Common use of Collateral Disposition Clause in Contracts

Collateral Disposition. Grantor has not, and will not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except (i) with respect to Permitted Security Interests, (ii) in the ordinary course of Grantor's business or (iii) upon the prior written consent of Secured Party, to be withheld, conditioned or delayed by Secured Party in Secured Party's sole discretion

Collateral Disposition. Grantor has not, and will not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's rights in the Collateral except (i) with respect to Permitted Security Interests, (ii) in the ordinary course of Grantor's business or (iii) upon the prior written consent of Secured Party, to be withheld, conditioned or delayed by Secured Party in Secured Party's sole discretion.

Collateral Disposition. Grantor has not, and will not, sell, assign, transfer, encumber or otherwise dispose of any of Grantor's ’s rights in the Collateral except (i) with respect to Permitted Security Interests, (ii) in the ordinary course of Grantor's ’s business or (iii) upon the prior written consent of Secured Party, to be withheld, conditioned or delayed by Secured Party in Secured Party's ’s sole discretion.