Possession, Sale of Collateral, etc. Upon the occurrence and during the continuance of an Event of Default, the Administrative Agent may enter upon the premises of any Credit Party or wherever the Collateral may be, and take possession of the Collateral, and may demand and receive such possession from any Person who has possession thereof, and the Administrative Agent may take such measures as it deems necessary or proper for the care or protection thereof, including the right to remove all or any portion of the Collateral, and with or without taking such possession may sell or cause to be sold, whenever the Administrative Agent, shall decide, in one or more sales or parcels, at such prices as the Administrative Agent may deem appropriate, and for cash or on credit or for future delivery, without assumption of any credit risk, all or any portion of the Collateral, at any broker's board or at public or private sale, without demand of performance but with 10 days' written notice to the Credit Parties of the time and place of any such public sale or sales (which notice the Credit Parties hereby agree is reasonable) and with such other notices as may be required by Applicable Law and cannot be waived, and none of the Administrative Agent, the Canadian Agent, the Issuing Bank nor any of the Lenders shall have any liability should the proceeds resulting from a private sale be less than the proceeds realizable from a public sale, and the Administrative Agent, the Canadian Agent, the Issuing Bank, the Lenders or any other Person may be the purchaser of all or any portion of the Collateral so sold and thereafter hold the same absolutely, free (to the fullest extent permitted by Applicable Law) from any claim or right of whatever kind, including any equity of redemption, of any Credit Party, any such demand, notice, claim, right or equity being hereby expressly waived and released. At any sale or sales made pursuant to this Article 8, the Administrative Agent, the Canadian Agent, the Issuing Bank and the Lenders may bid for or purchase, free (to the fullest extent permitted by Applicable Law) from any claim or right of whatever kind, including any equity of redemption, of any Credit Party, any such demand, notice, claim, right or equity being hereby expressly waived and released, any part of or all of the Collateral offered for sale, and may make any payment on account thereof by using any claim for moneys then due and payable to the Administrative Agent, the Canadian Agent, the Issuing Bank and the Le...
Possession, Sale of Collateral, etc. Upon the occurrence of an Event of Default, Collateral Agent will have all the rights and remedies of a secured party under the Code, in addition to all other rights and remedies under applicable law, in equity and under the Notes and Indenture. In addition, Collateral Agent may take possession of the Collateral, wherever it is, and whether or not in Company's possession, and /or require Company to assemble the Collateral, in whole or in part, and deliver it to Collateral Agent at a place reasonably designated by Collateral Agent. Collateral Agent may also take such measures as it deems necessary or proper for the care or protection of the Collateral and, with or without taking such possession, may sell the Collateral in one or more sales or lots, at such prices and on such terms as Collateral Agent deems appropriate. Collateral Agent may be the purchaser of all or any portion of the Collateral and, in such event, thereafter will hold the same absolutely free from any claim or right of Company. In any action under this Security Agreement upon the occurrence of an Event of Default, Collateral Agent is entitled to the appointment of a receiver to take possession of all or any portion of the Collateral and to exercise such additional powers as the court shall confer.
Possession, Sale of Collateral, etc. Upon the occurrence and during the continuance of an Event of Default, the Agent may enter upon the premises of any Debtor or wherever the Collateral may be, and take possession of the Collateral (to the fullest extent permitted by Applicable Law), and may demand and receive such possession from any Person who has possession thereof (to the fullest extent permitted by Applicable Law), and the Agent may take such measures as it may deem necessary or proper for the care or protection thereof, including the right to remove all or any portion of the Collateral, and with or without taking such possession may sell or cause to be sold, whenever the Agent shall decide, in one or more sales or parcels, at such prices as the Agent may deem best, and for cash or on credit or for future delivery, without assumption of any credit risk, all or any portion of the Collateral, at any broker's board or at public or private sale, without demand of performance or notice of intention to sell or of time or place of sale (except 7 days' written notice to the Parent of the time and place
Possession, Sale of Collateral, etc. (a) Upon the occurrence and during the continuation of an Event of Default, the Trustee may sell or cause to be sold, whenever it shall decide, in one or more sales or parcels, at such prices as it may deem best, and for cash, on credit or for future delivery, without assumption of any credit risk, all or any portion of the Collateral, at any broker’s board or at public or private sale, without demand of performance or notice of intention to sell or of time or place of sale (except ten (10) days’ written notice to the Pledgor thereof of the time and place of such sale or 7
Possession, Sale of Collateral, etc. (a) Upon the occurrence of an Event of Default, and during the continuation of such Event of Default, to the extent permitted by applicable law, Secured Party may enter upon the premises of Grantor, or wherever the Collateral may be, and take possession of the Collateral, and may reasonably demand and receive such possession from any Person who has possession thereof, and Secured Party may take such measures as it may deem necessary or proper for the care or protection thereof, including, without limitation, the rights to remove all or any portion of the Collateral, and with or without taking such possession may sell or cause to be sold, whenever Secured Party shall decide, in one or more sales or parcels, at such prices as Secured Party may deem best, and for cash or on credit or for future delivery, without assumption of any credit risk, all or any portion of the Collateral, at any broker's board or at public or private sale, without demand of performance or notice of intention to sell or of time or place of sale (except 10 days' written notice to Grantor of the time and place of such sale or sales and such other notices as may be required by applicable law and cannot be waived), and any person or entity may be the purchaser of all or any portion of the Collateral so sold and thereafter hold the same absolutely, free from any claim or right of whatever kind, including any equity of redemption of Grantor, any such demand, notice, claim, right or equity being hereby expressly waived and released to the extent permitted by applicable law.
