Common use of Dispositions Clause in Contracts

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 43 contracts

Samples: Loan and Security Agreement (Corillian Corp), Loan and Security Agreement (Brio Technology Inc), Loan and Security Agreement (Inventa Technologies Inc)

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Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, ”) all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements except for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 33 contracts

Samples: Loan and Security Agreement (Alto Neuroscience, Inc.), Loan and Guaranty Agreement (Tonix Pharmaceuticals Holding Corp.), Loan and Security Agreement (Alto Neuroscience, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.except for:

Appears in 31 contracts

Samples: Loan and Guaranty Agreement (Safeguard Scientifics Inc), Loan and Guaranty Agreement (Safeguard Scientifics Inc), Loan and Security Agreement (Radisys Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete EquipmentEquipment which was not financed by Bank.

Appears in 30 contracts

Samples: Loan and Security Agreement (Backblaze, Inc.), Loan and Security Agreement (Backblaze, Inc.), Loan and Security Agreement (Backblaze, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; and (c) in connection with Permitted Liens and Permitted Investments.

Appears in 21 contracts

Samples: Loan and Security Agreement (Force10 Networks Inc), Loan and Security Agreement (Sciclone Pharmaceuticals Inc), Loan and Security Agreement (Force10 Networks Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-worn out or obsolete Equipment; and (c) in connection with Permitted Liens, Permitted Investments and Permitted Licenses.

Appears in 21 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Organovo Holdings, Inc.), Loan and Security Agreement (LogicBio Therapeutics, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of businessSubsidiaries; or (iii) Transfers of worn-out or obsolete Equipment.

Appears in 19 contracts

Samples: Loan and Security Agreement (Versatility Inc), Loan and Security Agreement (Integrated Sensor Solutions Inc), Loan and Security Agreement (Yieldup International Corp)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 13 contracts

Samples: Loan and Security Agreement (Yodle Inc), Loan and Security Agreement (FireEye, Inc.), Loan and Security Agreement (FireEye, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 12 contracts

Samples: Loan and Security Agreement (Genzyme Transgenics Corp), Loan Modification Agreement (Athenahealth Inc), Loan and Security Agreement (Egenera, Inc.)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.except for:

Appears in 12 contracts

Samples: Loan and Security Agreement (Aviat Networks, Inc.), Loan and Security Agreement (Solazyme Inc), Security Agreement (Mindspeed Technologies, Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipmentequipment.

Appears in 11 contracts

Samples: Loan and Security Agreement (Cimetrix Inc), Loan and Security Agreement (Global Telecom & Technology, Inc.), Silicon Valley Bank Loan and Security Agreement (Versant Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 11 contracts

Samples: Loan and Security Agreement (Divx Inc), Loan and Security Agreement (Optika Inc), Loan and Security Agreement (Digitalthink Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; and (c) in connection with Permitted Liens and Permitted Investments.

Appears in 11 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Encision Inc), Loan Agreement (Net Element International, Inc.)

Dispositions. Convey, sell, lease, license, transfer or otherwise dispose of (collectively "collectively, to “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 10 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Somaxon Pharmaceuticals, Inc.), Loan and Security Agreement (Masergy Communications Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 10 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Axcelis Technologies Inc), Loan and Security Agreement (Crossroads Systems Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; and (c) in connection with Permitted Liens and Permitted Investments.

Appears in 10 contracts

Samples: Loan and Security Agreement (GigPeak, Inc.), Loan and Security Agreement (Mobivity Holdings Corp.), Loan and Security Agreement (Zoom Telephonics, Inc.)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.except for:

Appears in 9 contracts

Samples: Loan and Security Agreement (Enernoc Inc), Loan and Security Agreement (Enernoc Inc), Loan Modification Agreement (Enernoc Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of businessSubsidiaries; or (iii) Transfers of surplus, worn-out or obsolete Equipment.

Appears in 8 contracts

Samples: Loan and Security Agreement (Seebeyond Technology Corp), Loan and Security Agreement (Viewlocity Inc), Loan and Security Agreement (Bsquare Corp /Wa)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 8 contracts

Samples: Loan and Security Agreement (Smart Move, Inc.), Loan and Security Agreement (Transoma Medical Inc), Loan and Security Agreement (Zars Inc/Ut)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 8 contracts

Samples: Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose ------------ of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of businessSubsidiaries; or (iii) Transfers of worn-out or obsolete Equipment.

Appears in 6 contracts

Samples: Loan and Security Agreement (Corsair Communications Inc), Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Jetfax Inc)

Dispositions. Convey, sell, lease, license, transfer or otherwise dispose of (collectively collectively, to "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 6 contracts

Samples: Loan and Security Agreement (Spy Optic Inc), Loan and Security Agreement (Citadel Security Software Inc), Loan and Security Agreement (Pfsweb Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn out or obsolete Equipment; (c) non-exclusive licenses and similar arrangements for the use of the property of Borrower or and/or its Subsidiaries in the ordinary course of business; or and (iiid) of worn-out or obsolete Equipmentin connection with Permitted Liens and Permitted Investments.

Appears in 6 contracts

Samples: Note Purchase Agreement (Global Telecom & Technology, Inc.), Loan and Security Agreement (Global Telecom & Technology, Inc.), Loan and Security Agreement (Global Telecom & Technology, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of a Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete EquipmentEquipment which was not financed by Bank.

Appears in 6 contracts

Samples: Loan and Security Agreement (Uni-Pixel), Loan and Security Agreement (Uni-Pixel), Loan and Security Agreement (Telkonet Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; or (c) in connection with Permitted Liens and Permitted Investments.

Appears in 5 contracts

Samples: Loan and Security Agreement (Nupathe Inc.), Loan and Security Agreement (Nupathe Inc.), Loan and Security Agreement (Nupathe Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, to “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 5 contracts

Samples: Loan and Security Agreement (Newgistics, Inc), Disbursement Instructions (Vastera Inc), Loan and Security Agreement (Inphonic Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out worn out, surplus or obsolete Equipment; and (c) in connection with Permitted Liens, Permitted Investments and Permitted Licenses.

Appears in 5 contracts

Samples: Loan and Security Agreement (Senseonics Holdings, Inc.), Loan and Security Agreement (Visterra, Inc.), Loan and Security Agreement (Senseonics Holdings, Inc.)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-worn out or obsolete Equipment; and (c) in connection with Permitted Liens and Permitted Investments.

Appears in 4 contracts

Samples: Loan and Security Agreement (XRS Corp), Loan and Security Agreement (Xata Corp /Mn/), Loan and Security Agreement (Procera Networks Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.than:

Appears in 4 contracts

Samples: Loan and Security Agreement (Evolving Systems Inc), Loan and Security Agreement (GigOptix, Inc.), Loan and Security Agreement (Evolving Systems Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of ------------ (collectively a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers a Transfer (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement (Bio Imaging Technologies Inc), Loan and Security Agreement (Lantronix Inc), Loan and Security Agreement (Lantronix Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 4 contracts

Samples: Amended And (Rosetta Inpharmatics Inc), Loan and Security Agreement (Talarian Corp), Loan and Security Agreement (Quokka Sports Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements except for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 4 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (XOMA Corp), Loan and Security Agreement (Aspen Group, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; , (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; , or (iii) of worn-out or obsolete Equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement (Scientific Learning Corp), Loan and Security Agreement (Usweb Corp), Loan and Security Agreement (Cardiac Science Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, to "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 4 contracts

Samples: Loan and Security Agreement (Pumatech Inc), Loan and Security Agreement (Us Search Corp Com), Loan and Security Agreement (Us Search Corp Com)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of a Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete Equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Lightpath Technologies Inc), Loan and Security Agreement (Tabula Rasa HealthCare, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of a Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete EquipmentEquipment which was not financed by Bank, or, (iv) Transfers to a Borrower.

Appears in 4 contracts

Samples: Loan and Security Agreement (IBEX LTD), Loan and Security Agreement (IBEX LTD), Loan and Security Agreement (IBEX Holdings LTD)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its their Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers set forth on the Schedule, (ii) Transfers of Inventory in the ordinary course of business; or (iiiii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of each Borrower or its their Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc), Loan and Security Agreement (Netratings Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete EquipmentEquipment that is, in the reasonable judgment of Borrower, no longer economically practicable to maintain or useful in the ordinary course of business of Borrower; and (c) consisting of Permitted Liens and Permitted Investments.

Appears in 4 contracts

Samples: Loan and Security Agreement (Progyny, Inc.), Loan and Security Agreement (Progyny, Inc.), Loan and Security Agreement (Mersana Therapeutics, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business business, assets or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement (Applied Optoelectronics, Inc.), Loan and Security Agreement (Applied Optoelectronics, Inc.), Loan and Security Agreement (Applied Optoelectronics, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or propertyproperty or any Collateral, other than except for Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-worn out or obsolete Equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement (Volcano CORP), Loan and Security Agreement (Comverge, Inc.), Loan and Security Agreement (Volcano CORP)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers a Transfer (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 4 contracts

Samples: Loan and Security Agreement (Art Technology Group Inc), Loan and Security Agreement (Object Design Inc), Loan Agreement (Lightbridge Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipmentequipment.

Appears in 4 contracts

Samples: Valley Bank Loan and Security Agreement (Entrada Networks Inc), Loan and Security Agreement (GlobalOptions Group, Inc.), Loan and Security Agreement (Viking Systems Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 3 contracts

Samples: Loan and Security Agreement (GigOptix, Inc.), Loan and Security Agreement (Ocz Technology Group Inc), Loan and Security Agreement (GigOptix, Inc.)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-worn out or obsolete EquipmentEquipment or other Equipment which is being replaced by Equipment of reasonably equivalent or better value or usefulness; and (c) in connection with Permitted Liens, Permitted Investments and Permitted Licenses.

Appears in 3 contracts

Samples: Loan and Security Agreement (Xeris Pharmaceuticals Inc), Loan and Security Agreement (Xeris Pharmaceuticals Inc), Loan and Security Agreement (Xeris Pharmaceuticals Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "including, without limitation, pursuant to a Division) (collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements except for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 3 contracts

Samples: Loan and Security Agreement (Outbrain Inc.), Loan and Security Agreement (Biodesix Inc), Loan and Security Agreement (Oaktree Acquisition Corp.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower the Company or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Egain Communications Corp), Note and Warrant Purchase Agreement (Egain Communications Corp), Note and Warrant Purchase Agreement (Egain Communications Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.;

Appears in 3 contracts

Samples: Loan and Security Agreement (ValueSetters Corp), Revolving Loan and Security Agreement (ValueSetters Corp), Revolving Loan and Security Agreement (Worldgate Communications Inc)

Dispositions. Convey, sell, lease, sublease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 3 contracts

Samples: Loan and Security Agreement (Onyx Software Corp/Wa), Loan and Security Agreement (Onyx Software Corp/Wa), Loan and Security Agreement (Onyx Software Corp/Wa)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for (a) Transfers (i) of Inventory in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete Equipment; and (c) Transfers consisting of Permitted Liens and Permitted Investments.

Appears in 3 contracts

Samples: Loan and Security Agreement (Iteris, Inc.), Loan and Security Agreement (Comarco Inc), Loan and Security Agreement (Xata Corp /Mn/)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) Transfers consisting of non-exclusive licenses in the ordinary course of business.

Appears in 3 contracts

Samples: Loan Modification Agreement, Loan Modification Agreement (Meru Networks Inc), Loan Modification Agreement (Meru Networks Inc)

Dispositions. Convey, sell, lease, transfer or otherwise transfer, assign, dispose of of, license (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements except for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 3 contracts

Samples: Loan and Security Agreement (Neuronetics, Inc.), Loan and Security Agreement (Neuronetics, Inc.), Loan and Security Agreement (Neuronetics, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipmentthan: Permitted Transfers.

Appears in 3 contracts

Samples: Loan and Security Agreement (Five9, Inc.), Loan and Security Agreement (Five9, Inc.), Loan and Security Agreement (Five9, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; and (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.;

Appears in 2 contracts

Samples: Revolving Loan Agreement (Astea International Inc), Revolving Loan Agreement (Astea International Inc)

Dispositions. Convey, sell, lease, license, transfer or otherwise dispose of (collectively "collectively, to “Transfer"), or permit any of its Subsidiaries to Transfer, all or any substantial part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Term Loan  and Security Agreement (Blaze Energy Corp.), Term Loan  and Security Agreement (Environmental Energy Services Inc)

Dispositions. Convey, sell, lease, transfer or otherwise transfer, assign, dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or propertyproperty (including Intellectual Property), other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; and (c) Permitted Liens, Permitted Investments and Permitted Licenses.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nanosphere Inc), Loan and Security Agreement (Imprimis Pharmaceuticals, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Intellon Corp), Loan and Security Agreement (Intellon Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers of (ia) of Inventory in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of unneeded, worn-out or obsolete Equipment; and (c) in connection with Permitted Liens and Permitted Investments.

Appears in 2 contracts

Samples: Loan and Security Agreement (Glu Mobile Inc), Loan and Security Agreement (Glu Mobile Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete EquipmentEquipment which was not financed by Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vuzix Corp), Assignment and Assumption Agreement (Vuzix Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "including without limitation, pursuant to a Division) (collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.than:

Appears in 2 contracts

Samples: Loan and Security Agreement (TechTarget Inc), Loan and Security Agreement (TechTarget Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Lightpath Technologies Inc), Loan and Security Agreement (Lightpath Technologies Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.except for:

Appears in 2 contracts

Samples: Loan and Security Agreement (Centillium Communications Inc), Loan and Security Agreement (Cypress Semiconductor Corp /De/)

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Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory and Field Equipment in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-worn out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) in connection with the Filter Plant Transactions.

Appears in 2 contracts

Samples: Loan and Security Agreement (NxStage Medical, Inc.), Loan and Security Agreement (NxStage Medical, Inc.)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary course of business; of worn out or obsolete Equipment; in connection with Permitted Liens and Permitted Investments; and (iid) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Twilio Inc), Loan and Security Agreement (Twilio Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out, obsolete or surplus Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Fate Therapeutics Inc), Loan and Security Agreement (Fate Therapeutics Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory inventory in the ordinary course of business; , (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; , or (iii) of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan Modification Agreement (Quintus Corp), Loan and Security Agreement (Sagent Technology Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of a Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete Equipment; or (iv) Transfers among Loan Parties.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tabula Rasa HealthCare, Inc.), Loan and Security Agreement (Tabula Rasa HealthCare, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) execution of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete EquipmentEquipment which was not financed by Bank.

Appears in 2 contracts

Samples: Loan and Security Agreement (Traffic.com, Inc.), Loan and Security Agreement (Traffic.com, Inc.)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "including, without limitation, pursuant to a Division) (collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements except for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.Transfers:

Appears in 2 contracts

Samples: Loan and Security Agreement (Pliant Therapeutics, Inc.), Loan and Security Agreement (Pliant Therapeutics, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, including intellectual property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of businessSubsidiaries; or (iii) Transfers of surplus, worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ilx Lightwave Corp), Loan and Security Agreement (Ilx Lightwave Corp)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; and (c) in connection with Permitted Liens, Permitted Investments and Permitted Licenses.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nuvectra Corp), Loan and Security Agreement (HTG Molecular Diagnostics, Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) non-exclusive licenses and similar arrangements for the use of the property of Borrower or Guarantor and/or its Subsidiaries in the ordinary course of business; or and (iiid) of worn-out or obsolete Equipmentin connection with Permitted Liens and Permitted Investments.

Appears in 2 contracts

Samples: Security Agreement (Global Telecom & Technology, Inc.), Security Agreement (Global Telecom & Technology, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, to "Transfer"), or permit any of its Subsidiaries to Transfer, all or any material part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete EquipmentPermitted Transfers.

Appears in 2 contracts

Samples: Loan and Security Agreement (Asyst Technologies Inc /Ca/), Loan and Security Agreement (Asyst Technologies Inc /Ca/)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment that does not constitute Financed Equipment; and (c) in connection with Permitted Liens and Permitted Investments.

Appears in 2 contracts

Samples: Loan and Security Agreement (Healthaxis Inc), Loan and Security Agreement (GPS Industries, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.;

Appears in 2 contracts

Samples: Loan and Security Agreement (Spire Corp), Loan and Security Agreement (Spire Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out out, obsolete or obsolete unnecessary Equipment; or (iv) transactions permitted under Section 7.3.

Appears in 2 contracts

Samples: Loan and Security Agreement (Netlogic Microsystems Inc), Loan and Security Agreement (Netlogic Microsystems Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments; and (d) non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Sonic Foundry Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements except for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.Transfers

Appears in 2 contracts

Samples: Loan and Security Agreement (Shopify Inc.), Loan and Security Agreement (Radisys Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of exclusive or non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiic) of worn-out or obsolete Inventory and Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (California Micro Devices Corp), Loan and Security Agreement (California Micro Devices Corp)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its their Subsidiaries to Transfer, all or any part of its business their businesses or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; and (c) in connection with Permitted Liens and Permitted Investments.

Appears in 2 contracts

Samples: Loan and Security Agreement (Intellicheck Mobilisa, Inc.), Loan and Security Agreement (Derycz Scientific Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of any Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Visual Networks Inc), Loan and Security Agreement (Visual Networks Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment; or (iv) transactions permitted under Section 7.3.

Appears in 2 contracts

Samples: Ar Financing Loan Agreement (Netlogic Microsystems Inc), Ar Financing Loan Agreement (Netlogic Microsystems Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory in the ordinary ------ --- course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Novoste Corp /Fl/)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers Transfers: (i) of Inventory inventory in the ordinary course of business; , (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; (iii) that constitute payment of normal and usual operating expenses in the ordinary course of business; or (iiiiv) of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Allaire Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; , (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower Borrower, or its Subsidiaries in the ordinary course of business; , or (iii) of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Netscout Systems Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.its

Appears in 1 contract

Samples: Loan and Security Agreement (Women Com Networks Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers a Transfer (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses licenses, and similar arrangements for the use of the property of Borrower Debtor or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Security Agreement (Diomed Holdings Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory inventory in the ordinary course of business; , (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or , (iii) of worn-out or obsolete Equipment, or (iv) of research and development arrangements in the ordinary course of business.

Appears in 1 contract

Samples: Loan and Security Agreement (Ribogene Inc / Ca/)

Dispositions. Convey, sell, lease, license, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.except for:

Appears in 1 contract

Samples: Loan and Security Agreement (Mindspeed Technologies, Inc)

Dispositions. Convey, sell, lease, transfer or otherwise other dispose of (collectively collectively, a "Transfer"), ) or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of businessSubsidiaries; or (iii) Transfers of worn-out or obsolete Equipment.. 7.2

Appears in 1 contract

Samples: Loan and Security Agreement (Consilium Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-worn out or obsolete Equipment.; and (c) in connection with Permitted Liens and Permitted Investments;

Appears in 1 contract

Samples: Loan and Security Agreement (Wireless Ronin Technologies Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (iib) of worn-out or obsolete Equipment; and (c) in connection with Permitted Liens and Permitted Investments; and (d) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Urologix Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose ------------ of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its assets, business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of businessSubsidiaries; or (iii) Transfers of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (ia) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iiib) of worn-out or obsolete Equipment; and (c) consisting of Permitted Liens and Permitted Investments.

Appears in 1 contract

Samples: Loan and Security Agreement (Document Sciences Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; (iii) of Permitted Exclusive Licenses or (iiiiv) of worn-out or obsolete Equipment.; or

Appears in 1 contract

Samples: Loan and Security Agreement (Lexar Media Inc)

Dispositions. Convey, sell, lease, transfer transfer, assign, or otherwise dispose of (collectively "collectively, “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements except for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.Permitted Transfers

Appears in 1 contract

Samples: Loan and Security Agreement (Interpace Biosciences, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers a Transfer (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Click2learn Com Inc)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "Transfer"collectively, a“Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers (i) of Inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete Equipment.than:

Appears in 1 contract

Samples: Loan and Security Agreement (Proxim Wireless Corp)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively collectively, a "Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete EquipmentEquipment which was not financed by Lender.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Lc Capital Master Fund LTD)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "collectively, a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than Transfers than: (i) Transfers of Inventory inventory in the ordinary course of business; (ii) Transfers of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) Transfers of worn-out or obsolete EquipmentEquipment which was not financed by Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (UserTesting, Inc.)

Dispositions. Convey, sell, lease, transfer or otherwise dispose of (collectively "a “Transfer"), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, other than except for Transfers (i) of Inventory inventory in the ordinary course of business; (ii) of non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-worn out or obsolete Equipmentequipment.

Appears in 1 contract

Samples: Silicon Valley Bank Loan and Security Agreement (Insignia Solutions PLC)

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