No Disposition of Collateral. Except to the extent permitted by the Credit Agreements, the Debtor shall not sell, transfer or otherwise dispose of any of the Collateral or any interest therein that is material to the Debtor's business, or grant any license thereunder, except for licenses granted or other dispositions in the ordinary course of business.
Appears in 2 contracts
Samples: Security Agreement (Pillowtex Corp), Security Agreement (Pillowtex Corp)
No Disposition of Collateral. Except to the extent permitted by the Credit Agreements, the Debtor shall not sell, transfer or otherwise dispose of any of the Collateral or any interest therein that is material to the Debtor's business, or grant any license thereunder, except for licenses granted or other dispositions in the ordinary course of business and except to the extent the same is obsolete or no longer useful to Debtor's business.
Appears in 2 contracts
Samples: Security Agreement (Xircom Inc), Security Agreement (Xircom Inc)
No Disposition of Collateral. Except to the extent permitted by the Credit Agreements, the Debtor shall not sell, transfer or otherwise dispose of any of the Collateral or any interest therein that is material to the Debtor's businesstherein, or grant any license thereunder, thereunder except for licenses granted or other dispositions in and as permitted by the ordinary course of businessLicense Agreement.
Appears in 2 contracts
Samples: Intellectual Property Security Agreement and Assignment (Quest Medical Inc), Intellectual Property Security Agreement And (Quest Medical Inc)
No Disposition of Collateral. Except to the extent permitted by the Credit AgreementsAgreement, the Debtor shall not sell, transfer or otherwise dispose of any of the Collateral or any interest therein that is material to the Debtor's business, or grant any license thereunder, except for licenses granted or other dispositions in the ordinary course of business.
Appears in 1 contract
