Common use of Disposition of Assets or Collateral Clause in Contracts

Disposition of Assets or Collateral. Sell, lease, or otherwise transfer or dispose of any or all of the Collateral or other assets of Borrower, other than the sale of Inventory in the ordinary course of business and the retirement of other assets in the normal course of operations.

Appears in 4 contracts

Samples: Loan and Security Agreement (Judge Group Inc), Loan and Security Agreement (Judge Group Inc), Revolving Loan and Security Agreement (Measurement Specialties Inc)

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Disposition of Assets or Collateral. Sell, lease, transfer, convey or otherwise transfer or dispose of any or all of the Collateral its assets or other assets of BorrowerCollateral, other than the sale or lease of Inventory goods in the ordinary course of business and the retirement of other assets in the normal course of operationsbusiness.

Appears in 2 contracts

Samples: Loan Security and Service Agreement (Auto Underwriters of America, Inc.), Security and Service Agreement (Easy Money Holding Corp)

Disposition of Assets or Collateral. Sell, lease, transfer, convey or otherwise transfer or dispose of any or all of the Collateral its assets or other assets of BorrowerCollateral, other than the sale or lease of Inventory inventory in the ordinary course of business and the retirement of other assets in the normal course of operationsbusiness.

Appears in 1 contract

Samples: Loan, Security and Service Agreement (Thatlook Com Inc/Nv)

Disposition of Assets or Collateral. Sell, lease, or otherwise transfer or dispose of any or all of the Collateral its assets or other assets of Borrower, property other than (a) the sale of Inventory in the ordinary course of business business, and (b) the retirement disposition of other assets used, worn-out or surplus property in the normal ordinary course of operationsbusiness.

Appears in 1 contract

Samples: Loan Agreement (Inmark Enterprises Inc)

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Disposition of Assets or Collateral. Sell, lease, transfer, convey or otherwise transfer or dispose of any or all of the Collateral its assets or other assets of BorrowerCollateral, other than (a) the retirement of worn or obsolete fixed assets in the ordinary course of business, (b) the sale of Inventory in the ordinary course of business business, and (c) the retirement sale of other assets in the normal course of operationsEuropean Subsidiaries.

Appears in 1 contract

Samples: Loan and Security Agreement (Programmers Paradise Inc)

Disposition of Assets or Collateral. Sell, lease, transfer, convey or otherwise transfer or dispose of any or all of the Collateral its assets or other assets of BorrowerCollateral, other than the sale or lease of Inventory in the ordinary course of business and the retirement of other assets in the normal course of operationsbusiness.

Appears in 1 contract

Samples: Loan and Security Agreement (Bogen Communications International Inc)

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