Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for Transfers of worn-out or obsolete equipment.
Appears in 2 contracts
Samples: Venture Loan and Security Agreement (Pharmasset Inc), Venture Loan and Security Agreement (Pharmasset Inc)
Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for for: (i) Transfers of inventory in the ordinary course of business or (ii) Transfers of worn-out or obsolete equipment.
Appears in 1 contract
Samples: Venture Loan and Security Agreement (Sunesis Pharmaceuticals Inc)
Other Dispositions of Collateral. Convey, sell, lease or otherwise dispose of all or any part of the Collateral to any Person (collectively, a “Transfer”), except for for: (i) Transfers of inventory in the ordinary course of business; or (ii) Transfers of worn-out or obsolete equipment.
Appears in 1 contract
Samples: Venture Loan and Security Agreement (eXegenics Inc)
