Common use of Sale or Disposal Clause in Contracts

Sale or Disposal. Mortgagor will not, without the prior written consent of Agent, sell, exchange, lease, transfer, or otherwise dispose of, or cease to operate (or be operator of) or abandon, any part of, or interest in, the Property other than as provided in the Credit Agreement.

Appears in 2 contracts

Samples: Mortgage, Assignment, Security Agreement, Fixture Filing and Financing Statement (Quest Resource Corp), Mortgage, Assignment, Security Agreement, Fixture Filing and Financing Statement (Quest Resource Corp)

AutoNDA by SimpleDocs

Sale or Disposal. Mortgagor will not, without the prior written consent of Collateral Agent, sell, exchange, lease, transfer, or otherwise dispose of, or cease to operate (or be operator of) or abandon, any part of, or interest (legal or equitable) in, the Property other than as provided in permitted by Section 7.05 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Targa Resources Partners LP)

Sale or Disposal. Mortgagor will not, without the prior written consent of Administrative Agent, sell, exchange, lease, transfer, or otherwise dispose of, or cease to operate (or be operator of) of or abandon, any part of, or interest in, the Property other than as provided in permitted by Sections 7.5 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Blueknight Energy Partners, L.P.)

AutoNDA by SimpleDocs

Sale or Disposal. Mortgagor will not, without the prior written consent of AgentMortgagee, sell, exchange, lease, transfer, or otherwise dispose of, or cease to operate (or be operator of) or abandon, any part of, or interest (legal or equitable) in, the Property other than as provided in permitted by Section 7.06 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Targa Resources Investments Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!