possession and control

See: custody, trust
References in periodicals archive ?
The offer was prompted by a filing made with applicable Canadian securities regulatory authorities by the court appointed receiver (the "Receiver") of The Ravelston Corporation Limited ("Ravelston") and related entities pursuant to which the Receiver stated that it had obtained possession and control of the shares of Hollinger directly or indirectly held by Ravelston (the "Receiver Action").
In most cases, as in this case, the agreements were licenses, not leases, since they granted "exclusive privileges" and "use and occupancy", not exclusive possession and control of the property in the basement area.