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

Sale, Disposition or Encumbrance of Collateral. Except as ---------------------------------------------- expressly permitted pursuant to the provisions of the New Indenture and Article 5 of this Agreement or with Secured Party's prior written consent, Debtor 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.

Appears in 1 contract

Samples: Security Agreement (Shreveport Capital Corp)

AutoNDA by SimpleDocs

Sale, Disposition or Encumbrance of Collateral. Except as ---------------------------------------------- expressly permitted pursuant to the provisions of the New Indenture and Article 5 by Section 4.09 of this Agreement or with Secured Party's prior written consent, no Debtor 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.

Appears in 1 contract

Samples: Security Agreement (HCS Ii Inc)

Sale, Disposition or Encumbrance of Collateral. Except ---------------------------------------------- as ---------------------------------------------- expressly permitted pursuant to the provisions of the New Indenture and Article 5 of this Agreement or with Secured Party's prior written consent, Debtor 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.

Appears in 1 contract

Samples: Security Agreement (HCS Ii Inc)

AutoNDA by SimpleDocs

Sale, Disposition or Encumbrance of Collateral. Except as ---------------------------------------------- expressly permitted pursuant to the provisions of the New Indenture and Article 5 of this Agreement or with Secured Party's prior written consent, Debtor 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.

Appears in 1 contract

Samples: Security Agreement (Shreveport Capital Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.