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<br /> <br /> <br />4.7.Collateral Use. Coin-Tainer must use the Collateral only for business purposes. <br />Coin-Tainer must not use or keep any Collateral for any unlawful purpose or in <br />violation of any federal, state or local law, statute or ordinance. <br /> <br /> <br />4.8.Maintenance of Collateral. Coin-Tainer must maintain all tangible Collateral in <br />good condition and repair. Coin-Tainer must not commit or permit damage to or <br />destruction of any of the Collateral. Coin-Tainer must give Secured Party prompt <br />written notice of any material loss of or damage to any tangible Collateral and of <br />any other happening or event that materially affects the existence, value or <br />amount of the Collateral. <br /> <br /> <br />4.9.Disposition of Collateral. Coin-Tainer must not sell or otherwise dispose of any <br />Collateral or any interest in any Collateral without the prior written consent of <br />Secured Party, except that until the occurrence of an Event of Default (as defined <br />in Section 5 below), Coin-Tainer may sell any inventory constituting Collateral in <br />the ordinary course of Coin-Tainer’s business. <br /> <br /> <br />4.10.Taxes, Assessments and Liens. Coin-Tainer must promptly pay all taxes and <br />other governmental charges levied or assessed upon or against any Collateral. <br /> <br /> <br />4.11.Records; Access. Coin-Tainer must keep accurate and complete records <br />pertaining to the Collateral and to Coin-Tainer’s business and financial condition <br />and will submit to Secured Party all reports regarding the Collateral and Coin- <br />Tainer’s business and financial condition as and when Secured Party may <br />reasonably request. During normal business hours, Coin-Tainer must permit <br />Secured Party and its representatives to examine or inspect any Collateral, <br />wherever located, and to examine, inspect and copy Coin-Tainer’s books and <br />records relating to the Collateral and Coin-Tainer’s business and financial <br />condition. <br /> <br /> <br />4.12.Insurance. Coin-Tainer must keep all tangible Collateral insured against risks of <br />fire (including so-called extended coverage), theft and other risks and in such <br />amounts as Secured Party may reasonably request, with any loss payable to <br />Secured Party to the extent of its interest. Coin-Tainer assigns to Secured Party <br />all money due or to become due with respect to, and all other rights of Coin- <br />Tainer with respect to, all insurance concerning the Collateral and Coin-Tainer <br />directs the issuer of any such insurance to pay all such money directly to Secured <br />Party. <br /> <br /> <br />4.13.Collection Costs. Coin-Tainer must reimburse Secured Party on demand for all <br />costs of collection of any of the Obligations and all other expenses incurred by <br />Secured Party in connection with the perfection, protection, defense or <br />enforcement of the Security Interest and this Agreement, including all reasonable <br />attorneys’ fees incurred by Secured Party whether or not any litigation or <br />bankruptcy or insolvency proceeding is commenced. <br />3 <br />454899v2 EL185-29 <br />