Common use of Sale or Encumbrance Clause in Contracts

Sale or Encumbrance. Except as otherwise permitted 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; provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible Personalty, the Agent’s security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Deed of Trust.

Sale or Encumbrance. Except as otherwise permitted in 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; provided, however, in . In the event the Grantor sells or otherwise disposes of any of the Tangible PersonaltyPersonalty in contravention of the foregoing sentence, the Administrative Agent’s 's security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Deed of TrustSecurity Instrument.

Sale or Encumbrance. Except as otherwise permitted 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; provided. Provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible Personalty, except to the Agent’s security interest in extent permitted by the proceeds of the Tangible Personalty shall continue pursuant to this Deed of Trust.Credit

Sale or Encumbrance. Except as otherwise permitted 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; provided. Provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible PersonaltyPersonalty except to the extent permitted by the Credit Agreement, the Agent’s 's security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Deed of TrustMortgage.

Sale or Encumbrance. Except as otherwise permitted 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; provided. Provided, however, in the event the Grantor sells or otherwise disposes of any of the Tangible Personalty, except to the extent permitted by the Credit Agreement, the Agent’s 's security interest in the proceeds of the Tangible Personalty shall continue pursuant to this Deed of TrustMortgage.