Common use of Encumbrances Clause in Contracts

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do so.

Appears in 14 contracts

Samples: Loan and Security Agreement (Streamline Health Solutions Inc.), Loan and Security Agreement (iSpecimen Inc.), Loan and Security Agreement (SharpSpring, Inc.)

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Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property CollateralProperty), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property CollateralProperty), or permit any Subsidiary to do so.

Appears in 8 contracts

Samples: Loan and Security Agreement (908 Devices Inc.), Loan and Security Agreement (908 Devices Inc.), Loan and Security Agreement (Fennec Pharmaceuticals Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its their Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank Lender not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so, except for Permitted Liens.

Appears in 4 contracts

Samples: Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (property, including without limitation, its Intellectual Property Collateral)intellectual property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 4 contracts

Samples: Loan and Security Agreement (Nexsan Corp), Loan and Security Agreement (Genaissance Pharmaceuticals Inc), Loan and Security Agreement (Silicon Image Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (property, including without limitation, its Intellectual Property Collateral)intellectual property, or permit any Subsidiary to do so.

Appears in 3 contracts

Samples: Loan and Security Agreement (Vertro, Inc.), Loan and Security Agreement (Miva, Inc.), Loan and Security Agreement (Vertro, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree enter into any agreement with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 3 contracts

Samples: Loan and Security Agreement (Backblaze, Inc.), Loan and Security Agreement (Backblaze, Inc.), Loan and Security Agreement (Backblaze, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property CollateralProperty), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property CollateralProperty), or permit any Subsidiary to do so, except for Permitted Liens.

Appears in 2 contracts

Samples: Loan and Security Agreement (Everbridge, Inc.), Loan and Security Agreement (Everbridge, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), Property) or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, in each case, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property CollateralProperty), or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cytosorbents Corp), Loan and Security Agreement (Cytosorbents Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (property, including without limitation, its Intellectual Property Collateral)intellectual property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (property, including without limitation, its Intellectual Property Collateral)intellectual property, or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tripath Technology Inc), Loan and Security Agreement (Crystal Decisions Inc)

Encumbrances. Create, incur, assume or suffer to exist any ------------ Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank Creditor not to grant a security interest in, or otherwise encumber, encumber any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so, except for Permitted Liens.

Appears in 2 contracts

Samples: Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Iprint Technologies Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accountsaccounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank or any creditor as permitted under this Agreement, not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so, except for Permitted Liens.

Appears in 2 contracts

Samples: Loan Agreement (Safeguard Scientifics Inc), Loan Agreement (Clarient, Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens. Other than in the PAMCO Agreement, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Loan and Security Agreement (Traffic.com, Inc.), Loan and Security Agreement (Traffic.com, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of sell any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Loan and Security Agreement (Sonic Solutions/Ca/), Security Agreement (Sonic Solutions/Ca/)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree enter into any agreement with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitationproperty, its Intellectual Property Collateral)other than in connection with Permitted Liens, or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Loan and Security Agreement (Five9, Inc.), Loan and Security Agreement (Five9, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property CollateralProperty), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except in each case for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property CollateralProperty), or permit any Subsidiary to do so, in each case other than Permitted Restrictions.

Appears in 2 contracts

Samples: Loan and Security Agreement (Silk Road Medical Inc), Loan and Security Agreement (Silk Road Medical Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank Administrative Agent not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tabula Rasa HealthCare, Inc.), Loan and Security Agreement (Tabula Rasa HealthCare, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree enter into any agreement with any Person (other than Bank or Horizon Technology Finance Corporation) not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Catasys, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Ditech Communications Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank Agent not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property CollateralCollateral or real property), or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Ammo, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with any Person other than Bank not to ; provided Borrower may grant a security interest inin its intellectual property in transactions entered into in good faith and for reasonably equivalent value, other than in a substantial portion of such intellectual property granted in one or otherwise encumber, any more transactions or series of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do sorelated transaction.

Appears in 1 contract

Samples: Loan and Security Agreement (At Home Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with ------------ respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with any Person (a) in the case of assets other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral, Permitted Liens and (b) in the case of Intellectual Property Collateral, liens described in clauses (a), or permit any Subsidiary to do so(b), and (d) of the definition of Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Liquid Audio Inc)

Encumbrances. Create, incur, assume or suffer to ------------ exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank Creditor not to grant a security interest in, or otherwise encumber, encumber any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Iprint Technologies Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accountsaccounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so, except for Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Chromavision Medical Systems Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (properties or other assets, including without limitationlimitation any of Borrower’s patents, its Intellectual Property Collateral)patent applications, trademarks, service marks, trade names, copyrights, trade secrets, know-how, show-how, and any other intellectual property rights or proprietary information, and any licenses or rights held by Borrower to use any such rights of any third parties, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree enter into any agreement with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Northern Star Acquisition Corp.)

Encumbrances. Create, incur, assume or suffer to exist any Lien ------------ with respect to any of its property (property, including without limitation, its Intellectual Property Collateral)intellectual property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Egain Communications Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property CollateralProperty), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumberencumber (except with respect to Permitted Liens), any of its property (including without limitation, its Intellectual Property CollateralProperty), or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Viveve Medical, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree enter into any agreement with any Person other than Bank Lender not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so; provided that Borrower may grant purchase money security interests on equipment purchased or lased in the ordinary course of its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Vuzix Corp)

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Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with permit any Person other than Bank Collateral not to grant a be subject to the first priority security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do sogranted herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Force10 Networks Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank Agent not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (ThredUp Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property Collateral (including without limitation, its Intellectual Property CollateralProperty), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property CollateralProperty), or permit any Subsidiary to do so, except as otherwise permitted in Section 7.1 and the definition of “Permitted Liens” herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Codexis Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, ; including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for far Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Quovadx Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), or assign or otherwise convey transfer any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Spark Networks Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree enter into any agreement with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do so, except pursuant to the 2020 Secured Convertible Note Documents.

Appears in 1 contract

Samples: Eighth Loan and Security Modification Agreement (Northern Star Acquisition Corp.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens. Except for agreements evidencing or relating to Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Bladelogic Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property CollateralProperty), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank Lender not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)Property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Qumu Corp)

Encumbrances. Create, incur, assume assume, or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, Liens or agree with any Person other than Bank Roran not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Convertible Loan Agreement (Waterside Capital Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)Property, or permit any Subsidiary to do so.. 7.6

Appears in 1 contract

Samples: Loan and Security Agreement (Scientific Learning Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property CollateralProperty), or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property CollateralProperty), or permit any Subsidiary to do so, except for Permitted Liens and customary anti-assignment provisions.

Appears in 1 contract

Samples: Loan and Security Agreement (BioNano Genomics, Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree . Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do soso (other than in connection with Permitted Liens).

Appears in 1 contract

Samples: Loan and Security Agreement (Tippingpoint Technologies Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property property, (including without limitation, its Intellectual Property Collateral), Property) or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property property, (including without limitation, its Intellectual Property Collateral), Property) or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Quantum Fuel Systems Technologies Worldwide, Inc.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (property, including without limitation, its Intellectual Property Collateral)intellectual property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens. Except as disclosed on the Schedule, or agree Agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do so.

Appears in 1 contract

Samples: Loan and Security Agreement (Reliant Technologies Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any AccountsAccounts (other than in connection with a Permitted Transfer), or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree enter into any agreement with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral)property, or permit any Subsidiary to do soso other than restrictions in agreements related to Permitted Liens that may prohibit additional Liens on the assets subject to such Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Lime Energy Co.)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do sodo, except for Permitted Liens, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any without the prior written consent of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do sothe Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Hybridon Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property (including without limitation, its Intellectual Property Collateral)other than Permitted Liens, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, income except for Permitted Lienscertain compensation arrangements Borrower may have with employees, which Borrower, if necessary or requested by Bank, agrees to pay and satisfy with assets other than those securing the Obligations, or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property (including without limitation, its Intellectual Property Collateral), or permit any Subsidiary to do soproperty.

Appears in 1 contract

Samples: Loan and Security Agreement (CNL Strategic Capital, LLC)

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