Common use of Transfer of Collateral Clause in Contracts

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral.

Appears in 4 contracts

Samples: Business Loan and Security Agreement (Vse Corp), Financing and Security Agreement (Versar Inc), Business Loan and Security Agreement (Vse Corp)

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Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, unless the Borrower has complied with the requirements of Section 6.1.25 (Business Information).

Appears in 3 contracts

Samples: Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp)

Transfer of Collateral. None Except to the extent permitted by and in compliance with the provisions of this Agreement, none of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral.

Appears in 2 contracts

Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the CollateralCollateral to a location not disclosed on the Collateral Disclosure List, except for "mobile goods" and vehicles being operated in the ordinary course of business.

Appears in 2 contracts

Samples: Financing Agreement (Argan Inc), Financing and Security Agreement (Argan Inc)

Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, except in accordance with Section 6.1.23 of this Agreement.

Appears in 1 contract

Samples: Financing and Security Agreement (Spacehab Inc \Wa\)

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Transfer of Collateral. None of the Borrowers nor any of their Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral, except in accordance with Section 6.1.19 (Maintenance of the Collateral).

Appears in 1 contract

Samples: Financing and Security Agreement (Spacehab Inc \Wa\)

Transfer of Collateral. None of the Borrowers and nor any of their the Subsidiaries will transfer, or permit the transfer, to another location of any of the Collateral or the books and records related to any of the Collateral.

Appears in 1 contract

Samples: Financing and Security Agreement (Flanders Corp)

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