Common use of RESTRICTIONS ON DEALINGS Clause in Contracts

RESTRICTIONS ON DEALINGS. No Chargor may: (a) create or permit to subsist any Security Interest on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit Agreement.

Appears in 4 contracts

Samples: Credit Facility Agreement (Halliburton Co), Partnership Agreement (Centex Development Co Lp), Supplemental Agreement (Centex Development Co Lp)

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RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit to subsist any Security Interest on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit Agreement.

Appears in 3 contracts

Samples: Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)

RESTRICTIONS ON DEALINGS. No Chargor may: (a) create or permit to subsist any Security Interest Lien on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed not prohibited under section 7.01 (Liens) or section 7.05 (Dispositions), in each case, of the Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (Gates Global Inc.), Security Agreement (St. Augustine Real Estate Holding LLC)

RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit to subsist any Security Interest Encumbrance on any Security Asset; or (b) sell, transfer, licencelicense, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit AgreementTrust Deed or the Conditions.

Appears in 2 contracts

Samples: Security Agreement (GCL Silicon Technology Holdings Inc.), Security Agreement (GCL Silicon Technology Holdings Inc.)

RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit allow to subsist any Security Interest (other than this Deed) on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit Agreement.

Appears in 2 contracts

Samples: Mortgage of Shares (Warp Technology Holdings Inc), Mortgage of Shares (Warp Technology Holdings Inc)

RESTRICTIONS ON DEALINGS. No Chargor may: (a) create or permit to subsist any Security Interest Lien on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed not prohibited under the Credit AgreementIndenture.

Appears in 2 contracts

Samples: Security Agreement (Gates Global Inc.), Security Agreement (Gates Engineering & Services FZCO)

RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit to subsist any Security Interest on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit AgreementFinance Documents.

Appears in 2 contracts

Samples: Security Agreement (Yingli Green Energy Holding Co LTD), Account Charge (Yingli Green Energy Holding Co LTD)

RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit allow to subsist any Security Interest security interest (other than this Deed) on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit Agreement.

Appears in 1 contract

Samples: Mortgage of Shares (Inyx Inc)

RESTRICTIONS ON DEALINGS. No Chargor may: (a) create or permit allow to subsist exist any Security Interest on any Security Assetof its assets; or (b) sell, transfer, licence, lease either in a single transaction or otherwise in a serious of transactions and whether related or not and whether voluntarily or involuntarily dispose of all or any Security Assetpart of its assets, except as expressly allowed unless permitted under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Mimecast LTD)

RESTRICTIONS ON DEALINGS. No Chargor may: (a) create or permit to subsist any Security Interest on any Security Assetof its assets; or (b) either in a single transaction or in a series of transactions and whether related or not and whether voluntarily or involuntarily sell, lease, transfer, licence, lease redeem or otherwise dispose of all or any Security Assetpart of its assets, except as expressly allowed unless permitted under the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Novelis South America Holdings LLC)

RESTRICTIONS ON DEALINGS. No Chargor may: (a) create or permit to subsist any Security Interest on any Security Assetof its assets; or (b) either in a single transaction or in a series of transactions and whether related or not and whether voluntarily or involuntarily sell, lease, transfer, licence, lease redeem or otherwise dispose of all or any Security Assetpart of its assets, except as expressly allowed unless permitted under the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Novelis South America Holdings LLC)

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RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit to subsist any Security Interest on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except save as expressly allowed permitted under the Credit AgreementLoan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Patheon Inc)

RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit to subsist any Security Interest on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under Asset other than in accordance with clause 4 (Application of proceeds) of schedule 3 (The Security Trustee) of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement

RESTRICTIONS ON DEALINGS. No Chargor mayshall: (ai) create or permit to subsist any Security Interest of whatsoever nature on any Security AssetAsset other than a Permitted Security Interest or as created by this Deed; or (bii) sell, transfer, licencegrant, 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 by Clause 3.1 and except as expressly allowed provided for under the Credit AgreementFinance Documents.

Appears in 1 contract

Samples: Deed of Debenture (Atchison Casting Corp)

RESTRICTIONS ON DEALINGS. No Chargor may: (a) create or permit to subsist any Security Interest on any Security Charged Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Charged Asset, except as expressly allowed under the Credit AgreementFacility Letter or this Deed.

Appears in 1 contract

Samples: Security Agreement

RESTRICTIONS ON DEALINGS. No The Chargor maymust not: (a) create or permit to subsist any Security Interest on any Security Asset; or (b) sell, transfer, licencelicense, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit Facility Agreement.

Appears in 1 contract

Samples: Account Charge (eHi Car Services LTD)

RESTRICTIONS ON DEALINGS. No The Chargor maymay not: (a) create or permit to subsist any Security Interest on any Security Asset; or (b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit Intercreditor Agreement.

Appears in 1 contract

Samples: Security Agreement

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