Common use of Entry Upon Premises and Access to Information Clause in Contracts

Entry Upon Premises and Access to Information. If an Event of Default then exists, without notice, demand or legal process of any kind, Agent may take possession of any or all of the Collateral, wherever it might be found and for that purpose, Agent shall have the right, without breaching the peace, to enter upon the premises of any Borrower where the Collateral is located (or is believed to be located) without any obligation to pay rent to any Borrower, or any other place or places under the control of any Borrower where the Collateral is believed to be located and kept, and remove the Collateral therefrom to the premises of Agent or any agent of Agent, for such time as Agent may desire, in order to effectively collect or liquidate the Collateral, and/or Agent may require any Borrower to assemble the Collateral and make it available to Agent at a place or places to be designated by Agent. If an Event of Default then exists, Agent shall have the right to obtain access to any Borrower's data processing equipment, computer hardware and software relating to the Collateral and to use all of the foregoing and the information contained therein in any manner Agent deems appropriate which is related to the preservation or disposition of the Collateral or to the collection of the Obligations.

Entry Upon Premises and Access to Information. If an Event of Default then exists, without notice, demand or legal process of any kind, Agent Lender may take possession of any or all of the Collateral, wherever it might be found and for that purpose, Agent Lender shall have the right, without breaching the peace, to enter upon the premises of any the Borrower where the Collateral is located (or is believed to be located) without any obligation to pay rent to any the Borrower, or any other place or places under the control of any the Borrower where the Collateral is believed to be located and kept, and remove the Collateral therefrom to the premises of Agent Lender or any agent of AgentLender, for such time as Agent Lender may desire, in order to effectively collect or liquidate the Collateral, and/or Agent Lender may require any the Borrower to assemble the Collateral and make it available to Agent Lender at a place or places to be designated by AgentLender. If an Event of Default then exists, Agent Lender shall have the right to obtain access to any the Borrower's data processing equipment, computer hardware and software relating to the Collateral and to use all of the foregoing and the information contained therein in any manner Agent Lender deems appropriate which is related to the preservation or disposition of the Collateral or to the collection of the Obligations.