Common use of Transfer of Collateral Clause in Contracts

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, unless the Borrower has complied with the requirements of Section 6.1.25 (Business Information).

Appears in 3 contracts

Samples: Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp)

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Transfer of Collateral. None Except to the extent permitted by and in compliance with the provisions of this Agreement, none of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, unless the Borrower has complied with the requirements of Section 6.1.25 (Business Information).

Appears in 2 contracts

Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the CollateralCollateral to a location not disclosed on the Collateral Disclosure List, unless except for "mobile goods" and vehicles being operated in the Borrower has complied with the requirements ordinary course of Section 6.1.25 (Business Information)business.

Appears in 2 contracts

Samples: Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Argan Inc)

Transfer of Collateral. None of the Borrowers Obligors nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, Collateral unless the Borrower has complied with the requirements of notice required by Section 6.1.25 6.1.24 (Business Information)Names; Locations) has been given and, if required, the Liens of the Lender have been perfected by filing in that location.

Appears in 2 contracts

Samples: Financing and Security Agreement (Optelecom-Nkf, Inc.), Financing and Security Agreement (Optelecom Inc)

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, unless except in accordance with Section 6.1.19 (Maintenance of the Borrower has complied with the requirements of Section 6.1.25 (Business InformationCollateral).

Appears in 1 contract

Samples: Financing and Security Agreement (Spacehab Inc \Wa\)

Transfer of Collateral. None of Neither the Borrowers Borrower nor any of their its Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, Collateral unless the Borrower notice required by Section 6.1.22 has complied with been given and the requirements Liens of Section 6.1.25 (Business Information)the Agent have been perfected by filing in that location.

Appears in 1 contract

Samples: Financing and Security Agreement (Reunion Industries Inc)

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, unless the Borrower has complied except in accordance with the requirements Section 6.1.23 of Section 6.1.25 (Business Information)this Agreement.

Appears in 1 contract

Samples: Financing and Security Agreement (Spacehab Inc \Wa\)

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Transfer of Collateral. None of Neither the Borrowers Borrower nor any of their its Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, Collateral unless the Borrower notice required by Section 6.1.20 has complied with been given and the requirements Liens of Section 6.1.25 (Business Information)the Lender have been perfected by filing in that location.

Appears in 1 contract

Samples: Financing and Security Agreement (Chatwins Group Inc)

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, unless the Borrower has complied Collateral until Borrowers or their Subsidiaries have provided Lender with the requirements of Section 6.1.25 thirty (Business Information)30) days’ prior written notice thereof.

Appears in 1 contract

Samples: Financing and Security Agreement (Rand Worldwide Inc)

Transfer of Collateral. None of the Borrowers and nor any of their the Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, unless the Borrower has complied with the requirements of Section 6.1.25 (Business Information).

Appears in 1 contract

Samples: Financing and Security Agreement (Flanders Corp)

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