No Transfers or Encumbrances. During the term of this Agreement, Borrower will not transfer or otherwise encumber any interest in the Collateral, except for nonexclusive licenses granted by Borrower in the ordinary course of business or as set forth in this Agreement and the Permitted Liens.
Appears in 3 contracts
Samples: Loan and Security Agreement (Watchguard Technologies Inc), Loan and Security Agreement (Watchguard Technologies Inc), Loan and Security Agreement (Watchguard Technologies Inc)
No Transfers or Encumbrances. During the term of this Agreement, Borrower will not transfer or otherwise encumber any interest in the Collateral, except for nonexclusive non-exclusive licenses granted by Borrower in the ordinary course of business or as set forth in this Agreement and the Permitted Liens.
Appears in 1 contract
Samples: Loan and Security Agreement (Cascade Microtech Inc)
