Rights To Take Possession, Operate and Apply Revenues. (a) If an Event of Default shall occur and be continuing, Grantor shall, upon demand of Beneficiary, forthwith surrender to Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited by applicable law, Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property without the appointment of a receiver or an application therefor, exclude Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of Grantor.
Appears in 3 contracts
Samples: Credit Agreement (Intersil Holding Co), Credit Agreement (Fairchild Semiconductor International Inc), Filing and Security Agreement (Dirsamex Sa De Cv)
Rights To Take Possession, Operate and Apply Revenues. (a) If an Event of Default shall occur and be continuing, Grantor shall, upon demand of Beneficiary, forthwith surrender to Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited by applicable law, Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property without the appointment of a receiver or an application therefor, and exclude Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of Grantor.
Appears in 1 contract
Samples: Rite Aid Corp
Rights To Take Possession, Operate and Apply Revenues. (a) If an Event of Default shall occur and be continuing, Grantor shall, upon demand of Beneficiary, forthwith surrender to Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited permitted by applicable law, Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property without the appointment of a receiver or an application therefor, exclude Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of Grantor.
Appears in 1 contract
Samples: Donjoy LLC
Rights To Take Possession, Operate and Apply Revenues. (a) ----------------------------------------------------- If an Event of Default shall occur and be continuing, Grantor shall, upon demand of Beneficiary, forthwith surrender to Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited by applicable law, Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property without the appointment of a receiver or an application therefor, exclude Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of Grantor.
Appears in 1 contract
Samples: Credit Agreement (Jafra Cosmetics International Sa De Cv)
Rights To Take Possession, Operate and Apply Revenues. (a) ------------------------------------------------------ If an Event of Default shall occur and be continuing, Grantor shall, upon demand of Beneficiary, forthwith surrender to Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited by applicable law, Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property without the appointment of a receiver or an application therefor, exclude Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of Grantor.
Appears in 1 contract
Samples: Filing and Security Agreement (Jafra Cosmetics International Sa De Cv)
Rights To Take Possession, Operate and Apply Revenues. (a) If To the extent permitted by applicable law, if an Event of Default shall occur and be continuing, Grantor shall, upon demand of Beneficiary, forthwith surrender to Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited permitted by applicable law, Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property without the appointment of a receiver or an application therefor, exclude Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of Grantor.
Appears in 1 contract
Samples: Hudson Respiratory Care Inc
Rights To Take Possession, Operate and Apply Revenues. (a) If an Event of Default shall occur and be continuing, Grantor shall, upon written demand of Beneficiary, forthwith surrender to Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited by applicable law, Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property without the appointment of a receiver or an application therefor, and exclude Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of Grantor.
Appears in 1 contract
Samples: Rite Aid Corp
Rights To Take Possession, Operate and Apply Revenues. (a) If an Event of Default shall occur and be continuing, the Grantor shall, upon demand of the Beneficiary, forthwith surrender to the Beneficiary actual possession of the Trust Property and, if and to the extent not prohibited permitted by applicable law, the Beneficiary itself, or by such officers or agents as it may appoint, may then enter and take possession of all the Trust Property with or without the appointment of a receiver or an application therefor, exclude the Grantor and its agents and employees wholly therefrom, and have access to the books, papers and accounts of the Grantor.
Appears in 1 contract
Samples: Credit Agreement (Us Oncology Inc)