Common use of Transfer, Sale or Security Interest Clause in Contracts

Transfer, Sale or Security Interest. Except as expressly authorized under Section 4.1 hereof (subject to the limits therein), not sell, lease, transfer, consume, assign or otherwise dispose of, or create or permit to exist any lien on or security interest (other than the Bank's security interest) in, any Collateral.

Appears in 4 contracts

Samples: Security Agreement Borrower (Datron Systems Inc/De), Credit Agreement (Medgenesis Inc), Security Agreement Guarantor (Datron Systems Inc/De)

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Transfer, Sale or Security Interest. Except as expressly authorized under Section 4.1 hereof (subject to the limits therein), not sell, lease, transfer, consume, assign or otherwise dispose of, or create or permit to exist any lien on or security interest (other than the BankAgent's security interest) in, any Collateral.

Appears in 1 contract

Samples: Security Agreement (Chronimed Inc)

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