Transfer and Other Liens. The Pledgor will not sell, lease, transfer, exchange, or otherwise dispose of the Collateral, or any part hereof, without the prior written consent of the Lender and will not permit any lien, security interest, or other encumbrance to attach to the Collateral, or any part thereof, other than those in favor of the Lender or those permitted by the Lender in writing, except that the Pledgor may, in the ordinary course of its business and in the absence of an Event of Default hereunder or notice by the Lender to the Pledgor under this Agreement, collect its Accounts.
Appears in 6 contracts
Samples: Security Agreement (Retirement Care Associates Inc /Co/), Pledge Agreement (Retirement Care Associates Inc /Co/), Pledge Agreement (Retirement Care Associates Inc /Co/)
Transfer and Other Liens. The Pledgor Pledgors will not sell, lease, transfer, exchange, or otherwise dispose of the Collateral, or any part hereof, without the prior written consent of the Lender and will not permit any lien, security interest, or other encumbrance to attach to the Collateral, or any part thereof, other than those in favor of the Lender or those permitted by the Lender in writing, except that the each Pledgor may, in the ordinary course of its business and in the absence of an Event of Default hereunder or notice by the Lender to the Pledgor under this Agreement, collect its Accounts.its
Appears in 1 contract
Samples: Subsidiary Security Agreement (Retirement Care Associates Inc /Co/)
Transfer and Other Liens. The Pledgor Pledgors will not sell, lease, transfer, exchange, or otherwise dispose of the Collateral, or any part hereof, without the prior written consent of the Lender and will not permit any lien, security interest, or other encumbrance to attach to the Collateral, or any part thereof, other than those in favor of the Lender or those permitted by the Lender in writing, except that the each Pledgor may, in the ordinary course of its business and in the absence of an Event of Default hereunder or notice by the Lender to the such Pledgor under this Agreement, collect its Accounts.
Appears in 1 contract
Samples: Subsidiary Pledge Agreement (Retirement Care Associates Inc /Co/)