Common use of No Interference, Compensation or Expense Clause in Contracts

No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by Grantor and (b) without payment of any rent, license fee, or compensation of any kind to Grantor.

Appears in 3 contracts

Samples: Credit Agreement (Powersecure International, Inc.), Credit Agreement (Powersecure International, Inc.), Security Agreement (Powersecure International, Inc.)

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No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by Grantor Debtor and (b) without payment of any rent, license fee, fee or compensation of any kind to GrantorDebtor.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement and Assignment (Quest Medical Inc), Intellectual Property Security Agreement And (Quest Medical Inc)

No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by Grantor any Debtor and (b) without payment of any rent, license fee, or compensation of any kind to Grantorany Debtor.

Appears in 2 contracts

Samples: Security Agreement (Fisher Communications Inc), Credit Agreement (Crosstex Energy Lp)

No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by Grantor Borrower except to the extent Borrower has valid defenses and (b) without payment of any rent, license fee, fee or compensation of any kind to GrantorBorrower.

Appears in 1 contract

Samples: Security Agreement (Viseon Inc)

No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by Grantor Debtor and (b) without payment of any rent, license fee, or compensation of any kind to GrantorDebtor.

Appears in 1 contract

Samples: Security Agreement (PMC Commercial Trust /Tx)

No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by any Grantor and (b) without payment of any rent, license fee, or compensation of any kind to any Grantor.

Appears in 1 contract

Samples: Credit Agreement (BG Staffing, Inc.)

No Interference, Compensation or Expense. Secured Party may exercise its rights under or with respect to this Security Agreement (a) without resistance or interference by Grantor Debtor and (b) without payment of any rent, license fee, fee or compensation of any kind to GrantorDebtor.

Appears in 1 contract

Samples: Security Agreement (Sentio Healthcare Properties Inc)

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No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by Grantor any Pledgor and (b) without payment of any rent, license fee, or compensation of any kind to Grantorany Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Penson Worldwide Inc)

No Interference, Compensation or Expense. Secured Party may exercise its rights under this Agreement (a) without resistance or interference by any Grantor except to the extent such Grantor has valid defenses, and (b) without payment of any rent, license fee, fee or compensation of any kind to any Grantor.

Appears in 1 contract

Samples: Patent, Trademark and Copyright Security Agreement (Overhill Farms Inc)

No Interference, Compensation or Expense. Secured Party may exercise its rights Rights under this Security Agreement (a) without resistance or interference by Grantor Debtor and (b) without payment of any rent, license fee, fee or compensation of any kind to GrantorDebtor.

Appears in 1 contract

Samples: Security Agreement (Iwl Communications Inc)

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