Transactions Involving Collateral. Not to, without the prior written consent of Secured Party, (i) sell, assign, or otherwise transfer the Collateral except in the ordinary course of business, or (ii) pledge, mortgage, encumber, or otherwise permit the Collateral to be subject to any lien, except existing liens, current tax liens, and purchase money liens.
Appears in 4 contracts
Samples: Security Agreement (Phototron Holdings, Inc.), Asset Purchase Agreement (Phototron Holdings, Inc.), Security Agreement (American Tonerserv Corp.)
Transactions Involving Collateral. Not toDebtor shall not, without the prior written consent of Secured Party, (ia) sell, assignoffer to sell, or otherwise transfer the Collateral except in the ordinary course of business, or (ii) to pledge, mortgage, encumber, or otherwise permit the Collateral to be subject to any lien, except existing lienssecurity interest, current tax liensor charge, and purchase money liensother than the security interest created by this Agreement.
Appears in 2 contracts
Samples: Security Agreement (Homeseekers Com Inc), Security Agreement (Homeseekers Com Inc)
