Common use of Inventory Controls Clause in Contracts

Inventory Controls. Upon the occurrence and during the continuation of any Event of Default, the Collateral Agent or its agents may secure all entrances to those parts of the premises of the Debtor in which any Inventory is stored and keep such entrances locked or otherwise sealed or institute such other control measures with respect to the movement of Inventory as the Collateral Agent may deem necessary or prudent, subject to the rights of third parties under the Leases.

Appears in 3 contracts

Samples: Security Agreement, Security Agreement (Trex Co Inc), Security Agreement (Trex Co Inc)

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Inventory Controls. Upon the occurrence and during the continuation of any Event of Default, the Collateral Agent or its agents may secure all entrances to those parts of the premises of the Debtor in which any Inventory is stored and keep such entrances locked or otherwise sealed or institute such other control measures with respect to the movement of Inventory as the Collateral Agent may deem necessary or prudent, subject to the rights of third parties under the Leasesany Lease.

Appears in 2 contracts

Samples: Security Agreement, Ip Security Agreement (Trex Co Inc)

Inventory Controls. Upon the occurrence and during the continuation of any Event of Default, the Collateral Agent or its agents agent may secure all entrances to those parts of the premises of the Debtor in which any Inventory is stored and keep such entrances locked or otherwise sealed or institute such other control measures with respect to the movement of Inventory as the Collateral Agent may deem necessary or prudent, subject to the rights of third parties under the Leasesany Lease.

Appears in 1 contract

Samples: Security Agreement (Trex Co Inc)

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Inventory Controls. Upon the occurrence and during the continuation of any Event of Default, the Collateral Agent Agents or its their agents may secure all entrances to those parts of the premises of the Debtor in which any Inventory is stored and keep such entrances locked or otherwise sealed or institute such other control measures with respect to the movement of Inventory as the Collateral Agent Agents may deem necessary or prudent, subject to the rights of third parties under the Leasesany Lease.

Appears in 1 contract

Samples: Ip Security Agreement (Trex Co Inc)

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