Common use of NO TRANSFER OR INCONSISTENT AGREEMENTS Clause in Contracts

NO TRANSFER OR INCONSISTENT AGREEMENTS. Without the Bank's prior written consent, the Assignor will not (i) mortgage, pledge, assign, encumber, grant a security interest in, transfer, license or alienate any of the Patent Collateral, or (ii) enter into any agreement (for example, a license agreement) that is inconsistent with the Assignor's obligations under this Patent Agreement or the Security Agreement other than the licensing of Patent Collateral by the Assignor in the ordinary course of its business.

NO TRANSFER OR INCONSISTENT AGREEMENTS. Without the Bank's prior written consent, the Assignor Assignors will not (i) mortgage, pledge, assign, encumber, grant a security interest in, transfer, license or alienate any of the Patent Collateral, or (ii) enter into any agreement (for example, a license agreement) that is inconsistent with the Assignor's Assignors' obligations under this Patent Agreement or the Security Agreement other than the licensing of Patent Collateral Agreements. The Bank will not unreasonably delay in responding to any request by the Assignor in the ordinary course of its businessAssignors for a consent to any action prohibited by this Section 4.

NO TRANSFER OR INCONSISTENT AGREEMENTS. Without the BankLender's prior written consentconsent and except for licenses of the Patent Collateral in the ordinary course of the Assignor's business consistent with its past practices, the Assignor will not (ia) mortgage, pledge, assign, encumber, grant a security interest in, transfer, license or alienate any of the Patent Collateral, or (iib) enter into any agreement (for example, a license agreement) that is inconsistent with the Assignor's obligations under this Patent Agreement or the Security Agreement other than the licensing of Patent Collateral by the Assignor in the ordinary course of its businessLoan Agreement.

NO TRANSFER OR INCONSISTENT AGREEMENTS. Without the Bank's prior written consent, the Assignor will not (i) mortgage, pledge, assign, encumber, grant a security interest in, transfer, license or alienate any of the Patent Collateral, or (ii) enter into any agreement (for example, a license agreement) that is inconsistent with the Assignor's Assignors' obligations under this Patent Agreement or the Security Agreement other than the licensing of Patent Collateral Agreement. The Bank will not unreasonably delay in responding to any request by the Assignor in the ordinary course of its businessfor a consent to any action prohibited by this Section 4.