Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Loan Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby.
Appears in 5 contracts
Samples: Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc)
Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Loan Restated Lease Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created herebyhereby and Permitted Encumbrances which are, in accordance with the Restated Lease Agreement, permitted to attach to such Collateral.
Appears in 5 contracts
Samples: Security Agreement (Savvis Communications Corp), Security Agreement (Savvis Communications Corp), Security Agreement (Savvis Communications Corp)
Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Loan Credit Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created herebyhereby and Permitted Liens.
Appears in 4 contracts
Samples: Pledge and Security Agreement (Savvis Communications Corp), Pledge Agreement (Savvis Communications Corp), Pledge Agreement (Savvis Communications Corp)
Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Loan Credit Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby.
Appears in 4 contracts
Samples: Security Agreement (Old America Stores Inc), Pledge Agreement (State Communications Inc), Pledge and Security Agreement (Net2000 Communications Inc)
Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Loan Restated Lease Agreement, Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created herebyhereby and Permitted Encumbrances.
Appears in 1 contract
Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Loan Purchase Agreement, the Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral Collateral, except for the sales of inventory in the ordinary course of its business, or create or permit to exist any Lien upon or with respect to any of the Collateral except for the Liens created hereby.
Appears in 1 contract
Transfers and Other Liens; Additional Investments. (a) Except as may be expressly permitted by the terms of the Loan Purchase Agreement, the Debtor shall not grant any option with respect to, exchange, sell or otherwise dispose of any of the Collateral Collateral, except for the sales of inventory in the ordinary course of its business, or create or permit to exist any Lien upon or with respect to any of the Collateral except for Permitted Liens and the Liens created hereby.
Appears in 1 contract
Samples: Security Agreement (ProsoftTraining)
