Common use of Transfers and Encumbrances Clause in Contracts

Transfers and Encumbrances. Sell, sell and leaseback, mortgage, pledge or otherwise encumber or dispose of any of Borrower's property, real or personal, now owned or hereafter acquired, or permit any lien or security interest of exist thereon, except for Permitted Liens.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Embarr Downs, Inc.), Revolving Credit Loan Agreement (Capall Stables, Inc.)

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Transfers and Encumbrances. Sell, sell and leasebacklease back, mortgage, pledge or otherwise encumber or dispose of any of Borrower's property, real or personal, now owned or hereafter acquired, or permit any lien or security interest of to exist thereon, except for Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (SPYR, Inc.)

Transfers and Encumbrances. Sell, sell and leaseback, mortgage, pledge or otherwise encumber or dispose of any of Borrower's property, real or personal, now owned or hereafter acquired, or permit any lien or security interest of to exist thereon, except for Permitted Liensin the ordinary course of Borrower's business or as permitted by Lender.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Teleservices International Group Inc)

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Transfers and Encumbrances. Sell, sell and leaseback, mortgage, pledge or otherwise encumber or dispose of any of Borrower's property, real or personal, now owned or hereafter acquired, or permit any lien or security interest of to exist thereon, except for Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Nevtah Capital Management Corp)

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