Common use of Limitations on Dispositions of Collateral Clause in Contracts

Limitations on Dispositions of Collateral. The Grantor will not sell, transfer, lease, assign, grant any participation or interest in, or otherwise dispose of, any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the Grantor, or attempt, offer or contract to do so.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Emagin Corp), Pledge and Security Agreement (Emagin Corp), Pledge and Security Agreement (Emagin Corp)

AutoNDA by SimpleDocs

Limitations on Dispositions of Collateral. The Grantor will not sell, transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except for sales of Inventory and the collection and use of cash proceeds in the ordinary course of its business without express, written agreement by the Secured Parties.

Appears in 4 contracts

Samples: Security Agreement (Alliance Pharmaceutical Corp), Security Agreement (Photogen Technologies Inc), Security Agreement (Photogen Technologies Inc)

Limitations on Dispositions of Collateral. The Grantor will shall not sell, transfer, lease, assign, grant any participation or interest in, assign or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the Grantor, or attempt, offer or contract to do soso except for the collection and use of cash proceeds in the ordinary course of its business.

Appears in 2 contracts

Samples: Security Agreement (Onstream Media CORP), Security Agreement (Onstream Media CORP)

Limitations on Dispositions of Collateral. The Grantor will not sell, transfer, lease, assign, grant any participation lease or interest in, or otherwise dispose of, assign any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except for sales of Inventory and the collection and use of cash proceeds in the ordinary course of its business without express, written agreement by the Collateral Agent.

Appears in 2 contracts

Samples: General Collateral Security Agreement (Alliance Pharmaceutical Corp), Imagent Security Agreement (Alliance Pharmaceutical Corp)

Limitations on Dispositions of Collateral. The Grantor will not sell, transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except for dispositions of assets permitted by subsection 8.6 of the Credit Agreement.

Appears in 1 contract

Samples: Domestic Pledge Agreement (Lear Seating Corp)

Limitations on Dispositions of Collateral. The No Grantor will not sell, transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except for sales of Inventory in the ordinary course of its business or as otherwise permitted by the Loan Agreement.

Appears in 1 contract

Samples: Security Agreement (GMH Communities Trust)

Limitations on Dispositions of Collateral. The Grantor Grantors will not sell, transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except such as are in the ordinary course of Grantors' businesses.

Appears in 1 contract

Samples: Security Agreement (Plasti Line Inc /Tn/)

Limitations on Dispositions of Collateral. The Grantor will not sell, ----------------------------------------- transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except in accordance with the terms of the Indenture.

Appears in 1 contract

Samples: Pledge and Security Agreement (Continental Caribbean Containers Inc)

AutoNDA by SimpleDocs

Limitations on Dispositions of Collateral. The Each Grantor will not sell, transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except as permitted by the Indenture.

Appears in 1 contract

Samples: Security Agreement (Mentus Media Corp)

Limitations on Dispositions of Collateral. The Grantor will ----------------------------------------- not sell, transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do soso except for sales of Inventory and the collection and use of cash proceeds in the ordinary course of its business.

Appears in 1 contract

Samples: Security Agreement (Cephalon Inc)

Limitations on Dispositions of Collateral. The Such Grantor will shall not sell, transfer, lease, assign, grant any participation or interest in, lease or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do so.

Appears in 1 contract

Samples: Security and Guarantee Agreement (Aspirity Holdings LLC)

Limitations on Dispositions of Collateral. The Grantor will not sell, transfer, lease, assign, grant any participation or interest in, transfer or otherwise dispose of, of any of the Collateral to any Person, including, without limitation, any Subsidiary or Affiliate of the GrantorCollateral, or attempt, offer or contract to do so, in each case in a manner contrary to the provisions of this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Affordable Residential Communities Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.