Common use of Sale or Encumbrance Clause in Contracts

Sale or Encumbrance. Except as permitted by the Credit Agreement, the Grantor will not sell, encumber or otherwise dispose of any of the Tangible Personalty except to incorporate such into the Improvements or replace such with goods of quality and value at least equal to that replaced. In the event the Grantor sells or otherwise disposes of any of the Tangible Personalty in contravention of the foregoing sentence, the Administrative Agent's security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Security Instrument.

Sale or Encumbrance. Except as otherwise permitted by in the Credit Agreement, the Grantor will not sell, encumber or otherwise dispose of any of the Tangible Personalty except to the incorporate such into the Improvements or replace such with goods of quality and value at least equal to that replaced. In Provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible Personalty in contravention of Personalty, except to the foregoing sentence, extent permitted by the Administrative Agent's security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Security Instrument.Credit

Sale or Encumbrance. Except as otherwise permitted by in the Credit Agreement, the Grantor will not sell, encumber or otherwise dispose of any of the Tangible Personalty except to incorporate such into the Improvements or replace such with goods of quality and value at least equal to that replaced. In ; provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible Personalty in contravention of the foregoing sentencePersonalty, the Administrative Agent's ’s security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Security InstrumentDeed of Trust.

Sale or Encumbrance. Except as otherwise permitted by in the Credit Agreement, the Grantor will not sell, encumber or otherwise dispose of any of the Tangible Personalty except to incorporate such into the Improvements or replace such with goods of quality and value at least equal to that replaced. In Provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible Personalty in contravention of except to the foregoing sentenceextent permitted by the Credit Agreement, the Administrative Agent's security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Security InstrumentMortgage.

Sale or Encumbrance. Except as otherwise permitted by in the Credit Agreement, the Grantor will not sell, encumber or otherwise dispose of any of the Tangible Personalty except to incorporate such into the Improvements or replace such with goods of quality and value at least equal to that replaced. In Provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible Personalty in contravention of Personalty, except to the foregoing sentenceextent permitted by the Credit Agreement, the Administrative Agent's security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Security InstrumentMortgage.