Common use of Disposition of Receivables and Related Assets Clause in Contracts

Disposition of Receivables and Related Assets. Except pursuant to this Agreement, the Borrower will not sell, lease, transfer, assign, pledge or otherwise dispose of or encumber (in one transaction or in a series of transactions) any Receivables and Related Assets.

Appears in 6 contracts

Samples: Credit and Security Agreement (Quest Diagnostics Inc), Credit and Security Agreement (Quest Diagnostics Inc), Credit and Security Agreement (Quest Diagnostics Inc)

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Disposition of Receivables and Related Assets. Except pursuant to this Agreement, the Borrower will not sell, lease, transfer, assign, pledge assign or otherwise dispose of or encumber (in one transaction or in a series of transactions) any Receivables and Related Assets.

Appears in 3 contracts

Samples: Credit and Security Agreement (Precision Castparts Corp), Credit and Security Agreement (Interim Services Inc), Credit and Security Agreement (Packaging Corp of America)

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