During the Security Period Clause Samples

During the Security Period the Borrowers shall not, without the prior written consent of the Security Agent, assign or attempt to assign any right (present, future or contingent) relating to the Secured Property and each Borrower irrevocably and unconditionally confirms to the Security Agent that no right (present, future or contingent) relating to the Secured Property shall be capable of being assigned to, or exercised by, a person other than the Borrowers without the Security Agent's prior written consent.

During the Security Period the Borrower shall not and shall procure that the Owners (and, if applicable, Owner Trustees) and the Intermediate Lessors do not make any withdrawal from any Lease Reserve Account other than as permitted or required under sub-clause 9.3.3.

During the Security Period the Borrower shall provide the Lender with rights of first offer and first refusal for any and all non-convertible future debt or loan financing, 14 days prior to the time that such requests are provided to other financing sources. Should the Lender and the Borrower fail to agree on the terms and conditions of such financing within five (5) Business Days, then the Borrower may accept a funding source other than the Lender. These rights of first offer and first refusal shall not apply with respect to a convertible loan, convertible securities or convertible debt extended by third parties or debts extended by current shareholders of the Borrower provided, however, that such shareholders execute a subordination agreement in a form satisfactory to the Lender.