Common use of No Further Assignment Clause in Contracts

No Further Assignment. Grantor has not, and will not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except as provided in this Agreement. No Defaults. There are no defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements contained in the Collateral which are to be performed by Grantor, if any.

Appears in 6 contracts

Samples: Commercial Pledge and Security Agreement (Magnavision Corporation), Loan Agreement (Web Press Corp), Pledge and Security Agreement (Lifepoint Inc)

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No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except as provided in this Agreement. No Defaults. There are no defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements, if any, contained in the Collateral which are to be performed by Grantor, if any.

Appears in 4 contracts

Samples: Commercial Pledge Agreement (AeroGrow International, Inc.), Commercial Pledge Agreement (Pacifichealth Laboratories Inc), Intercreditor Agreement (Windsortech Inc)

No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except as provided in this Agreement. No DefaultsNO DEFAULTS. There are no defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements, if any, contained in the Collateral which are to be performed by Grantor, if any.

Appears in 2 contracts

Samples: Loan Agreement (Coast Financial Holdings Inc), Acknowledgement and Agreement (Genitope Corp)

No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except as provided in this Agreement. No Defaults. There are no defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements, if any contained in the Collateral which are to be performed by the Grantor, if any.

Appears in 1 contract

Samples: Commercial Pledge Agreement (CASI Pharmaceuticals, Inc.)

No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral collateral except as provided in this Agreement. No Defaults. There are no defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements, if any, contained in the Collateral collateral which are to be performed by Grantor, if any.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Wellington Hall LTD)

No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's ’s rights in the Collateral except as provided in this Agreement. No Defaults. There are no defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements, if any, contained in the Collateral which are to be performed by Grantor, if any.

Appears in 1 contract

Samples: Lodging Fund REIT III, Inc.

No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except as provided in this Agreement. No DefaultsNO DEFAULTS. There are no defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements. If any, contained in the Collateral which are to be performed by Grantor, if any.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Osborne Richard M Trust)

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No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's ’s rights in the Collateral except as provided in this Agreement. No Defaults. There are no defaults existing under the Collateral, and there are no offsets or off sole of counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements, if any, contained in the Collateral which are to be performed by Grantor, if any.

Appears in 1 contract

Samples: Business Loan Agreement (First Light Bancorp)

No Further Assignment. Grantor has not, and will not, sell, sell assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except as provided in this Agreement. No Defaults. There are no defaults existing under the Collateralcollateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements contained in the Collateral Collateral, which are to be performed by Grantor, if any.

Appears in 1 contract

Samples: Date of Agreement (Patterson Eddy L)

No Further Assignment. Grantor has not, and will shall not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except as provided in this Agreement. No DefaultsNO DEFAULTS. There are no to defaults existing under the Collateral, and there are no offsets or counterclaims to the same. Grantor will strictly and promptly perform each of the terms, conditions, covenants and agreements agreements, if any, contained in the Collateral which are to be performed by Grantor, if any.

Appears in 1 contract

Samples: Pledge Agreement (Safe Auto Group, Inc.)

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