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 Lender or other conduct of the Lender, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any other Secured Party unless such authorization is in writing signed by the Lender.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Franklin Covey Co), Pledge and Security Agreement (Arotech Corp), Pledge and Security Agreement (InfuSystem Holdings, 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) and notwithstanding any course of dealing between any Grantor and the Lender or other conduct of the Lender, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any other Secured Party unless such authorization is in writing signed by the Lender.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Rand Worldwide Inc), Pledge and Security Agreement (Macquarie CNL Global Income Trust, 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) 4.1.5 hereof and notwithstanding any course of dealing between any the Grantor and the Lender or other conduct of the Lender, 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 Lender or any other Secured Party unless such authorization is in writing signed by the Lender.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Proassurance Corp), 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 Section 4.1(d) and notwithstanding any course of dealing between any Grantor and the Lender or other conduct of the Lender, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any other Secured Party Parties unless such authorization is in writing signed by the Lender.

Appears in 2 contracts

Samples: Security Agreement (Skyline Corp), Pledge and Security Agreement (Par Technology Corp)

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) and notwithstanding any course of dealing between any Grantor and the Lender Secured Party or other conduct of the LenderSecured Party, 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 Lender or any other Secured Party unless such authorization is in writing signed by the LenderSecured Party.

Appears in 2 contracts

Samples: Credit Agreement (Harte Hanks Inc), Pledge Agreement

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) 4.1.5 hereof and notwithstanding any course of dealing between any the Grantor and the Lender Secured Party or other conduct of the LenderSecured Party, 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 Lender or any other Secured Party unless such authorization is in writing signed by the LenderSecured Party.

Appears in 2 contracts

Samples: Pledge and Security Agreement (KonaRed Corp), Pledge and Security Agreement (Acusphere 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 Lender or other conduct of the Lender, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any the other Secured Party Parties unless such authorization is in writing signed by the Lender.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Mam Software Group, Inc.), Pledge and Security Agreement (Mam Software 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(d4.2(e) and notwithstanding any course of dealing between any Grantor and the Lender Secured Party or other conduct of the LenderSecured Party, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d4.2(e)) shall be binding upon the Lender or any other Secured Party unless such authorization is in writing signed by the LenderSecured Party.

Appears in 1 contract

Samples: Security Agreement (Harte Hanks Inc)

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Dispositions Not Authorized. No Neither 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 such Grantor and the Lender or other conduct of the Lender, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any other Secured Party unless such authorization is in writing signed by the Lender.

Appears in 1 contract

Samples: Pledge and Security Agreement (Servicesource 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(d4.2(e) and notwithstanding any course of dealing between any Grantor and the Lender or other conduct of the Lender, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d4.2(e)) shall be binding upon the Lender or any other Secured Party unless such authorization is in writing signed by the Lender.

Appears in 1 contract

Samples: Pledge and Security Agreement (Electronic Cigarettes International Group, Ltd.)

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 such Grantor and the Lender Secured Party or other conduct of the LenderSecured Party, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any other Secured Party unless such authorization is in writing signed by the LenderSecured Party.

Appears in 1 contract

Samples: Pledge and Security Agreement (SWK Holdings Corp)

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 Lender Secured Parties or other conduct of the LenderSecured Parties, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any other Secured Party Parties unless such authorization is in writing signed by the LenderSecured Parties.

Appears in 1 contract

Samples: 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) and notwithstanding any course of dealing between any Grantor and the Lender Secured Party or other conduct of the LenderSecured Party, no authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Lender or any other Secured Party or the Lenders unless such authorization is in writing signed by the LenderSecured Party with the consent or at the direction of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Synergy Resources Corp)

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