Common use of Transfer and Other Liens Clause in Contracts

Transfer and Other Liens. The Borrower will not sell, lease, transfer, exchange, or otherwise dispose of any part of the Collateral without the prior written consent of the Administration and will not permit any lien, security interest, or other encumbrance to attach to any part of the Collateral other than those in favor of the Administration or those permitted by the Administration in writing.

Appears in 6 contracts

Samples: Loan Program Security Agreement, Loan Program Security Agreement, Loan Program Security Agreement

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Transfer and Other Liens. The Borrower will not sell, lease, transfer, exchange, exchange or otherwise dispose of the Collateral or the Proceeds, or any part of the Collateral thereof, without the prior written consent of the Administration Lender and will not permit any lien, security interest, or other encumbrance Lien to attach to the Collateral or the Proceeds, or any part of the Collateral thereof, other than those in favor of the Administration or those permitted by the Administration in writingPermitted Liens.

Appears in 1 contract

Samples: Security Agreement (Omega Protein Corp)

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