Common use of Dispositions Not Authorized Clause in Contracts

Dispositions Not Authorized. Except as provided for by the Credit --------------------------- Agreement, the Assignor is not authorized to sell or otherwise dispose of the Collateral and notwithstanding any course of dealing between the Assignor and the Agent or other conduct of the Agent, no authorization to sell or otherwise dispose of the Collateral in a manner prohibited by the Credit Agreement shall be binding upon the Agent or the Secured Creditors unless such authorization is in writing signed by the Agent with the consent of the Secured Creditors, as required by the Secured Debt Agreements.

Appears in 15 contracts

Samples: Patent Assignment (Impac Group Inc /De/), Patent Assignment (Impac Group Inc /De/), Patent Assignment (Impac Group Inc /De/)

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Dispositions Not Authorized. Except as provided for by the Credit --------------------------- Agreement, the Assignor is not authorized to sell or otherwise dispose of the Collateral and notwithstanding any course of dealing between the Assignor and the Agent or other conduct of the Agent, no authorization to sell or otherwise dispose of the Collateral in a manner prohibited by the Credit Agreement shall be binding upon the Agent or the Secured Creditors Lenders unless such authorization is in writing signed by the Agent with the consent of the Secured CreditorsRequired Lenders or all Lenders, as required by the Secured Debt AgreementsCredit Agreement.

Appears in 1 contract

Samples: Rawlings Sporting Goods Co Inc

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