Common use of No Transfer of Collateral Clause in Contracts

No Transfer of Collateral. No Grantor shall sell, offer to sell, dispose of, convey, assign or otherwise transfer, or grant any option with respect to, restrict, or grant, create, permit or suffer to exist any Lien on, any of the Collateral pledged by it hereunder or any interest therein except as permitted by the Loan Agreement.

Appears in 2 contracts

Samples: Security Agreement (Medicine Man Technologies, Inc.), Guaranty and Security Agreement (Galaxy Gaming, Inc.)

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No Transfer of Collateral. No Grantor shall sell, offer to sell, dispose of, convey, assign or otherwise transfer, or grant any option with respect to, restrict, or grant, create, permit or suffer to exist any Lien on, any of the Collateral pledged by it hereunder or any interest therein except as permitted by the Loan AgreementIndenture.

Appears in 1 contract

Samples: Security Agreement (Medicine Man Technologies, Inc.)

No Transfer of Collateral. No Grantor shall sell, offer to sell, dispose of, convey, assign or otherwise transfer, or grant any option with respect to, restrict, or grant, create, permit or suffer to exist any Lien on, any of the Collateral pledged by it hereunder or any interest therein except to the extent as expressly permitted by the Loan AgreementAgreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (New Enterprise Stone & Lime Co., Inc.)

No Transfer of Collateral. No Grantor shall sell, offer to sell, dispose of, convey, assign or otherwise transfer, or grant any option with respect to, restrict, or grant, create, permit or suffer to exist any Lien on, any of the Collateral pledged by it hereunder or any interest therein except to the extent as expressly permitted by the Loan AgreementAgreements.

Appears in 1 contract

Samples: Security Agreement (New Enterprise Stone & Lime Co., Inc.)

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No Transfer of Collateral. No Grantor shall (and shall not cause anyone else to) sell, offer to sell, dispose of, convey, assign or otherwise transfer, or grant any option with respect to, restrict, or grant, create, permit or suffer to exist any Lien on, any of the Collateral pledged by it hereunder or any interest therein except as permitted by other than in accordance with the Loan Agreementterms of the Amended and Restated Credit Agreement and the Intercreditor/Agreement Among Lenders.

Appears in 1 contract

Samples: Omnibus Guaranty and Security Agreement (Icahn Carl C)

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