Common use of Power of Entry Clause in Contracts

Power of Entry. Each Grantor shall forthwith upon demand assemble and deliver to the Collateral Agent possession of all of the tangible Collateral at such place or places as may be reasonably selected by the Collateral Agent. The Collateral Agent may take such steps as it considers necessary or desirable to obtain possession of all or any part of the Collateral and, to that end, each Grantor agrees that the Collateral Agent, its servants or agents or Receiver (as hereinafter defined) may, at any time, during the day or night, enter upon lands and premises where the Collateral may be found for the purpose of taking possession of and/or removing the Collateral or any part thereof. In the event of the Collateral Agent taking possession of the Collateral, or any part thereof, the Collateral Agent shall have the right to maintain the same upon the premises on which the Collateral may then be situated.

Appears in 3 contracts

Samples: Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.), Intercreditor Agreement (Canada Goose Holdings Inc.)

AutoNDA by SimpleDocs

Power of Entry. Each Grantor shall forthwith upon demand assemble and deliver to the Collateral Agent possession of all of the tangible Collateral at such place or places as may be reasonably selected specified by the Collateral Agent. The Collateral Agent may take such steps as it considers necessary or desirable to obtain possession of all or any part of the Collateral and, to that end, each Grantor agrees that the Collateral Agent, its servants or agents or Receiver (as hereinafter defined) may, at any time, during the day or night, enter upon lands and premises where the Collateral may be found for the purpose of taking possession of and/or removing the Collateral or any part thereof. In the event of the Collateral Agent taking possession of the Collateral, or any part thereof, the Collateral Agent shall have the right to maintain the same upon the premises on which the Collateral may then be situatedsituate.

Appears in 2 contracts

Samples: Credit Agreement (Zale Corp), Security Agreement (Zale Corp)

AutoNDA by SimpleDocs

Power of Entry. Each The Grantor shall forthwith upon demand assemble and deliver to the Collateral Agent possession of all of the tangible Collateral at such place or places as may be reasonably selected specified by the Collateral Agent. The Collateral Agent may take such steps as it considers necessary or desirable to obtain possession of all or any part of the Collateral and, to that end, each the Grantor agrees that the Collateral Agent, its servants or agents or Receiver (as hereinafter defined) may, at any time, during the day or night, enter upon lands and premises where the Collateral may be found for the purpose of taking possession of and/or removing the Collateral or any part thereof. In the event of the Collateral Agent taking possession of the Collateral, or any part thereof, the Collateral Agent shall have the right to maintain the same upon the premises on which the Collateral may then be situatedsituate.

Appears in 1 contract

Samples: Security Agreement (Zale Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.