Common use of No Restriction on Payments to Agent Clause in Contracts

No Restriction on Payments to Agent. Enter into any Contract that restricts or prohibits the grant of a security interest in Accounts, Chattel Paper, Instruments, payment intangibles or other Collateral or the proceeds of any of the foregoing to Agent.

Appears in 2 contracts

Samples: And Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Tropical Sportswear International Corp)

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No Restriction on Payments to Agent. Enter into any Contract that restricts or prohibits the grant of a security interest in Inventory, Accounts, Chattel Paper, Instruments, payment intangibles or any of the other Collateral or the proceeds of any of the foregoing to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Loehmanns Holdings Inc)

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No Restriction on Payments to Agent. Enter No Obligor shall enter into any Contract that restricts or prohibits the grant to Agent of a security interest in Accounts, Chattel Paper, Instruments, payment intangibles Instruments or other Collateral Payment Intangibles or the proceeds of any of the foregoing to Agentforegoing.

Appears in 1 contract

Samples: Amended and Restated Security Agreement (Applica Inc)

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