Common use of Transfer or Encumbrance Clause in Contracts

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral other than the Permitted Encumbrances.

Appears in 2 contracts

Samples: Loan and Security Agreement (Dawson Geophysical Co), Loan and Security Agreement (TGC Industries Inc)

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Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease exchange or otherwise dispose of any of the Collateral, or (ii) xxxxx nor will Debtor granx x xxxx or security interest in Xxxx xxxn or execute, file or record any financing statement or other security instrument registration with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, other than Liens in favor of Secured Party or expressly permitted by the Permitted EncumbrancesCredit Agreement.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Leslie Resources Inc), Stock Pledge Agreement (Leslie Resources Inc)

Transfer or Encumbrance. Except as otherwise provided in the Loan Documents , the Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) nor will the Debtor xxxxx x xxxx Xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral Collateral, other than the Permitted EncumbrancesLiens.

Appears in 1 contract

Samples: Security Agreement (Onstream Media CORP)

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx nor will Debtor granx x xxxx or security interest in Xxxx xxxn or execute, file or record any financing statement or other security instrument registration with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, other than the Permitted EncumbrancesLiens in favor of Secured Party.

Appears in 1 contract

Samples: Pledge Agreement (United States Exploration Inc)

Transfer or Encumbrance. Except as otherwise provided in the Loan Documents, no Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx nor will any Debtor gxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral Collateral, other than the Permitted Encumbrances.

Appears in 1 contract

Samples: Security Agreement (Onstream Media CORP)

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Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx nor will Debtor grant a lien or security interest in or execute, file or record any xx xxxxxx xxy financing statement or other security instrument with respect to the Collateral, nor will Debtor deliver actual or constructive possession of the Collateral to any other than the Permitted EncumbrancesPerson.

Appears in 1 contract

Samples: Credit Agreement (E-Dentist Com Inc)

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx or security interest in nor will Debtor grant a Lien upon or execute, file or record any financing statement or other security instrument statemxxx xx xxxxx registration with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, other than Liens in favor of Secured Party or expressly permitted by the Permitted EncumbrancesCredit Agreement.

Appears in 1 contract

Samples: Credit Agreement (E-Dentist Com Inc)

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) nor will Debtor xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral, nor will Debtor deliver actual or constructive possession of the Collateral to any other than the Permitted Encumbrances.Person, other than:

Appears in 1 contract

Samples: Security Agreement (Vaughan Foods, Inc.)

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