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 except in the ordinary course of business, (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, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lender.

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 except in the ordinary course of business, or (ii) xxxxx x xxxx grant a lien or security interest sexxxxxx xxxxxest in or execute, file or record any financing statement or other security instrument with respect to the Collateral, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender or a Servicing Agent who is acting Secured Party except with respect to the Permitted Liens, except for (A) sales of inventory and equipment in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lenderthe ordinary course of business.

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 except in the ordinary course of business, (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, or (iiiii) deliver actual or constructive possession of any of the Collateral to any party Person other than Lender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lender.

Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of (each a “Disposition”) any of the Collateral except in the ordinary course of businessor any other Property, or (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to any of the Collateral, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lender.the Permitted Encumbrances, except, with respect to clause (i) above, for:

Transfer or Encumbrance. No Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of (each a "Disposition") any of the Collateral except in the ordinary course of businessor any other Property, or (ii) xxxxx gxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to any of the Collateral, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lender.the Permitted Encumbrances, except, with respect to clause (i) above, for:

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 except in the ordinary course of business, (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, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lender.,

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 except in the ordinary course of businessCollateral, (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the CollateralCollateral other than the Permitted Encumbrances, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lender.

Transfer or Encumbrance. Except in the ordinary course of the Debtor's business, Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral except in the ordinary course of businessCollateral, (ii) xxxxx x xxxx or security interest in or execute, authorize, file or record any financing statement or other security instrument with respect to the CollateralCollateral to any party other than Secured Party, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by LenderSecured Party.