Sale or Encumbrance of Accounts. Borrower shall not, without the prior written consent of Lender, sell, transfer, grant a security interest in or otherwise dispose of or encumber any of its Accounts to any Person other than Lender, except for the Permitted Liens.
Appears in 2 contracts
Samples: Purchase of Accounts and Security Agreement (Bam Entertainment Inc), Loan and Security Agreement (Diana Corp)
Sale or Encumbrance of Accounts. Borrower shall not, without the prior written consent of Lender, sell, transfer, grant a security interest in or otherwise dispose of or encumber any of its Accounts to any Person other than Lender, except for the Permitted Liens.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tro Learning Inc), Loan and Security Agreement (Diana Corp)
Sale or Encumbrance of Accounts. Borrower shall not, without the prior written consent of Lender, sell, transfer, grant a security interest in or otherwise dispose of or encumber any of its Accounts to any Person other than CIT and Lender, except for the Permitted Liens.
Appears in 1 contract
Samples: Loan and Security Agreement (Reuter Manufacturing Inc)
Sale or Encumbrance of Accounts. Borrower shall not, without the prior written consent of Lender, sell, transfer, grant a security interest in or otherwise dispose of or encumber any of its Accounts to any Person other than Lender, except for the Permitted Liens. 7.
Appears in 1 contract
