Common use of Disposition of Collateral Clause in Contracts

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral.

Appears in 3 contracts

Samples: Security Agreement (Local Matters Inc.), Security Agreement (Local Matters Inc.), Security Agreement (Local Matters Inc.)

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Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so, other than in the ordinary course of Grantor’s business in exchange for reasonable compensation therefor.

Appears in 3 contracts

Samples: Security Agreement (Iron Bridge Mortgage Fund LLC), Security Agreement (Iron Bridge Mortgage Fund LLC), Security Agreement (Iron Bridge Mortgage Fund LLC)

Disposition of Collateral. The Grantor shall will not sell, lease, transfer lease or otherwise dispose of any the Collateral owned by it except for dispositions in the ordinary course of business consistent with past practice or as permitted under the CollateralPurchase Agreement.

Appears in 3 contracts

Samples: Pledge and Security Agreement (CareView Communications Inc), Pledge and Security Agreement (CareView Communications Inc), Pledge and Security Agreement (CareView Communications Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so.

Appears in 3 contracts

Samples: Intellectual Property Security Agreement (Avalon Pharmaceuticals Inc), Security Agreement (Salmedix Inc), Intellectual Property Security Agreement (Clinical Data Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, other than the granting of licenses in the ordinary course of business, although Grantor acknowledges and agrees that the proceeds thereof and its rights to proceeds thereof are Collateral.

Appears in 3 contracts

Samples: Security Agreement (Local Matters Inc.), Security Agreement (Local Matters Inc.), Security Agreement (Local Matters Inc.)

Disposition of Collateral. Grantor shall not sell, lease, assign, transfer or otherwise dispose of any of the Collateral, or contract to do so, except as permitted by the Letter Agreement.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (XCel Brands, Inc.), Intellectual Property Security Agreement (XCel Brands, Inc.)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt to contract to do so without the consent of the Secured Party, other than (a) the sale of Inventory, (b) the granting of nonexclusive Licenses and (c) the disposal of worn-out or obsolete Equipment, all in the ordinary course of Grantor's business.

Appears in 2 contracts

Samples: Security Agreement (Tripp Steven Francis), Security Agreement (Spatialight Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so, other than (a) the sale of Inventory, (b) the granting of non-exclusive Licenses, and (c) the disposal of worn-out or obsolete Equipment, all in the ordinary course of Grantor's business.

Appears in 2 contracts

Samples: Security Agreement (Virtgame Com Corp), Security Agreement (Winwin Gaming Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral., or attempt or contract to do so, other than (a) the sale of Inventory, (b) the granting of non-exclusive Licenses and (c) the disposal of worn-out or obsolete Equipment, all in the ordinary course of Grantor’s business. 6.2

Appears in 1 contract

Samples: Security Agreement (Burst Com Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so, other than (a) the sale of Inventory, (b) the granting of non- exclusive Licenses and (c) the disposal of worn-out or obsolete Equipment, all in the ordinary course of Grantor's business.

Appears in 1 contract

Samples: Security Agreement (Tier Technologies Inc)

Disposition of Collateral. The Grantor shall not sell, lease, transfer lease or otherwise dispose of, or discount or factor with or without recourse, any Collateral, except for sales of any items of Inventory in the Collateralordinary course of business and dispositions of Equipment that are immediately replaced with comparable replacement equipment.

Appears in 1 contract

Samples: Security Agreement (Universal Electronics Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so, other than (i) in the ordinary course of Grantor’s business, (ii) pursuant to the transactions contemplated by the Letter of Intent or (iii) in any such transaction in which the Note is paid in full.

Appears in 1 contract

Samples: Security Agreement (Global Epoint Inc)

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Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so, other than (a) the sale of Inventory, (b) the granting of non-exclusive Licenses, and (c) the disposal of worn-out or obsolete Equipment, all in the ordinary course of Grantor’s business.

Appears in 1 contract

Samples: Security Agreement (Mikohn Gaming Corp)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so, other than the sale or lease of Readers in the ordinary course of Grantor's business.

Appears in 1 contract

Samples: Security Agreement (Realmed Corp)

Disposition of Collateral. Grantor shall not sell, lease, transfer lease or otherwise dispose of dispose, discount or factor, with or without recourse, any of Collateral except as permitted by the CollateralFunding Agreement.

Appears in 1 contract

Samples: Security Agreement (Aceragen, Inc.)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so, other than the granting of non-exclusive Licenses in the ordinary course of Grantor's business.

Appears in 1 contract

Samples: Loan Agreement (Vaxgen Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the CollateralCollateral (each, a “Transfer”), or attempt or contract to do so, other than (a) the sale of Inventory in the ordinary course of business, (b) the granting of Licenses in the ordinary course of business and (c) the disposal of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Security Agreement (Biocept Inc)

Disposition of Collateral. Grantor shall not sell, lease, transfer or otherwise dispose of any of the Collateral.Collateral (each, a “Transfer”), or attempt or contract to do so,

Appears in 1 contract

Samples: Security Agreement (ZP Holdings Inc)

Disposition of Collateral. The Grantor shall not sell, transfer, lease, transfer assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except for dispositions otherwise permitted by the Credit Agreement.

Appears in 1 contract

Samples: Security and Pledge Agreement (Payless Cashways Inc)

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