Permitted dealings. The Grantor may do any of the following in the ordinary course of the Grantor’s ordinary business unless it is prohibited from doing so by another provision in a Transaction Document: (a) create or allow another interest in, or dispose or part with possession of, any Collateral which is a Revolving Asset; or (b) withdraw or transfer money from an account with a bank or other financial institution.
Appears in 3 contracts
Samples: General Security Agreement, General Security Agreement, General Security Agreement
Permitted dealings. The Grantor may do any of the following in the ordinary course of the Grantor’s ordinary business unless it is prohibited from doing so by another provision in a Transaction Finance Document:
(a) create or allow another interest in, or dispose or part with possession of, any Collateral Secured Property which is a Revolving Asset; or
(b) withdraw or transfer money from an account with a bank or other financial institution.
Appears in 2 contracts
Samples: General Security Agreement (Discovery Energy Corp.), General Security Agreement (Discovery Energy Corp.)
Permitted dealings. The A Grantor may do any of the following in the ordinary course of the Grantor’s ordinary business unless it is prohibited from doing so by another provision in a Transaction Documentbusiness:
(ai) create or allow another interest in, or dispose or part with possession of, any Collateral which is a Revolving Asset; orand
(bii) withdraw or transfer money from an account with a bank or other financial institution.
Appears in 1 contract
Samples: Electricity Supply and Sale Agreement (Mawson Infrastructure Group Inc.)
Permitted dealings. The Grantor may do any of the following in the ordinary course of the Grantor’s ordinary business unless it is prohibited from doing so by another provision in a Transaction Document:
(a) create or allow another interest in, or dispose or part with possession of, any Collateral which is a Revolving Asset; or
(b) withdraw or transfer money from an account with a bank or other financial institution.
Appears in 1 contract
Permitted dealings. The Each Grantor may do any of the following in the ordinary course of the that Grantor’s ordinary business unless it is prohibited from doing so by another provision in a Transaction Project Document:
(a) create or allow another interest in, or dispose or part with possession of, any Collateral Secured Property which is a Revolving Asset; or
(b) withdraw or transfer money from an account with a bank or other financial institution.
Appears in 1 contract
Samples: General Security Agreement
