Common use of Sale or Disposition of Collateral Clause in Contracts

Sale or Disposition of Collateral. Borrower shall not sell, assign, lease, dispose or otherwise transfer any of the Collateral to any other person or entity without the Lender’s prior written permission.

Appears in 2 contracts

Samples: Business Loan Agreement (Beard Co /Ok), Business Loan Agreement (Beard Co /Ok)

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Sale or Disposition of Collateral. Borrower shall not sell, assign, lease, dispose or otherwise transfer any of the Collateral to any other person or entity without the Lender’s prior written permissionentity.

Appears in 1 contract

Samples: Business Loan Agreement (Beard Co /Ok)

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Sale or Disposition of Collateral. Borrower shall not sell, assign, lease, dispose or otherwise transfer any of the Collateral to any other person or entity without entity, except the Lender’s prior written permissioncollection of Accounts in the ordinary course of business.

Appears in 1 contract

Samples: Loan Agreement (Graymark Healthcare, Inc.)

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