective rights and obligations concerning the collateral, thereby protecting the secured party’s interest and reducing the risk of unauthorized or detrimental actions affecting the collateral’s value.
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Dealings with the Collateral the Debtor shall not sell, exchange, assign or lease or otherwise dispose of the Collateral or any interest therein without the prior written consent of Libro;
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Dealings with the Collateral. CIBC or a Receiver may take possession of all or any part of the Collateral and retain it for as long as CIBC or the Receiver considers appropriate, receive any rents and profits from the Collateral, carry on (or concur in carrying on) all or any part of the Customer's business or refrain from doing so, borrow on the security of the Collateral, repair the Collateral, process the Collateral, prepare the Collateral for sale, lease or other disposition, and sell or lease (or concur in selling or leasing) or otherwise dispose of the Collateral on such terms and conditions (including among other things by arrangement providing for deferred payment) as CIBC or the Receiver considers appropriate. CIBC or the Receiver may (without charge and to the exclusion of all other Persons including the Customer) enter upon any Place of Business.
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Dealings with the Collateral. The Agent or a Receiver may take ---------------------------- possession of all or any part of the Collateral and retain it for as long as the Agent or the Receiver considers appropriate, receive any rents and profits from the Collateral, carry on (or concur in carrying on) all or any part of the Guarantor's business or refrain from doing so, borrow on the security of the Collateral, repair the Collateral, process the Collateral, prepare the Collateral for sale, lease or other disposition, and sell or lease (or concur in selling or leasing) or otherwise dispose of the Collateral on such terms and conditions (including among other things by arrangement providing for deferred payment) as the Agent or the Receiver considers appropriate. The Agent or the Receiver may (without charge and to the exclusion of all other Persons including the Guarantor) enter upon any Place of Business.
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Dealings with the Collateral. The Lender or a Receiver may take possession of all or any part of the Collateral and retain it for as long as the Lender or the Receiver considers appropriate, receive any rents and profits from the Collateral, carry on (or concur in carrying on) all or any part of the Borrower’s business or refrain from doing so, borrow on the security of the Collateral, repair the Collateral, process the Collateral, prepare the Collateral for sale, lease or other disposition, and sell or lease (or concur in selling or leasing) or otherwise dispose of the Collateral on such terms and conditions (including among other things by arrangement providing for deferred payment) as the Lender or the Receiver considers appropriate. The Lender or the Receiver may (without charge and to the exclusion of all other Persons including the Borrower) enter upon any Place of Business;
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Dealings with the Collateral. (a) With respect to the Inventory and Accounts, until and unless the Security Interest becomes enforceable, the Borrower may sell its Inventory and collect its Accounts in the ordinary course of its business; provided that, after the Security Interest becomes enforceable, all Accounts collected by the Borrower shall be immediately remitted to the Lender. Until remitted, all Accounts received by the Borrower shall be held by the Borrower as agent and in trust for the Lender. (b) With respect to the Securities, until and unless the Security Interest becomes enforceable, the Borrower or any investment manager shall be entitled to exercise all voting rights attaching to any and all Securities, owned by the Borrower, and (subject to the terms of the relevant securities control agreement) to give consents, waivers or ratifica­tions in respect thereof, provided that no vote shall be cast or any consent, waiver or ratification given or any action taken which would violate, result in breach of any covenant contained in, or be inconsistent with, any of the terms of the Loan Agreement, this Agreement, any securities control agreement or any other document delivered thereunder or hereunder, or which would have the effect of impairing the value of the Collateral or any part thereof or the position or interests of the Lender therein. All such rights of the Borrower or any investment manager to vote and to give consents, waivers and ratifica­tions shall immediately cease (i) if the Security Interest becomes enforceable; or (ii) upon the delivery of a Notice of Exclusive Control, defined below, under the securities control agreement relating to such Securities.
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Dealings with the Collateral. FCC or a Receiver may take possession of all or any part of the Collateral and retain it for as long as FCC or the Receiver considers appropriate, receive any rents and profits from the Collateral, carry on (or concur in carrying on) all or any part of the Borrower’s or the Security Parties’ business or refrain from doing so, borrow on the security of the Collateral, repair the Collateral, process the Collateral, prepare the Collateral for sale, lease or other disposition, and sell or lease (or concur in selling or leasing) or otherwise dispose of the Collateral on such terms and conditions (including among other things by arrangement providing for deferred payment) as FCC or the Receiver considers appropriate. FCC or the Receiver may (without charge and to the exclusion of all other Persons including the Borrower and any Security Parties) enter upon any place of business of the Borrower or any Security Parties. Without limitation, FCC or Receiver may enter upon any such place of business for the purpose of exercising remedies in relation to the Collateral that is personal/movable property without taking control or possession of such place of business or being deemed to have done so.
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Dealings with the Collateral. Lender or a Receiver may take possession of all or any part of the Lands and Collateral and retain it for as long as Lender or the Receiver considers appropriate, receive any rents and profits from the Lands and Collateral, carry on (or concur in carrying on) all or any part of the Borrowers’ business or refrain from doing so, borrow on the security of the Collateral, repair the Lands and Collateral, process the Collateral, prepare the Lands and Collateral for sale, lease or other disposition, and sell or lease (or concur in selling or leasing) or otherwise dispose of the Lands and Collateral on such terms and conditions (including among other things by arrangement providing for deferred payment) as Lender or the Receiver considers appropriate. Lender or the Receiver may (without charge and the exclusion of all other Persons including the Borrowers) enter upon any place of business of the Borrowers. Without limitation Lender or Receiver may enter upon any such place of business for the purpose of exercising remedies in relation to the Collateral that is personal/movable property have done so.
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Related to Dealings with the Collateral

  • Trustee Dealings with the Company Subject to certain limitations set forth in the Indenture, the Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Company or its Affiliates and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee.

  • AFFILIATIONS WITH THE OBLIGOR If the obligor is an affiliate of the trustee, describe each affiliation: Based upon an examination of the books and records of the trustee and upon information furnished by the obligor, the obligor is not an affiliate of the trustee.

  • Relationships with the Company Except as set forth below, neither the undersigned nor any of its affiliates, officers, directors or principal equity holders (owners of 5% of more of the equity securities of the undersigned) has held any position or office or has had any other material relationship with the Company (or its predecessors or affiliates) during the past three years.

  • Agreements with Third Parties Each member of the VL Group is in compliance in all material respects with each and every one of its obligations under agreements with third parties to which it is a party or by which it is bound, the breach of which could reasonably be expected to result in a Material Adverse Change.

  • Trustee Dealings with the Issuer The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Issuer or its Affiliates and may otherwise deal with the Issuer or its Affiliates with the same rights it would have if it were not Trustee.