Common use of Transfer or Encumbrance Clause in Contracts

Transfer or Encumbrance. Debtor will not sell, assign (by operation of law or otherwise), transfer, exchange or otherwise dispose of any of the Collateral, nor will Debtor gran▇ ▇ ▇▇▇▇ ▇▇▇n or execute, file or record any financing statement or other registration with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, other than Liens in favor of Secured Party or expressly permitted by the Credit Agreement.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange ) or otherwise dispose of transfer Debtor’s rights in any of the Collateral, nor will Debtor gran(ii) withdraw any cash from any deposit account included in Collateral, (iii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, authorize, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow Collateral to any such Lien, financing statementparty other than Lender, or other registration to exist or (iv) deliver actual or constructive possession of any certificate, instrument or document evidencing and/or representing any of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementLender.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange exchange, lease or otherwise dispose of any of the Collateral, nor will Debtor granor (ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementPermitted Encumbrances.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange exchange, lease or otherwise dispose of any of the Collateral, nor will Debtor gran▇ ▇ Collateral or (ii) grant a lien or se▇▇▇▇▇▇ ▇▇▇n ▇▇est in or execute, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by except with respect to the Credit AgreementPermitted Liens, except for (A) sales of inventory and equipment in the ordinary course of business.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange exchange, lease or otherwise dispose of any of the CollateralCollateral except in the ordinary course of business, nor will Debtor gran(ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or (iii) deliver actual or constructive possession of any of the Collateral to any other Person, party other than Liens Lender or a Servicing Agent who is acting in favor of Secured Party or expressly permitted its capacity as special limited agent for Debtor on such terms and conditions as are approved by the Credit AgreementLender.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange exchange, lease or otherwise dispose of any of the Collateral, nor will Debtor gran▇ ▇ ▇▇▇▇ ▇▇▇n (ii) grant a first priority lien or first priority security interest in or execute, authorize, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow Collateral to any such Lien, financing statementparty other than Secured Party, or other registration to exist or (iii) deliver actual or constructive possession of any of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementParty.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange ) or otherwise dispose of transfer Debtor’s rights in any of the CollateralCollateral (other than Excluded Property), nor will Debtor gran(ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n in or execute, authorize, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow Collateral to any such Lien, financing statementparty other than Secured Party, or other registration to exist or (iii) deliver actual or constructive possession of any certificate, instrument or document evidencing and/or representing any of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementParty.

Transfer or Encumbrance. Except in the ordinary course of the Debtor's business, Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange exchange, lease or otherwise dispose of any of the Collateral, nor will Debtor gran(ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, authorize, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow Collateral to any such Lien, financing statementparty other than Secured Party, or other registration to exist or (iii) deliver actual or constructive possession of any of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementParty.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange ) or otherwise dispose of transfer Debtor's rights in any of the Collateral, nor will Debtor gran(ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow Collateral to any such Lien, financing statementparty other than Secured Party, or other registration to exist or (iii) deliver actual or constructive possession of any certificate, instrument or document evidencing and/or representing any of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementParty.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange exchange, lease or otherwise dispose of any of the Collateral, nor will Debtor gran(ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow any such Lien, financing statementCollateral other than the Permitted Encumbrances, or other registration to exist or (iii) deliver actual or constructive possession of any of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementLender.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by ----------------------- operation of law or otherwise), transfer, exchange ) or otherwise dispose of transfer Debtor's rights in any of the Collateral, nor will Debtor gran(ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or execute, file or record security interest in the Collateral to any financing statement or Parties other registration with respect to the Collateral, nor will Debtor allow any such Lien, financing statementthan Secured Parties, or other registration to exist or (iii) deliver actual or constructive possession of any certificate, instrument or document evidencing and/or representing any of the Collateral to any other Person, Parties other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementParties.

Transfer or Encumbrance. Debtor will not sell, assign (by operation of law or otherwise), transfer, exchange or otherwise dispose of any of the Collateral, nor will Debtor grani) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or (ii) deliver actual or constructive possession of any of the Collateral to any other Person, Person other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementLender.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange ) or otherwise dispose of transfer Debtor’s rights in any of the Collateral, nor will Debtor gran(ii) ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇n or security interest in or execute, authorize, file or record any financing statement or other registration security instrument with respect to the Collateral, nor will Debtor allow Collateral to any such Lien, financing statementparty other than Secured Party, or other registration to exist or (iii) deliver actual or constructive possession of any certificate, instrument or document evidencing and/or representing any of the Collateral to any other Person, party other than Liens in favor of Secured Party or expressly permitted by the Credit AgreementParty.