Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of Business.
Appears in 4 contracts
Samples: Security Agreement (Aventine Renewable Energy Holdings Inc), Security Agreement (Aventine Renewable Energy Holdings Inc), Credit and Security Agreement (Akrion, Inc.)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of Businessotherwise.
Appears in 3 contracts
Samples: Security Agreement (ARKO Corp.), Security Agreement (GPM Petroleum LP), Security Agreement (GPM Petroleum LP)
Disposition of Collateral. Each Borrower will safeguard and protect all --------------------------- Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except (i) the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness, and (ii) the transfer and/or sale of Receivables to Factor.
Appears in 2 contracts
Samples: Security Agreement (Delta Mills Inc), Security Agreement (Delta Woodside Industries Inc /Sc/)
Disposition of Collateral. Each Borrower and each of its Subsidiaries will safeguard and protect all Collateral for Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except (a) the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness or (b) as provided for under Section 7.1(b) hereof.
Appears in 2 contracts
Samples: Credit and Security Agreement (Pc Connection Inc), Credit and Security Agreement (Pc Connection Inc)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of BusinessPermitted Dispositions.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (SMTC Corp), Security Agreement (SMTC Corp)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral granted by such Borrower for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness.
Appears in 2 contracts
Samples: Security Agreement (Radnor Holdings Corp), Credit and Security Agreement (Radnor Holdings Corp)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s general account and make no disposition thereof of all or any part thereof, whether by sale, lease lease, participation or otherwise except the sale of Inventory in the Ordinary Course of Businessotherwise.
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Disposition of Collateral. Each Borrower Borrowers will safeguard and protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness.
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Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of BusinessBusiness or the disposition of equipment as permitted under Section 7.1 of this Agreement.
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Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for in order to, among other things, protect the Agent’s general account interest therein, and no Borrower shall make no any disposition thereof whether by sale, lease or otherwise except (a) the sale of Inventory in the Ordinary Course ordinary course of Business.business; (b) sale/leaseback transactions relating to which the property that is
Appears in 1 contract
Samples: Security Agreement (Maxum Petroleum Holdings, Inc.)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of Businessas otherwise permitted under this Agreement.
Appears in 1 contract
Disposition of Collateral. Each Borrower will safeguard and ------------------------- protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness.
Appears in 1 contract
Samples: Lender Assignment Agreement (Tarrant Apparel Group)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s 's and Lenders' general account and make no disposition thereof whether by sale, lease or otherwise except (a) the sale or lease of Inventory in the Ordinary Course ordinary course of Businessbusiness and (b) the disposition or transfer of obsolete or worn-out Equipment in the ordinary course of business.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (General Datacomm Industries Inc)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except (a) the sale of Inventory in the Ordinary Course of Business and (b) the disposition or transfer of obsolete and worn-out Equipment in the Ordinary Course of Business.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Zanett Inc)
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of Business.
Appears in 1 contract
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral granted by such Borrower for Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness.
Appears in 1 contract
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except (i) the sale and lease of Inventory in the Ordinary Course ordinary course of Businessbusiness, and (ii) other dispositions of Collateral which do not exceed $1,000,000 in any fiscal year of the Borrowers.
Appears in 1 contract
Disposition of Collateral. Each The Borrower will safeguard and protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of Businessas otherwise permitted under this Agreement.
Appears in 1 contract
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Administrative Agent’s general account and make no disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course of BusinessPermitted Dispositions.
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Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s 's general account and make no material disposition thereof whether by sale, lease or otherwise except the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness and dispositions permitted by Section 7.1.
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Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except (a) the sale of Inventory in the Ordinary Course ordinary course of Businessbusiness, (b) the transfer and/or sale of Receivables to Factor, and (c) dispositions permitted under this Agreement.
Appears in 1 contract
Disposition of Collateral. Each Borrower will safeguard and protect all Collateral for Agent’s 's general account and make no disposition thereof whether by sale, lease or otherwise except (i) the sale and lease of Inventory in the Ordinary Course ordinary course of Businessbusiness, and (ii) other dispositions of Collateral which are permitted under Section 7.1(b).
Appears in 1 contract
