Common use of Dispositions Not Authorized Clause in Contracts

Dispositions Not Authorized. The Grantor is not authorized to sell or otherwise dispose of any Collateral owned by it except as set forth in SECTION 4.1(C) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)) shall be binding upon the Collateral Agent or the Lenders unless such authorization is in writing signed by the Collateral Agent.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Overhill Farms Inc), Pledge and Security Agreement (Overhill Farms Inc)

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Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(CSection 4.1(c) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(CSection 4.1(c)) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral Agent.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Postmedia Network Canada Corp.), Pledge and Security Agreement (Lions Gate Entertainment Corp /Cn/)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) and Section 4.01(d), and, notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell sell, lease or transfer or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(CSection 4.01(d)) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Required Secured Parties.

Appears in 2 contracts

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

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) Section 4.1.5 hereof and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)Section 4.1.5 hereof) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Holders of a majority in aggregate principal amount of the outstanding Notes.

Appears in 2 contracts

Samples: Pledge and Security Agreement (CIMPRESS PLC), Pledge and Security Agreement (CIMPRESS PLC)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) Section 6.03 of the Credit Agreement and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)Section 6.03 of the Credit Agreement) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Required Secured Parties.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Dura Automotive Systems Inc), Pledge and Security Agreement (Dura Automotive Systems Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (Cypress Energy Partners, L.P.), Credit Agreement (Cypress Energy Partners, L.P.)

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

Appears in 2 contracts

Samples: Credit Agreement (Arcadium Lithium PLC), Credit Agreement (Livent Corp.)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) Section 4.1.5 hereof and notwithstanding any course of dealing between any Grantor and the Collateral Agent Trustee or other conduct of the Collateral AgentTrustee, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)Section 4.1.5 hereof) shall be binding upon the Collateral Agent or the Lenders Trustee unless such authorization is in writing signed by the Collateral AgentTrustee.

Appears in 2 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (YRC Worldwide Inc.)

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

Appears in 1 contract

Samples: Security Agreement (Navistar International Corp)

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

Appears in 1 contract

Samples: Pledge and Security Agreement (Iron Mining Group, Inc.)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) the Credit Agreement and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)the Credit Agreement) shall be binding upon the Collateral Agent or the Lenders Holders of Secured Obligations unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (United Stationers Supply Co)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(CSection 4.1(c) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(CSection 4.1(c)) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Noteholders pursuant to the Indenture.

Appears in 1 contract

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

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(CSection 4.1(d) and notwithstanding any course of dealing between any Grantor and the Noteholder Collateral Agent or other conduct of the Noteholder Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(CSection 4.1(d)) shall be binding upon the Noteholder Collateral Agent or the Lenders Noteholder Secured Parties unless such authorization is in writing signed by accordance with Section 12.03 of the Collateral AgentIndenture.

Appears in 1 contract

Samples: Pledge and Security Agreement (Us Concrete Inc)

Dispositions Not Authorized. The Grantor Except as otherwise permitted under the Credit Agreement, none of the Grantors is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gasco Energy Inc)

Dispositions Not Authorized. The Except as permitted under the Credit Agreement, no Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) and notwithstanding any course of dealing between any Grantor and the Collateral Administrative Agent or other conduct of the Collateral Administrative Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)) shall be binding upon the Collateral Administrative Agent or the Lenders Secured Parties unless such authorization is contained in the Credit Agreement or in another writing signed by the Collateral AgentAdministrative Agent with the consent or at the direction of the Required Lenders. 7.6.

Appears in 1 contract

Samples: Credit Agreement (Livent Corp.)

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

Appears in 1 contract

Samples: Pledge and Security Agreement (Encore Capital Group Inc)

Dispositions Not Authorized. The Grantor Except as otherwise permitted under the Credit Agreement, none of the Grantors is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gastar Exploration Inc.)

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

Appears in 1 contract

Samples: Pledge and Security Agreement (Flywire Corp)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(CSection 4.1(c) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(CSection 4.1(c)) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral Agent. 8.7.

Appears in 1 contract

Samples: Pledge and Security Agreement

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

Appears in 1 contract

Samples: Security Agreement (Astec Industries Inc)

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

Appears in 1 contract

Samples: Pledge and Security Agreement (Smithfield Foods Inc)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(CSection 5.1(d) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)Section 5.1(d) or as otherwise permitted under the Term Loan Agreement) shall be binding upon the Collateral Agent or the Lenders unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Collateral Agreement (Wesco International Inc)

Dispositions Not Authorized. The Grantor Except as otherwise permitted under the Indenture, none of the Grantors is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gastar Exploration Inc.)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) Section 5.9 of the Credit Agreement and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)Section 5.9 of the Credit Agreement) shall be binding upon the Collateral Agent or the Lenders Secured Parties unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Required Secured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Dura Automotive Systems Inc)

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

Appears in 1 contract

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

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(CSection 4.1(d) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(CSection 4.1(d)) shall be binding upon the Collateral Agent or the Lenders unless such authorization is in writing signed by the Collateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Lev Pharmaceuticals Inc)

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

Appears in 1 contract

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

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(CSection 4.1(e) and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(CSection 4.1(e)) shall be binding upon the Collateral Agent or the Lenders unless such authorization is in writing signed by the Collateral AgentAgent with the consent or at the direction of the Requisite Lenders, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: Pledge and Security Agreement (Griffon Corp)

Dispositions Not Authorized. The Grantor is Grantors are not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) permitted by Section 6.03 of the Credit Agreement and notwithstanding any course of dealing between any Grantor the Grantors and the Collateral Administrative Agent or other conduct of the Collateral Administrative Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)permitted by Section 6.03 of the Credit Agreement) shall be binding upon the Collateral Administrative Agent or the Lenders other Secured Parties unless such authorization is in writing signed by the Collateral Administrative Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Maytag Corp)

Dispositions Not Authorized. The No Grantor is not authorized to sell or otherwise dispose of any the Collateral owned by it except as set forth in SECTION 4.1(C) Section 4.1.5 hereof and notwithstanding any course of dealing between any Grantor and the Collateral Agent or other conduct of the Collateral Agent, no authorization to sell or otherwise dispose of the Collateral owned by any Grantor (except as set forth in SECTION 4.1(C)Section 4.1.5 hereof) shall be binding upon the Collateral Agent or the Lenders unless such authorization is in writing signed by the Collateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (YRC Worldwide Inc.)

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