Common use of No Disposal of Interests Clause in Contracts

No Disposal of Interests. The Company undertakes that it shall not (and shall not agree to) at any time during the subsistence of this Debenture, except as not expressly prohibited under the terms of the Indentures: 7.2.1 execute any conveyance, disposition, transfer, lease, assignment or assignation of, or other right to use or occupy, all or any part of the Charged Property; 7.2.2 create any legal or equitable estate or heritable interest or other interest in, or over, or otherwise relating to, all or any part of the Charged Property; or (a) grant or vary, or accept any surrender, or cancellation or renunciation or disposal of, any lease, tenancy, licence, consent or other right to use or occupy in relation to any of the Charged Property or (b) allow any person any right to use or occupy or to become entitled to assert any proprietary interest in, or right over, the Charged Property, which may, in each case, adversely affect the ability of the Security Trustee to exercise any of the Collateral Rights.

No Disposal of Interests. The Company Chargor undertakes that it shall not (and shall not agree to) at any time during the subsistence of this Debenture, except for any Asset Sale or other transfer or disposition as not expressly prohibited under permitted pursuant to the terms of the IndenturesIndenture Documents or by this Clause 7: 7.2.1 execute any conveyance, disposition, transfer, lease, lease or assignment or assignation of, or other right to use or occupy, all or any part of the Charged Property; 7.2.2 create any legal or equitable estate or heritable interest or other interest in, or over, or otherwise relating to, all or any part of the Charged Property; or; (a) grant or vary, or accept any surrender, or cancellation or renunciation or disposal of, any lease, tenancy, licence, consent or other right to use or occupy in relation to any of the Charged Property or (b) allow any person any right to use or occupy or to become entitled to assert any proprietary interest in, or right over, the Charged Property, which may, in each case, adversely affect the value of any of the Charged Property or the ability of the Security Trustee to exercise any of the Collateral Rights.; or 7.2.4 assign or otherwise dispose of any interest in any Account

No Disposal of Interests. The Each Company undertakes that it shall not (and shall not agree to) at any time during the subsistence of this DebentureDebenture or any Mortgage, except as not expressly prohibited under the terms of the Indentures: 7.2.1 execute any conveyance, disposition, transfer, lease, assignment or assignation of, or other right to use or occupy, all or any part of the Charged Property; 7.2.2 create any legal or equitable estate or heritable interest or other interest in, or over, or otherwise relating to, all or any part of the Charged Property; or (a) grant or vary, or accept any surrender, or cancellation or renunciation or disposal of, any lease, tenancy, licence, consent or other right to use or occupy in relation to any of the Charged Property or (b) allow any person any right to use or occupy or to become entitled to assert any proprietary interest in, or right over, the Charged Property, which may, in each case, adversely affect the ability of the Security Trustee to exercise any of the Collateral Rights.