Common use of No Sales, Liens, Etc Clause in Contracts

No Sales, Liens, Etc. Except as otherwise provided herein, the Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for the filing of any financing statement as required under this Agreement) or with respect to, any Receivable, Related Security or Collections or upon or with respect to any Lock-Box Account to which any Collections of any Receivable are sent, or, in each case, assign any right to receive income in respect thereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Trimas Corp), Receivables Purchase Agreement (Mascotech Inc)

AutoNDA by SimpleDocs

No Sales, Liens, Etc. Except as otherwise provided herein, the such Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for the filing of any financing statement as required under this Agreement) or with respect to, any Receivable, Related Security or Collections or upon or with respect to any Lock-Box Account to which any Collections of any Receivable are sent, or, in each case, assign any right to receive income in respect thereof, other than Permitted Originator Encumbrances.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Trimas Corp)

No Sales, Liens, Etc. Except as otherwise provided herein, the -------------------- Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for or the filing of any financing statement as required under this Agreementstatement) or with respect to, any Receivable, Related Security or Collections or upon or with respect to any Lock-Box Lockbox Account to which any Collections of any Receivable are sent, or, in each case, assign any right to receive income in respect thereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Medpartners Inc)

No Sales, Liens, Etc. Except as otherwise provided herein, the Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for the filing of any financing statement as required under this Agreement) or with respect to, any Receivable, Related Security or Collections or upon or with respect to any Lock-Box Lockbox Account to which any Collections of any Receivable are sent, or, in each case, assign any right to receive income in respect thereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Tyson Foods Inc)

No Sales, Liens, Etc. Except as otherwise provided herein, the such Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for the filing of any financing statement as required under this Agreement) or with respect to, any Receivable, Related Security or Collections or upon or with respect to any Lock-Box Account Ac- count to which any Collections of any Receivable are sent, or, in each case, assign any right to receive income in respect thereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Metaldyne Corp)

No Sales, Liens, Etc. Except as otherwise provided herein, the such Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for or the filing of any financing statement as required under this Agreementstatement) or with respect to, to (x) any Receivableof its Receivables, Related Security or Security, Required Currency Hedge, Collections or upon or Proceeds with respect thereto, (y) any inventory or goods, the sale of which may give rise to a Collection, or (z) any Lock-Box Account to which any Collections of any Receivable of its Receivables are sent, or, in each case, or assign any right to receive income in respect thereof.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Collins & Aikman Corp)

AutoNDA by SimpleDocs

No Sales, Liens, Etc. Except as otherwise provided herein, the Seller will not sell, assign (by operation of law or otherwiseother wise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for or the filing of any financing statement as required under this Agreementstatement) or with respect to, any Receivableinventory or goods, Related Security the sale of which will give rise to a Re ceivable, or Collections any Receivable or related Contract, or upon or with respect to any account which concentrates in a Lock-Box Account Bank to which any Collections of any Receivable are sent, or, in each case, or assign any right to receive re ceive income in respect thereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Imc Global Inc)

No Sales, Liens, Etc. Except as otherwise provided herein, the Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for or the filing of any financing statement as required under this Agreementstatement) or with respect to, any Receivable, Related Security or Collections or upon or with respect to any Lock-Box Lockbox Account to which any Collections of any Receivable are sent, or, in each case, assign any right to receive income in respect thereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Caremark Rx Inc)

No Sales, Liens, Etc. Except as otherwise provided hereinherein and in the other Transaction Documents, the Seller will shall not (i) sell, assign (by operation of law or otherwise) ), charge or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (except for or the filing of any financing statement as required under this Agreementcharge or other security interest over) or with respect to, any Receivable, Related Security or Collections or upon or with respect to any Lock-Box Account to which of the Affected Assets, including any Collections Adverse Claim arising from an Adverse Claim on the proceeds of any Receivable are sent, or, in each case, inventory or goods or (ii) assign any right to receive income in respect thereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adama Agricultural Solutions Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!