Common use of Other Dispositions of Collateral Clause in Contracts

Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose of, or permit any Subsidiary to convey, sell, lease or otherwise dispose, of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for: (a) Transfers of inventory in the ordinary course of business; (b) Transfers of worn-out or obsolete equipment made in the ordinary course of business; and (c) Transfers permitted under subclause (g) of the definition of Permitted Liens with respect to Collateral.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (IMV Inc.), Venture Loan and Security Agreement (Celsion CORP)

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Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose of, or permit any Subsidiary to convey, sell, lease or otherwise dispose, of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for: (a) Transfers of inventory in the ordinary course of business; and (b) Transfers of worn-out or obsolete equipment made in the ordinary course of business; and (c) Transfers permitted under subclause (g) of the definition of Permitted Liens with respect to Collateral.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (D-Wave Quantum Inc.)

Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose ofdispose, or permit any Subsidiary to convey, sell, lease or otherwise dispose, of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for: (a) Transfers of inventory in the ordinary course of business; (b) Transfers of worn-out or obsolete equipment made in the ordinary course of business; and (c) Transfers permitted under subclause (gf) of the definition of Permitted Liens with respect to Collateral.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Argos Therapeutics Inc)

Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose ofdispose, or permit any Subsidiary to convey, sell, lease or otherwise dispose, of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for: (a) Transfers of inventory in the ordinary course of business; (b) Transfers of worn-out or obsolete equipment made in the ordinary course of business; and (c) Transfers permitted under subclause (g) of the definition of Permitted Liens with respect to CollateralCollateral and (d) Permitted Licenses.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Interleukin Genetics Inc)

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Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose of, or permit any Subsidiary to convey, sell, lease or otherwise dispose, of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for: (a) Transfers of inventory in the ordinary course of business; (b) Transfers of worn-out or obsolete equipment made in the ordinary course of business; and (c) Transfers permitted under subclause (g) of the definition of in connection with Permitted Liens with respect to Collateraland Permitted Investments.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (CVRx, Inc.)

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