Sales and Encumbrances. A. Except as herein expressly provided, Borrower shall not, without the prior written consent of Lender, which consent, if given in Lender's sole unfettered discretion, may be conditioned upon a change in the interest rate under the Note, payment of a fee or change in the term of the Note, adjustment of the Maturity Date (as defined in the Note) or amortization period or one or more of the foregoing or other requirements of Lender:
Sales and Encumbrances. Without the prior written consent of the Lenders, the Borrower shall not: (i) other than in the ordinary course of business, sell, loan, lease, assign, transfer, convey or alienate the Collateral or any portion thereof, or any interest therein; (ii) suffer or permit any mortgage lien, security interest, encumbrance or charge of any character upon or against the Collateral (other than the security interest granted herein); and (iii) cancel or terminate any contract that is Collateral (including, without limitation, the Management Agreements) or consent to or accept any cancellation or termination thereof.
Sales and Encumbrances. For a period of not less than ten years following Project Close- Out Deadline, Subrecipient shall not, sell, lease, exchange, abandon, transfer or otherwise dispose of any substantial portion of or interest in the Property, unless worn out, obsolete, or, in the reasonable business judgment of Recipient, no longer useful in the operation of the Project without prior written consent from OBDD and Recipient. Provided, that OBDD and Recipient consent is not required under the following circumstances: (i) the leasing of the Property by Blue Jumpsuit to AHI Cannery, LLC, an Oregon limited liability company (“AHI”) and from AHI to Cervesia Gratis, Inc. an Oregon corporation (“Cervesia”) in connection with the financing for the development of the Project using New Markets Tax Credits in accordance with Section 45D of the Internal Revenue Code of 1986, as amended (ii) any transfer in connection with the foreclosure of the Property to the extent it secured those loans initiated to finance the development of the Project and (iii) month to month rental of cold storage space. Recipient agrees to submit any written request for a disposition by Subrecipient to OBDD within 10 days of receipt.
Sales and Encumbrances. Borrower shall not, without the prior written consent of Beneficiary, which consent, if given in Beneficiary’s sole unfettered discretion, may be conditioned upon a change in the interest rate under the Note, payment of a fee or change in the term of the Note, delivery of a management contract approved by Beneficiary with a management company approved by Beneficiary, and/or the satisfaction of other conditions required by Beneficiary or one or more of the foregoing or other requirements of Beneficiary:
Sales and Encumbrances. Without the prior written consent of the Secured Party the Debtor shall not: (i) other than in the ordinary course of business, sell, loan, lease, assign, transfer, convey or alienate the Collateral or any portion thereof, or any interest therein; and (ii) suffer or permit any mortgage, lien, security interest, encumbrance or charge of any character upon or against the Collateral (other than the security interest granted herein).
Sales and Encumbrances. The Company shall not, and shall not permit any of its Subsidiaries to, sell, lease, encumber or otherwise dispose of, or agree to sell, lease (whether such lease is an operating or capital lease), encumber or otherwise dispose of, any of its material assets (including any capital stock or other ownership interest of any Subsidiary of the Company), other than sales of inventory or sales, returns or dispositions of obsolete, surplus or worthless equipment in the ordinary course of business consistent with past practice.
