Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral other than the Permitted Encumbrances.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dawson Geophysical Co), Loan and Security Agreement (TGC Industries Inc)
Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, Collateral or (ii) xxxxx x xxxx grant a lien or security interest sexxxxxx xxxxxest in or execute, file or record any financing statement or other security instrument with respect to the Collateral to any party other than Secured Party except with respect to the Permitted EncumbrancesLiens, except for (A) sales of inventory and equipment in the ordinary course of business.
Appears in 2 contracts
Samples: Security Agreement (Temtex Industries Inc), Security Agreement (Temtex Industries Inc)
Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the CollateralCollateral except in the ordinary course of business, or (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than the Permitted EncumbrancesLender or a Servicing Agent who is acting in its capacity as special limited agent for Debtor on such terms and conditions as are approved by Lender.
Appears in 2 contracts
Samples: Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Legacy Housing Corp)
Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease exchange or otherwise dispose of any of the Collateral, or (ii) xxxxx nor will Debtor granx x xxxx or security interest in Xxxx xxxn or execute, file or record any financing statement or other security instrument registration with respect to the Collateral, nor will Debtor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, other than Liens in favor of Secured Party or expressly permitted by the Permitted EncumbrancesCredit Agreement.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Leslie Resources Inc), Stock Pledge Agreement (Leslie Resources Inc)
Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral other than the Permitted Encumbrances.,
Appears in 1 contract
Samples: Advancing Term Credit Agreement (San Juan Partners LLC)
Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral other than the Permitted Encumbrances, or (iii) deliver actual or constructive possession of any of the Collateral to any party other than Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Atsi Communications Inc/De)
Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral, or (ii) deliver actual or constructive possession of any of the Collateral to any Person other than the Permitted EncumbrancesLender.
Appears in 1 contract
Samples: Loan and Security Agreement (Clean Energy Fuels Corp.)
Transfer or Encumbrance. Debtor Borrower will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) nor will Borrower xxxxx x xxxx or security interest Xxxx in or execute, file or record any financing statement or other security instrument with respect to the Collateral, nor will Borrower deliver actual or constructive possession of the Collateral to any other Person, other than sales of Inventory in the Permitted Encumbrancesordinary course of business of Borrower.
Appears in 1 contract
Samples: Line of Credit and Security Agreement (Arcadia Resources, Inc)
Transfer or Encumbrance. Except as otherwise provided in the Loan Documents, no Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx nor will any Debtor gxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral Collateral, other than the Permitted Encumbrances.
Appears in 1 contract
Transfer or Encumbrance. Debtor Borrower will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease ) or otherwise dispose of transfer Borrower's rights in any of the Collateral, or Collateral (ii) xxxxx x xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral to any party other than Bank, or (iii) deliver actual or constructive possession of any certificate, instrument or document evidencing and/or representing any of the Permitted EncumbrancesCollateral to any party other than Bank.
Appears in 1 contract
Samples: Pledge Agreement (Diversified Corporate Resources Inc)
Transfer or Encumbrance. Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) xxxxx x xxxx nor will Debtor grant a lien or security interest in or execute, file or record any xx xxxxxx xxy financing statement or other security instrument with respect to the Collateral, nor will Debtor deliver actual or constructive possession of the Collateral to any other than the Permitted EncumbrancesPerson.
Appears in 1 contract
Samples: Credit Agreement (E-Dentist Com Inc)
Transfer or Encumbrance. Except as otherwise provided in the Loan Documents , the Debtor will not (i) sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, or (ii) nor will the Debtor xxxxx x xxxx Xxxx or security interest in or execute, file or record any financing statement or other security instrument with respect to the Collateral Collateral, other than the Permitted EncumbrancesLiens.
Appears in 1 contract