Common use of Limitations on Dispositions of Collateral Clause in Contracts

Limitations on Dispositions of Collateral. Without the prior written consent of the Administrative Agent, the Grantor will not sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, the Collateral, or attempt, offer or contract to do so, except with respect to licenses in the ordinary course of business or as permitted by this Agreement or the Loan Documents.

Appears in 7 contracts

Samples: Security Agreement (Global Decisions Group LLC), Patent and Trademark Security Agreement (Telex Communications Inc), Patent and Trademark Security Agreement (Ev International Inc)

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Limitations on Dispositions of Collateral. Without the prior written consent of the Administrative Agent, the Grantor will not sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, the Collateral, or attempt, offer or contract to do so, except with respect to exclusive licenses in the ordinary course of business or as permitted by this Agreement or the Loan Documents.

Appears in 4 contracts

Samples: Borrower Patent and Trademark Security Agreement (Raci Holding Inc), Subsidiary Security Agreement (Raci Holding Inc), Subsidiary Security Agreement (Raci Holding Inc)

Limitations on Dispositions of Collateral. Without the prior written consent of the Administrative Agent, the Grantor will not sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, the Collateral, or attempt, offer or contract to do so, except with respect to exclusive licenses in the ordinary course Ordinary Course of business Business or as permitted by this Agreement or the Loan Credit Documents.

Appears in 3 contracts

Samples: Patent and Trademark Security Agreement (Remington Arms Co Inc/), Subsidiary Security Agreement (Remington Arms Co Inc/), Subsidiary Security Agreement (Remington Arms Co Inc/)

Limitations on Dispositions of Collateral. Without the prior written consent of the Administrative Agent, the Grantor will shall not sell, transfer, assign, transferlease, exchange pledge, or otherwise encumber or otherwise dispose ofof any of its rights in or to the Collateral, or grant any option with respect to, xxxxx x Xxxx in the Collateral, or attempt, offer or contract to do so, so except with respect as expressly permitted pursuant to licenses in the ordinary course of business or as permitted by this Agreement or the Loan DocumentsCredit Agreement.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Medical Properties Trust Inc), And Collateral Agreement (Medical Properties Trust Inc)

Limitations on Dispositions of Collateral. Without the prior written consent of the Administrative Agent, the Grantor will not sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, the Collateral, if any, or attempt, offer or contract to do so, except with respect to licenses in the ordinary course of business or as permitted by this Agreement or the Loan DocumentsCredit Agreement.

Appears in 1 contract

Samples: Execution Version (Aps Holding Corporation)

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Limitations on Dispositions of Collateral. Without the prior ----------------------------------------- written consent of the Administrative Agent, the Grantor will not sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, the Collateral, or attempt, offer or contract to do so, except with respect to exclusive licenses in the ordinary course of business or as permitted by this Agreement or the Loan Documents.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Raci Holding Inc)

Limitations on Dispositions of Collateral. Without the prior written consent of the Administrative Agent, the Grantor Borrower will not sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, the Collateral, or attempt, offer or contract to do so, except with respect to exclusive licenses in the ordinary course of business or as permitted by this Agreement or the Loan Documents.

Appears in 1 contract

Samples: Borrower Security Agreement (Raci Holding Inc)

Limitations on Dispositions of Collateral. Without the prior written consent of the Administrative Agent, the Grantor will not sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, the Collateral, or attempt, offer or contract to do so, except with respect to licenses in the ordinary course of business or as permitted by this Agreement, the Subsidiaries' Security Agreement or the Loan DocumentsCredit Agreement.

Appears in 1 contract

Samples: Trademark Security Agreement (Aps Holding Corporation)

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