Common use of Protection of Security Interest Clause in Contracts

Protection of Security Interest. (A) The Collateral will not be sold, licensed, transferred, encumbered, pledged, or disposed of or be subjected to any unpaid charge, including taxes, or to any subsequent interest of a third person created or suffered by Ecosphere voluntarily or involuntarily, unless the Lender consents in advance in writing to such charge, transfer, disposition or subsequent interest, and

Protection of Security Interest. (A1) The Collateral will not be sold, licensed, transferred, encumbered, pledged, or disposed of or be subjected to any unpaid charge, including taxes, or to any subsequent interest of a third person created or suffered by Ecosphere the Borrower voluntarily or involuntarily, unless the Lender Secured Party consents in advance in writing to such charge, transfer, disposition or subsequent interest, provided, however, that the Collateral may be sold, leased or licensed to third parties in the ordinary course of the Borrower's business, and

Protection of Security Interest. (A) The Collateral will not be sold, licensed, transferred, encumbered, pledged, or disposed of or be subjected to any unpaid charge, including taxes, or to any subsequent interest of a third person created or suffered by Ecosphere voluntarily or involuntarily, unless the Lender consents in advance in writing to such charge, transfer, disposition or subsequent interest, and

Protection of Security Interest. (Aa) The Collateral will not be sold, licensed, transferred, encumbered, pledged, transferred or disposed of or be subjected to any unpaid charge, including taxes, or to any subsequent interest of a third person created or suffered by Ecosphere Debtor voluntarily or involuntarily, except in the ordinary course of business and if replaced by like quality unless the Lender Collateral Agent consents in advance in writing to such charge, transfer, disposition or subsequent interest, and

Protection of Security Interest. (A) The Collateral will not be sold, licensed, transferred, encumbered, pledged, or disposed of or be subjected to any unpaid charge, including taxes, or to any subsequent interest of a third person created or suffered by Ecosphere VerifyMe voluntarily or involuntarily, unless the Lender consents in advance in writing to such charge, transfer, disposition or subsequent interest, and