Defense of Agent’s and Lenders’ Interests. Until (a) payment and performance in full of all of the Obligations and (b) termination of this Agreement, Agent’s interests in the Collateral shall continue in full force and effect. During such period no Borrower shall, without Agent’s prior written consent, pledge, sell (except Inventory in the Ordinary Course of Business and Equipment to the extent permitted in Section 4.3 hereof), assign, transfer, create or suffer to
Appears in 2 contracts
Samples: Credit and Security Agreement (Green Plains Inc.), Security Agreement (Avatech Solutions Inc)
Defense of Agent’s and Lenders’ Interests. Until (a) payment and performance in full of all of the Obligations and (b) termination of this Agreement, Agent’s 's interests in the Collateral shall continue in full force and effect. During such period no Borrower shall, without Agent’s 's prior written consent, pledge, sell (except Inventory in the Ordinary Course ordinary course of Business and Equipment to the extent permitted in Section 4.3 hereofbusiness), assign, transfer, create or suffer toto exist a Lien upon or encumber or allow or suffer to be encumbered in any way except for Permitted Encumbrances, any part of the Collateral except as permitted by Section 4.3
Appears in 1 contract
Defense of Agent’s and Lenders’ Interests. Until (a) payment and performance in full of all of the Obligations and (b) termination of this Agreement, Agent’s 's interests in the Collateral shall continue in full force and effect. During such period no Borrower shall, without Agent’s 's prior written consent, pledge, sell (except Inventory in the Ordinary Course of Business and Equipment to the extent permitted in Section 4.3 hereof), assign, transfer, create or suffer tosell
Appears in 1 contract
Defense of Agent’s and Lenders’ Interests. Until (a) payment and performance in full of all of the Obligations and (b) termination of this Agreement, Agent’s 's interests in the Collateral shall continue in full force and effect. During such period no Borrower shall, without Agent’s 's prior written consent, pledge, sell (except Inventory in the Ordinary Course ordinary course of Business and Equipment to the extent permitted in Section 4.3 hereofbusiness), assign, transfer, create or suffer toto exist a Lien upon or encumber or allow or suffer to be encumbered in any way except for Permitted Encumbrances, any part of the Collateral. Each Borrower shall
Appears in 1 contract
Samples: Revolving Credit (Graham Field Health Products Inc)
