Common use of Dispositions Not Authorized Clause in Contracts

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 12 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Fiesta Restaurant Group, Inc.), Pledge and Security Agreement (Kelly Services Inc)

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Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.5 hereof and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.5 hereof) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 12 contracts

Samples: Pledge and Security Agreement (Tredegar Corp), Pledge and Security Agreement, Pledge and Security Agreement (Tredegar Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.5 hereof and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.5 hereof) shall be binding upon the Administrative Agent or the other Holders of Secured Parties Obligations unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 11 contracts

Samples: Pledge and Security Agreement, Credit Agreement (Journal Media Group, Inc.), Pledge and Security Agreement (Myr Group Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 9 contracts

Samples: Pledge and Security Agreement (CarParts.com, Inc.), Pledge and Security Agreement (Clarus Corp), Pledge and Security Agreement (Vera Bradley, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Collateral Agent or other conduct of the Administrative Collateral Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Collateral Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Collateral Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 5 contracts

Samples: Pledge and Security Agreement (Ddi Corp), Pledge and Security Agreement (Altra Holdings, Inc.), Pledge and Security Agreement (Mgi Pharma Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose Dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 5 contracts

Samples: Pledge and Security Agreement (Tredegar Corp), Pledge and Security Agreement (Tile Shop Holdings, Inc.), Pledge and Security Agreement (Intapp, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d4.01(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d4.01(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 4 contracts

Samples: Canadian Pledge and Security Agreement (Usg Corp), Pledge and Security Agreement (Usg Corp), Pledge and Security Agreement (Usg Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell sell, lease or transfer or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Neiman Marcus, Inc.), Pledge and Security and Intercreditor Agreement (Neiman Marcus, Inc.), Pledge and Security Agreement (Neiman Marcus Group Inc)

Dispositions Not Authorized. No The Grantor is not authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any the Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Bluestem Brands, Inc.), Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d5.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Collateral Agent or other conduct of the Administrative Collateral Agent, no authorization to sell sell, transfer or otherwise dispose of the Collateral (except as set forth in Section 4.1(d5.1(d)) shall be binding upon the Administrative Collateral Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Collateral Agent with the consent or at the direction of the Required Lenders.

Appears in 4 contracts

Samples: Intercreditor Agreement (Horizon Global Corp), Term Loan Credit Agreement (Horizon Global Corp), Credit Agreement (Horizon Global Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Lender Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 4 contracts

Samples: Security Agreement (Levi Strauss & Co), Security Agreement (Levi Strauss & Co), Security Agreement (Levi Strauss & Co)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersLenders required under Section 9.02 of the Credit Agreement).

Appears in 3 contracts

Samples: Pledge and Security Agreement (Smithfield Foods Inc), Pledge and Security Agreement (Smithfield Foods Inc), Pledge and Security Agreement (Smithfield Foods Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in accordance with Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in accordance with Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 3 contracts

Samples: Pledge Agreement, Pledge Agreement (Vista Proppants & Logistics Inc.), Security Agreement (Vista Proppants & Logistics Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Collateral Agent or other conduct of the Administrative Collateral Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Collateral Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Collateral Agent with the consent or at the direction of the Required Lenders.

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc), Senior Secured Credit Agreement (Lifetime Brands, Inc), Credit Agreement (Lifetime Brands, Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Collateral Agent or other conduct of the Administrative Collateral Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Collateral Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Collateral Agent with the consent or at the direction of the Required Lenders.

Appears in 3 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Geokinetics Inc), Pledge and Security Agreement (Postmedia Network Canada Corp.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.5 hereof and notwithstanding any course of dealing between any Grantor and the Administrative Collateral Agent or other conduct of the Administrative Collateral Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.5 hereof) shall be binding upon the Administrative Collateral Agent or the other Holders of Secured Parties Obligations unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersCollateral Agent.

Appears in 3 contracts

Samples: Security Agreement (Photronics Inc), Security Agreement (Photronics Inc), Security Agreement (Photronics Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor the Grantors and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d5.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell sell, transfer or otherwise dispose of the Collateral (except as set forth in Section 4.1(d5.1(d)) shall be binding upon the Administrative Agent or the other Foreign Facility Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 2 contracts

Samples: And Collateral Agreement, Foreign Facility Guarantee and Collateral Agreement (Horizon Global Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 2 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (TMS International Corp.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) the Credit Agreement and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)the Credit Agreement) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Urban Outfitters Inc), Pledge and Security Agreement (Urban Outfitters Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Action Performance Companies Inc), Pledge and Security Agreement (Newpark Resources Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Wanxiang Group Corp), Pledge and Security Agreement (A123 Systems, Inc.)

Dispositions Not Authorized. No The Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any the Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 2 contracts

Samples: Pledge and Security Agreement (CareView Communications Inc), Pledge and Security Agreement (CareView Communications Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.3 hereof and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.3 hereof) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Wellcare Health Plans, Inc.), Pledge and Security Agreement (Wellcare Health Plans, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 2 contracts

Samples: Pledge and Security Agreement (FlexEnergy Green Solutions, Inc.), Canadian Pledge and Security Agreement (FlexEnergy Green Solutions, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d5.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d5.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Majority Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Approach Resources Inc), Guaranty and Pledge Agreement (Approach Resources Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Techteam Global Inc), Credit Agreement (Synergy Resources Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Pinstripes Holdings, Inc.), Pledge and Security Agreement (Banyan Acquisition Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent accordance with the consent or at the direction Section 9.02 of the Required LendersCredit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Us Concrete Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Creditors unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Security Agreement (Furniture Brands International Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the any other Secured Parties Party unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (InfuSystem Holdings, Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d4.1(e) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d4.1(e)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (Altra Holdings, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or 28 otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Dril-Quip Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) ), and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Heartland Payment Systems Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose Dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gorman Rupp Co)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral Collateral, except as set forth in Section 4.1(d) ), and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell sell, lease or transfer or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Navistar International Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent and or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (Archrock Partners, L.P.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose Dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed provided by the Administrative Agent in accordance with the terms of the Credit Agreement or with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (Friedman Industries Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d4.1(e) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d4.1(e)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: Pledge and Security Agreement (Griffon Corp)

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Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor the Grantors and the US Administrative Agent or other conduct of the US Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the US Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the US Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Systemax Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d5.1(d)) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d5.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ultra Clean Holdings, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.5 and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.5) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (Xeta Corp)

Dispositions Not Authorized. No The Grantor is not authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any the Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Canadian Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Ddi Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.6 and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.6) shall be binding upon the Administrative Agent Agent, the Co-Agents, the Banks, any L/C Providers or the other Secured Parties any Interest Rate Providers unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersBanks.

Appears in 1 contract

Samples: 1 Subsidiary Security Agreement (Jacor Communications Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.2 hereof and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.2 hereof) shall be binding upon the Administrative Agent or the other Holders of Secured Parties Obligations unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (Priceline Com Inc)

Dispositions Not Authorized. No U.S. Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d4.01(d) and notwithstanding any course of dealing between any U.S. Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d4.01(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Usg Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d5.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell sell, transfer or otherwise dispose of the Collateral (except as set forth in Section 4.1(d5.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Loan Agreement (Horizon Global Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose Dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Myriad Genetics Inc)

Dispositions Not Authorized. No Grantor is not authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.2.5 and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.2.5) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 1 contract

Samples: Restated Security Agreement (WatchGuard, Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the any other Secured Parties Party unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (JOINT Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor the Grantors and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Systemax Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) or as otherwise permitted under the Credit Agreement) shall be binding upon the Administrative Agent or the other Secured Parties Canadian Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Wesco International Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) or as otherwise permitted under the Credit Agreement) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Wesco International Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) permitted under the Credit Agreement and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell sell, lease or transfer or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.01(d) or as otherwise contemplated by the Credit Agreement) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersSecured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Amscan Holdings Inc)

Dispositions Not Authorized. No Grantor is not authorized to sell or otherwise dispose of the Collateral Collateral, except as set forth in Section 4.1(d) ), and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell sell, lease or transfer or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Navistar International Corp)

Dispositions Not Authorized. No Grantor is Except as provided in Section 4.1.5, none of the Grantors are authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) or otherwise permitted under the Loan Documents and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) or otherwise permitted under the Loan Documents) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersAgent.

Appears in 1 contract

Samples: Security Agreement (Pacific Sunwear of California Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the its respective Pledged Collateral except as set forth in Section 4.1(d) 4.1.5 hereof and notwithstanding any course of dealing between any such Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the such Grantor’s Pledged Collateral (except as set forth in Section 4.1(d)4.1.5 hereof) shall be binding upon the Administrative Agent or the other Secured Parties Holders of Obligations unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Florida Gaming Corp)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.5 and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.5) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersHolders.

Appears in 1 contract

Samples: Pledge and Security Agreement (NewStar Financial, Inc.)

Dispositions Not Authorized. No The Grantor is not authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any the Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties Lenders unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.Secured Parties. 8.7

Appears in 1 contract

Samples: Pledge and Security Agreement

Dispositions Not Authorized. No Grantor is authorized authorized, without the prior written consent of the Administrative Agent, to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (SEACOR Marine Holdings Inc.)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Collateral Agent or other conduct of the Administrative Collateral Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Collateral Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required LendersParties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Kelly Services Inc)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d) 4.1.5 hereof and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)4.1.5 hereof) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders. 18 8.9.

Appears in 1 contract

Samples: Pledge and Security Agreement

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose Dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.Holders. 7.7

Appears in 1 contract

Samples: Execution Version Pledge and Security Agreement (Daktronics Inc /Sd/)

Dispositions Not Authorized. No Grantor is authorized to sell or otherwise dispose Dispose of the Collateral except as set forth in Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no authorization to sell or otherwise dispose Dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the Administrative Agent with the consent or at the direction of the Required Lenders.. 7.7

Appears in 1 contract

Samples: Pledge and Security Agreement (Daktronics Inc /Sd/)

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