Common use of Restrictions on Future Agreements Clause in Contracts

Restrictions on Future Agreements. Borrower agrees that until Borrower's Liabilities shall have been satisfied in full and the Financing Agreements shall have been terminated, Borrower shall not, without the prior written consent of Lender, sell or assign its interest in any Trademark or enter into any other agreement with respect to any Trademark which would affect the validity or enforcement of the rights transferred to Lender under this Security Agreement.

Appears in 4 contracts

Samples: Trademark Security Agreement (Novitron International Inc), Trademark Security Agreement (Novitron International Inc), Trademark Security Agreement (Singing Machine Co Inc)

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Restrictions on Future Agreements. Borrower agrees that until Borrower's Liabilities shall ’s obligations under the Agreement and Note have been satisfied in full and the Financing Agreements shall have been terminatedfull, Borrower shall not, without the prior written consent of LenderAgent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Lender Lenders under this Security Agreement.

Appears in 2 contracts

Samples: Technology Escrow Agreement (Gogo Inc.), Technology Escrow Agreement (Gogo Inc.)

Restrictions on Future Agreements. Borrower agrees that until Borrower's Liabilities shall have been satisfied in full and the Financing Agreements shall have been terminated, Borrower shall not, without the prior written consent of Lender, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Lender under this Security Agreement.

Appears in 1 contract

Samples: Patent Security Agreement (Novitron International Inc)

Restrictions on Future Agreements. Borrower agrees that until Borrower's Liabilities shall have been satisfied in full and the Financing Agreements shall have been terminated, Borrower shall not, without the prior written consent of LenderAgent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Lender Agent under this Security Agreement.

Appears in 1 contract

Samples: Patent Security Agreement (Easy Gardener Products LTD)

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Restrictions on Future Agreements. Borrower agrees that until Borrower's Liabilities shall have been satisfied in full and the Financing Agreements shall have been terminated, Borrower shall not, without the prior written consent of LenderAgent, sell or assign its interest in any Trademark Copyright or enter into any other agreement with respect to any Trademark Copyright which would adversely affect the validity or enforcement of the rights transferred to Lender Agent under this Security Agreement.

Appears in 1 contract

Samples: Copyright Security Agreement (Easy Gardener Products LTD)

Restrictions on Future Agreements. Borrower agrees that until Borrower's Liabilities shall have been satisfied in full and the Financing Agreements shall have been terminated, Borrower shall not, without the prior written consent of LenderAgent, sell or assign its interest in any Trademark or enter into any other agreement with respect to any Trademark which would affect the validity or enforcement of the rights transferred to Lender Agent under this Security Agreement.

Appears in 1 contract

Samples: Trademark Security Agreement (Easy Gardener Products LTD)

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