Bulk Transfers, Etc. The grant of the security interest in the Collateral by the Borrower to the Collateral Agent pursuant to this Loan Agreement is in the ordinary course of business for the Borrower and is not in violation of the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction. No such Collateral has been or will be sold, transferred, assigned or pledged by the Borrower to any Person other than the pledge of such Collateral to the Collateral Agent pursuant to the terms of this Loan Agreement.
Appears in 3 contracts
Samples: Secured Loan Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Secured Loan Agreement (Lease Equity Appreciation Fund I Lp), Secured Loan Agreement (Lease Equity Appreciation Fund II, L.P.)
Bulk Transfers, Etc. The grant of the security interest in the Collateral by the Borrower to the Collateral Agent pursuant to this Loan Agreement is in the ordinary course of business for the Borrower and is not in violation of subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction. No such Collateral has been or will be sold, transferred, assigned or pledged by the Borrower to any Person other than the pledge of such Collateral to the Collateral Agent pursuant to the terms of this Loan Agreement.
Appears in 2 contracts
Samples: Warehouse and Security Agreement (TFC Enterprises Inc), Warehouse and Security Agreement (Financial Pacific Co)
Bulk Transfers, Etc. The grant of the security interest in the -------------------- Collateral by the Borrower to the Collateral Agent pursuant to this Loan Agreement is in the ordinary course of business for the Borrower and is not in violation of subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction. No such Collateral has been or will be sold, transferred, assigned or pledged by the Borrower to any Person other than the pledge of such Collateral to the Collateral Agent pursuant to the terms of this Loan Agreement.
Appears in 1 contract
Samples: Warehouse and Security Agreement (TFC Enterprises Inc)