Restrictions on dealing. The Chargor shall not (except as permitted under the Credit Agreement):- (a) create or permit to subsist any Security Interest on any Security Asset other than any Security Interest created by this Deed; or (b) sell, transfer, grant, or lease or otherwise dispose of any Security Asset, except for the disposal in the ordinary course of trade of any Security Asset subject to the floating charge created under Clause 3.1 (Creation of floating charge).
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Samples: Credit Facility Agreement (System Energy Resources Inc), Credit Facility Agreement (Entergy London Capital Lp)
Restrictions on dealing. The Chargor shall not (except as permitted under the Credit Agreement):- not:
(a) create or permit to subsist any Security Interest on any Security Asset other than any Security Interest created by this DeedDebenture or any Permitted Security Interest; or or
(b) sell, transfer, grant, or lease or otherwise dispose of any Security Asset, except for the disposal in the ordinary course of trade of any Security Asset subject to the floating charge charges created under Clause Clauses 3.1 and 3.3 (Creation of first floating charge) and Clause 3.2 and 3.4 (Creation of second floating charge).
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Samples: Debenture (British Energy Group PLC)
Restrictions on dealing. The Chargor shall not (except as permitted under the Credit Agreement):- not:
(a) create or permit to subsist any Security Interest on any Security Asset other than any the Security Interest created by this DeedMortgage of Shares; or or
(b) sell, transfer, grant, or lease transfer or otherwise dispose of any Security Assetof, except for the disposal in the ordinary course of trade of any Security Asset subject other than a Permitted Transfer; or
(c) take or permit the taking of any action which would reasonably be likely to result in the floating charge created under Clause 3.1 (Creation rights attaching to any of floating charge)the Security Assets being altered or further shares in the Borrower being issued.
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Restrictions on dealing. The Chargor shall not (except as permitted under the Credit Agreement):- not:
(a) create or permit to subsist any Security Interest on any Security Asset other than any Security Interest created by this Deed; or or
(b) sell, transfer, grant, or lease or otherwise dispose of any Security Asset, except for the disposal in the ordinary course of trade of any Security Asset subject to the floating charge created under Clause 3.1 (Creation of floating charge).
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