Take Possession. Without breaching the peace, Investment Manager may enter upon the premises where any Goods, Equipment, Chattel Paper, monies, deposit accounts or rights to money are located and take immediate possession thereof, by summary proceedings or otherwise, and Investment Manager may remove any of such items, all without liability of Investment Manager to any Borrower for or by reason of such entry, taking of possession or removal in the absence of gross negligence or willful misconduct or violation of the Code.
Appears in 2 contracts
Sources: Security Agreement (MTM Technologies, Inc.), Security Agreement (Vertical Communications, Inc.)