Common use of RESTRICTIONS ON COLLATERAL TRANSFER Clause in Contracts

RESTRICTIONS ON COLLATERAL TRANSFER. Borrower will not sell, lease, license or otherwise transfer (including by granting security interests, liens, or other encumbrances in) all or any part of the Collateral or Borrower’s interest in the Collateral without Secured Party’s written or electronically communicated approval, except that Borrower may sell inventory in the ordinary course of business on customary terms. Borrower may collect and use amounts due on accounts and other rights to payment arising or created in the ordinary course of business, until notified otherwise by Secured Party in writing or by electronic communication.

RESTRICTIONS ON COLLATERAL TRANSFER. Borrower Debtor will not sell, lease, license or otherwise transfer (including by granting security interests, liens, or other encumbrances in) all or any part of the Collateral or BorrowerDebtor’s interest in the t he Collateral without Secured Party’s written or electronically communicated approval, except that Borrower Debtor may sell inventory in the ordinary course of business on customary terms. Borrower Debtor may collect and use amounts due on accounts and other rights to payment arising or created in the ordinary course of business, until notified otherwise by Secured Party in writing or by electronic communication.

RESTRICTIONS ON COLLATERAL TRANSFER. Borrower will not sell, lease, license or otherwise transfer (including by granting security interests, liens, or other encumbrances in) all or any part of the Collateral or Borrower’s 's interest in the Collateral without Secured Party’s 's written or electronically communicated approval, except that Borrower may sell inventory in the ordinary course of business on customary terms. Borrower may collect and use amounts due on accounts and other rights to payment arising or created in the ordinary course of business, until notified otherwise by Secured Party in writing or by electronic communication.

RESTRICTIONS ON COLLATERAL TRANSFER. Borrower Debtor will not sell, lease, license or otherwise transfer (including by granting security interests, liens, or other encumbrances in) all or any part of the Collateral or BorrowerDebtor’s interest in the Collateral without Secured Party’s 's written or electronically communicated approval, except that Borrower Debtor may sell inventory in the ordinary course of business on customary terms. Borrower Debtor may collect and use amounts due on accounts and other rights to payment arising or created in the ordinary course of business, until notified otherwise by Secured Party in writing or by electronic communication.

RESTRICTIONS ON COLLATERAL TRANSFER. Borrower will not sell, leaselease , license or otherwise transfer (including by granting security interests, liens, or other encumbrances in) all or any part of the Collateral or Borrower’s ' s interest in the Collateral without Secured Party’s 's written or electronically communicated approval, except that Borrower may sell inventory in the ordinary course of business on customary terms. Borrower may collect and use amounts due on accounts and other rights to payment arising or created in the ordinary course of business, until notified otherwise by Secured Party in writing or by electronic communication.

RESTRICTIONS ON COLLATERAL TRANSFER. Borrower Debtor will not sell, lease, license or otherwise transfer (including by granting security interests, liens, or other encumbrances in) all or any part of the Collateral or Borrower’s Debtor's interest in the Collateral without Secured Party’s 's written or electronically communicated approval, except that Borrower Debtor may sell inventory in the ordinary course of business on customary terms. Borrower Debtor may collect and use amounts due on accounts and other rights to payment arising or created in the ordinary course of business, until notified otherwise by Secured Party in writing or by electronic communication.