Common use of Transfers and Other Liens; Additional Investments Clause in Contracts

Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Restated Lease Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such Collateral.

Appears in 5 contracts

Samples: Security Agreement (Savvis Communications Corp), Security Agreement (Savvis Communications Corp), Security Agreement (Savvis Communications Corp)

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Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Restated Lease Loan Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such Collateralhereby.

Appears in 5 contracts

Samples: Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc)

Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Restated Lease Credit Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such Collateralhereby.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Net2000 Communications Inc), Pledge and Security Agreement (Nettel Communications Inc), Pledge Agreement (State Communications Inc)

Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Restated Lease Credit Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such CollateralLiens.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Savvis Communications Corp), Pledge Agreement (Savvis Communications Corp), Pledge Agreement (Savvis Communications Corp)

Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Restated Lease Purchase Agreement, the Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral Collateral, except for the sales of inventory in the ordinary course of its business, or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such Collateralhereby.

Appears in 1 contract

Samples: Security Agreement (Prosofttraining Com)

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Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Restated Lease Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such CollateralEncumbrances.

Appears in 1 contract

Samples: Pledge Agreement (Savvis Communications Corp)

Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Restated Lease Purchase Agreement, the Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral Collateral, except for the sales of inventory in the ordinary course of its business, or create or permit to exist any Lien upon or with respect to any of the Collateral except for Permitted Liens and the Liens created hereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such Collateralhereby.

Appears in 1 contract

Samples: Security Agreement (ProsoftTraining)

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