Possession of the Collateral Clause Samples

Possession of the Collateral. Subject to the terms and conditions of this Indenture and the Collateral Documents, the Company and the Restricted Subsidiaries shall be entitled, unless an Event of Default has occurred and is continuing and the Collateral and Intercreditor Agent has given contrary instructions pursuant to the terms of the Collateral Documents, to receive all cash dividends, interest and other payments made upon or in respect of the Collateral, and to exercise any rights (including voting rights) in respect thereof and generally to remain in possession of and to retain exclusive control over the Collateral, to freely operate the Collateral, to replace machinery and equipment and to sell or otherwise dispose of Collateral, including cash constituting Collateral, to make any filings or submit any claims, to pay dividends, to make investments and loans and to collect, invest and dispose of any income in respect of any Collateral, in each case in the ordinary course of business.

Possession of the Collateral. Debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's possession to Lender immediately upon request, or if hereafter acquired, immediately following acquisition and such request, appropriately endorsed to Lender s order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.

Possession of the Collateral. The Corporation shall hold in its -------------------------------- possession in the State of California all the Pledged Stock and all other certificates, documents or instruments constituting Pledged Stock Collateral pledged, assigned to transferred hereunder except as form time to time any such certificate, document or instrument may be required for recordation or for the purchase of enforcing or realizing upon any right or value thereby represented; provided, however, that Borrower in his capacity as ▇▇ ▇▇▇▇cer of the Corporation or otherwise, shall have no ability to assign, release, transfer or otherwise deal with the Pledged Stock Collateral. The Corporation may, from time to time, in its sole discretion appoint one or more agents or trustees (which in no case shall be Borrower or any of his affiliates) to hold physical custody, for the account of the Corporation, of any or all such certificates, documents or instruments.

Possession of the Collateral. (a) Until the occurrence of an Event of Default, the Company or the relevant Note Guarantor may possess, manage, operate and enjoy, as applicable, the Collateral in accordance with the terms of this Indenture, the Notes, the Note Guarantees and the Security Documents. (b) Notwithstanding the foregoing, all amounts received by the Trustee as proceeds of any part of the Collateral (including Excess Proceeds in the case of an Asset Sale and Excess Loss Proceeds in the case of an Event of Loss) and all amounts of money, securities, letters of credit and other evidences of indebtedness deposited with or held by the Trustee in accordance with this Indenture and any Security Document shall be held by the Trustee as security for the Obligations of the Company and the Note Guarantors, under this Indenture, the Notes, the Note Guarantees and the Security Documents until applied in accordance with the terms of this Indenture.

Possession of the Collateral. Subject to the terms and conditions of this Indenture and the Collateral Trust Agreement, unless a Triggering Event or an Event of Default has occurred and is continuing, the Company shall be entitled to (a) direct the manner in which the Collateral Trustee receives all cash dividends and other payments made upon or in respect of the Collateral, and (b) exercise, through the Collateral Trustee pursuant to the Collateral Trust Agreement, any voting and other rights in respect thereof and generally to remain in possession of and to retain exclusive control over the Collateral, in each case in the ordinary course of business.

Possession of the Collateral. The Debtor acknowledges that the Secured Party or any Receiver appointed by it may take possession of the Collateral wherever it may be located and by any method permitted by law and the Debtor agrees upon request from the Secured Party or any such Receiver to assemble and deliver possession of the Collateral at such place or places as directed.

Possession of the Collateral. (a) Until the occurrence of an Event of Default, the Company or the relevant Restricted Subsidiary may possess, manage, operate and enjoy, as applicable, the Security Collateral in accordance with the terms of this Indenture, the Securities and the Security Documents. (b) Notwithstanding the foregoing, all amounts received by the Trustee as proceeds of any part of the Security Collateral (including Net Available Proceeds in the case of an Asset Disposition) and all amounts of money, securities, letters of credit and other evidences of indebtedness deposited with or held by the Trustee in accordance with this Indenture and any Security Document shall be held by the Trustee as security for the Obligations of the Company and the Subsidiary Guarantors, if any, under this Indenture, the Securities, any Guarantees and the Security Documents until applied in accordance with the terms of this Indenture.

Possession of the Collateral. Until the occurrence of a Collateral Event of Default, the Issuer shall, and shall cause each of the Grantor Subsidiaries to, possess, manage, operate and enjoy, as applicable, the Collateral in accordance with the terms hereof and of the Master Collateral and Intercreditor Agreement and the Collateral Documents.

Possession of the Collateral. 1. The collateral under this Contract shall be possessed and managed by the Mortgagor with due diligence. The Mortgagee is entitled to supervise and examine the possession and management of the collateral. 2. During the valid period of this Contract, the Mortgagor should not transfer, donate, sell, lease, re-security or dispose by other means of the collateral without the written approval by the Mortgagee. The proceeds from the transfer, donation, sale, lease, re-security or disposal by other means of the collateral with the written approval by the Mortgagee shall be used to settle the indebtedness under the Loan Contracts or be deposited in a third party designated by the Mortgagor and the Mortgagee. 3. In case of loss, damage or confiscation of the collateral, the Mortgagor shall take all necessary efforts to minimize the loss and inform the Mortgagee in writing immediately. The insurance compensation or other compensation received by the Mortgagor under such circumstance shall be used with priority to settle the indebtedness under the Loan Contracts. 4. In case of devaluation of the collateral, the Mortgagee is entitled to demand the Mortgagor to recover the value of the collateral or to provide other means of security. In case of failure of the Mortgagor to do so, the Mortgagee is entitled to declare the indebtedness under the Loan Contracts become mature immediately and demand the Debtor to perform its obligations or realize the security immediately.