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: Credit Agreement (Pillowtex Corp), Term Credit 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 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 (Quest Medical Inc), Intellectual Property Security Agreement (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
