Common use of Title; Prohibited Liens and Filings Clause in Contracts

Title; Prohibited Liens and Filings. Each Debtor agrees to protect the title to the Collateral. Debtors will not pledge, mortgage, otherwise encumber, create or suffer a lien to exist on any of the Collateral (other than Permitted Encumbrances) or, subject to Section 4.12 hereof, sell, assign, dispose or otherwise transfer any of the Collateral (other than as expressly permitted by the Credit Agreement) to or in favor of any person other than Secured Party. Debtors will not file or permit to be filed or recorded any financing statement or other security instrument with respect to the Collateral other than in favor of Secured Party or as permitted by the Credit Agreement.

Title; Prohibited Liens and Filings. Each Debtor agrees to protect the title to the Collateral. Debtors Debtor will not pledge, mortgage, otherwise encumber, create or suffer a lien to exist on any of the Collateral (other than Permitted Encumbrancesin favor of Secured Party or as permitted under the Credit Agreement) or, subject to Section 4.12 hereof, or sell, assign, dispose assign or otherwise transfer any of the Collateral (other than Inventory as expressly permitted by the Credit Section 4.13 of this Security Agreement) to or in favor of any person or entity other than Secured Party. Debtors Debtor will not file or permit to be filed or recorded any financing statement or other security instrument with respect to the Collateral other than in favor of Secured Party or as permitted by under the Credit Agreement.

Title; Prohibited Liens and Filings. Each Debtor agrees to protect the title to the Collateral. Debtors Debtor will not pledge, mortgage, otherwise encumber, create or suffer a lien to exist on any of the Collateral (other than Permitted Encumbrancesin favor of Secured Party or as permitted by the Credit Agreement) or, subject to Section 4.12 hereof, or sell, assign, dispose assign or otherwise transfer any of the Collateral (other than as expressly permitted by the Credit Agreement) to or in favor of any person other than Secured Party. Debtors Debtor will not file or or, to the extent it is able, permit to be filed or recorded any financing statement or other security instrument with respect to the Collateral other than in favor of Secured Party or as permitted by the Credit Agreement.

Title; Prohibited Liens and Filings. Each Debtor agrees Debtors agree to protect the Debtors’ title to the Collateral. Debtors will not pledge, mortgage, otherwise encumber, create or suffer a lien to exist on any of the Collateral (other than Permitted EncumbrancesEncumbrances and other than as permitted by the Credit Agreement) or, subject to Section 4.12 hereof, sell, assign, dispose or otherwise transfer any of the Collateral (other than as expressly permitted by the Credit Agreement) to or in favor of any person Person other than Secured PartyParty (other than as permitted by the Credit Agreement). Debtors will not file or permit to be filed or recorded any financing statement or other security instrument with respect to the Collateral other than in favor of Secured Party Party, in favor of other Persons with respect to Permitted Encumbrances, or as permitted by the Credit Agreement.

Title; Prohibited Liens and Filings. Each Debtor agrees to protect the title to the Collateral. Debtors Debtor will not pledge, mortgage, otherwise encumber, create or suffer a lien to exist on any of the Collateral (other than Permitted Encumbrancesin favor of Secured Party or as permitted by the Credit Agreement) or, subject to Section 4.12 4.13 hereof, sell, assign, dispose assign or otherwise transfer any of the Collateral (other than as expressly permitted by the Credit Agreement) to or in favor of any person other than Secured Party. Debtors Debtor will not file or permit to be filed or recorded any financing statement or other security instrument with respect to the Collateral other than in favor of Secured Party or as permitted by the Credit Agreement.