Common use of Transfer and Other Liens Clause in Contracts

Transfer and Other Liens. The Borrowers will not sell, assign, ------------------------ transfer, convey, exchange or otherwise dispose of the Collateral, or any part thereof, except pursuant to the Plan, without the prior written consent of the Secured Party, 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 Secured Party or those permitted by the Secured Party in writing.

Appears in 3 contracts

Samples: Security Agreement (Calcomp Technology Inc), Security Agreement (Calcomp Technology Inc), Security Agreement (Lockheed Martin Corp)

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Transfer and Other Liens. The Borrowers will not sell, assign, ------------------------ ------------------------- transfer, convey, exchange or otherwise dispose of the Collateral, or any part thereof, except pursuant to in the Planordinary course of business, without the prior written consent of the Secured Party, 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 Secured Party or those permitted by the Secured Party in writing.

Appears in 1 contract

Samples: Credit Agreement (Calcomp Technology Inc)

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