Retention of Collateral. Upon notice to the Debtor and subject to any obligation to dispose of any of the Collateral, as provided in the PPSA, the Collateral Agent may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 6 contracts
Sources: General Security Agreement (Warnaco Group Inc /De/), General Security Agreement (Warnaco Group Inc /De/), General Security Agreement (Warnaco Group Inc /De/)
Retention of Collateral. Upon notice to the Debtor Grantors and subject to any obligation to dispose of any of the Collateral, as provided in the PPSA, the Collateral Agent may (and, at the request of the Required Lenders, shall) elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 3 contracts
Sources: Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.)
Retention of Collateral. Upon notice to the Debtor and subject to any obligation to dispose of any of the Collateral, as provided in under the PPSAPPSA or other applicable laws, the Collateral Agent may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of themObligations.
Appears in 2 contracts
Sources: General Security Agreement (Waverider Communications Inc), General Security Agreement (Waverider Communications Inc)
Retention of Collateral. Upon notice to the Debtor any Grantor and subject to any obligation to dispose of any of the Collateral, as provided in the PPSA, the Collateral Agent may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 2 contracts
Sources: Credit Agreement (Zale Corp), Credit Agreement (Zale Corp)
Retention of Collateral. Upon notice to the Debtor and subject to any obligation to dispose of any of the Collateral, as provided in the PPSAPPSA or other applicable law, the Collateral Agent and the other Secured Parties may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 1 contract
Sources: Credit Agreement (Gsi Group Inc)
Retention of Collateral. Upon notice to the Debtor Borrower and subject to any obligation to dispose of any of the Collateral, as provided in the PPSAPPSA and subject to any applicable law, during a Default Period, the Collateral Agent Lender may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 1 contract
Sources: General Security Agreement (Physicians Formula Holdings, Inc.)
Retention of Collateral. Upon notice to the Debtor and subject to any obligation to dispose of any of the Collateral, as provided in the PPSA, the Collateral Agent may may, to the extent permitted by Applicable Law, elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 1 contract
Retention of Collateral. Upon notice to the Debtor Grantor and subject to any obligation to dispose of any of the Collateral, as provided in the PPSA, the Collateral Agent may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 1 contract
Sources: Security Agreement (Zale Corp)
Retention of Collateral. Upon notice to the Debtor and subject to any obligation to dispose of any of the Collateral, as provided in the PPSA, the Collateral Agent Trustee may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations or any of them.
Appears in 1 contract
Sources: Security Agreement
Retention of Collateral. Upon notice to the Debtor and subject to any obligation to dispose of any of the Collateral, as provided in the PPSA, the Collateral Agent may elect to retain all or any part of the Collateral in satisfaction of the Secured Obligations all or any of themthe Obligations.
Appears in 1 contract
Sources: General Security Agreement (Nexeo Solutions Finance Corp)