Common use of Restrictions on Future Agreements Clause in Contracts

Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in full, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark or enter into any other agreement with respect to any Trademark which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.

Appears in 2 contracts

Samples: Trademark Security Agreement (Medical Technology Systems Inc /De/), Trademark Security Agreement (Medical Technology Systems Inc /De/)

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Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in fullfull and all of the Financing Agreements shall have been terminated, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark or enter into any other agreement with respect to any Trademark which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.

Appears in 2 contracts

Samples: Trademark Security Agreement (Medical Technology Systems Inc /De/), Trademark Security Agreement (Medical Technology Systems Inc /De/)

Restrictions on Future Agreements. Grantor agrees that, that until the Liabilities shall have been paid and satisfied in full, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.

Appears in 2 contracts

Samples: Patent Security Agreement (Medical Technology Systems Inc /De/), Patent Security Agreement (Medical Technology Systems Inc /De/)

Restrictions on Future Agreements. Grantor agrees that, that until the Liabilities shall have been paid and satisfied in fullfull and the Financing Agreements shall have been terminated, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.

Appears in 2 contracts

Samples: Patent Security Agreement (Medical Technology Systems Inc /De/), Patent Security Agreement (Medical Technology Systems Inc /De/)

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Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in full, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.

Appears in 1 contract

Samples: Patent Security Agreement (Medical Technology Systems Inc /De/)

Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in fullfull and the Financing Agreements shall have been terminated, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.

Appears in 1 contract

Samples: Patent Security Agreement (Medical Technology Systems Inc /De/)

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