Common use of Sale, Disposition or Encumbrance of Collateral Clause in Contracts

Sale, Disposition or Encumbrance of Collateral. Except to the extent authorized pursuant to Sections 6.3 and 6.13 of the Loan Agreement, Debtor shall not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than Secured Party, without the prior written consent of Secured Party.

Appears in 3 contracts

Samples: Security Agreement (BLC Financial Services Inc), Security Agreement (BLC Financial Services Inc), Security Agreement (BLC Financial Services Inc)

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Sale, Disposition or Encumbrance of Collateral. Except as permitted pursuant to the extent authorized pursuant to Sections 6.3 and 6.13 provisions of the Loan AgreementIndenture and by Section 4.09 of this Agreement or with Secured Party's prior written consent, Debtor shall will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than Secured Party, without the prior written consent of Secured Party.

Appears in 2 contracts

Samples: Security Agreement (HCS Ii Inc), Intercompany Security Agreement (HWCC Shreveport Inc)

Sale, Disposition or Encumbrance of Collateral. Except as ---------------------------------------------- permitted pursuant to the extent authorized pursuant to Sections 6.3 and 6.13 provisions of the Loan AgreementIndenture and by Section 4.09 of this Agreement or with Secured Party's prior written consent, Debtor shall will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than Secured Party, without the prior written consent of Secured Party.

Appears in 2 contracts

Samples: Security Agreement (HWCC Shreveport Inc), Intercompany Security Agreement (HWCC Shreveport Inc)

Sale, Disposition or Encumbrance of Collateral. Except as expressly permitted pursuant to the extent authorized pursuant to Sections 6.3 and 6.13 provisions of the Loan AgreementIndenture and Article 5 of this Agreement or with Secured Party's prior written consent, Debtor shall Debtors will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, substitute, replace, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than Secured Party, without the prior written consent of Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Herbst Gaming Inc), Security Agreement (Herbst Gaming Inc)

Sale, Disposition or Encumbrance of Collateral. Except to the extent authorized pursuant to Sections 6.3 and 6.13 of the Loan Agreementas permitted by Section 4.10 or with Secured Party's prior written consent, Debtor shall will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than Secured Party, without the prior written consent of Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Kinder Morgan Energy Partners Lp), Guaranty Agreement (Midcoast Energy Resources Inc)

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Sale, Disposition or Encumbrance of Collateral. Except as permitted pursuant to the extent authorized pursuant to Sections 6.3 and 6.13 provisions of the Loan AgreementIndenture, by Section 4.09 of this Agreement or with Secured Party's prior written consent, ------------ Debtor shall will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than Secured Party, without the prior written consent of Secured Party.

Appears in 1 contract

Samples: Security Agreement (HWCC Shreveport Inc)

Sale, Disposition or Encumbrance of Collateral. Except as ---------------------------------------------- permitted pursuant to the extent authorized pursuant to Sections 6.3 and 6.13 provisions of the Loan AgreementIndenture or with Secured Party's prior written consent, Debtor shall will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease assign or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than Secured Party, without the prior written consent of Secured Party.

Appears in 1 contract

Samples: Security Agreement (HWCC Shreveport Inc)

Sale, Disposition or Encumbrance of Collateral. Except to with Secured Party's prior written consent and except for the extent authorized pursuant to Sections 6.3 and 6.13 of the Loan AgreementSubordinate Security Interest, Debtor shall will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person person or entity other than Secured Party, without the prior written consent of Secured Party.

Appears in 1 contract

Samples: Security Agreement (Western Pacific Airlines Inc /De/)

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