Common use of Removal of the Collateral Clause in Contracts

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of California, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 8 contracts

Samples: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Heritage Global Inc.), Security Agreement (Eaco Corp)

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Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaTexas, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 6 contracts

Samples: Security Agreement (Applied Optoelectronics, Inc.), Security Agreement (Applied Optoelectronics, Inc.), Security Agreement (Applied Optoelectronics, Inc.)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaNew Jersey, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 4 contracts

Samples: Commercial Security Agreement (Dynasil Corp of America), Commercial Security Agreement (Storage Engine Inc), Loan Agreement (Dewey Electronics Corp)

Removal of the Collateral. Except in the ordinary course of Grantor's ’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's ’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of California, without Lender's ’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 3 contracts

Samples: Security Agreement (Bona Film Group LTD), Business Loan Agreement (Broadway Financial Corp \De\), Business Loan Agreement (Niku Corp)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaUtah, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 3 contracts

Samples: Commercial Security Agreement (Dynatronics Corp), Commercial Security Agreement (Naco Industries Inc), Remote MDX Inc

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaFlorida, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Eaco Corp), Security Agreement (Eaco Corp)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of on inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaMississippi, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 2 contracts

Samples: Securlty Agreement (Hickok Inc), Securlty Agreement (Hickok Inc)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaMississippi, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 2 contracts

Samples: Commercial Security Agreement (Global Seafood Technologies Inc), Commercial Security Agreement (Global Seafood Technologies Inc)

Removal of the Collateral. Except in the ordinary course of Grantor's ’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's ’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaDelaware, without Lender's ’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 2 contracts

Samples: Commercial Security Agreement (Nanophase Technologies Corporation), Commercial Security Agreement (LiveXLive Media, Inc.)

Removal of the Collateral. Except in the ordinary course of Grantor's ’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's ’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaColorado, without Lender's ’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Rocky Mountain Chocolate Factory Inc), Security Agreement (Rocky Mountain Chocolate Factory Inc)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which that would require application for certificates of title for the vehicles outside the State of California, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Amphastar Pharmaceuticals, Inc.

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location 10catieiJ without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of California, without Lender's prior written consentconsxxx. Grantor Xrantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Security Agreement (I/Omagic Corp)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaColorado, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Rocky Mountain Chocolate Factory Inc)

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Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of California, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Commercial Security Agreement (Amphastar Pharmaceuticals, Inc.)

Removal of the Collateral. Except in the ordinary course of Grantor's ’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's ’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaNevada, without Lender's ’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Soluna Holdings, Inc)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaNorth Dakota, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Sterling Real Estate Trust)

Removal of the Collateral. Except in the ordinary course of GrantorXxxxxxx's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaColorado, without LenderXxxxxx's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Promissory Note (Ourpets Co)

Removal of the Collateral. Except in the ordinary course of Grantor's ’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's ’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of CaliforniaNew York, without Lender's ’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Commercial Security Agreement (Angiodynamics Inc)

Removal of the Collateral. Except in the ordinary course of Grantor's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location an Approved Location without Lender's Lenders' prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State state of Californiatheir registration, without Lender's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Loan Agreement (Female Health Co)

Removal of the Collateral. Except in the ordinary course of GrantorXxxxxxx's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of California, without LenderXxxxxx's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Versant Corp)

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