Common use of Transfers and Other Liens Clause in Contracts

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and except for the security interests created under this Agreement.

Appears in 8 contracts

Samples: Pledge and Security Agreement (510152 N B LTD), Pledge and Security Agreement (510152 N B LTD), Pledge and Security Agreement (Icon Health & Fitness Inc)

AutoNDA by SimpleDocs

Transfers and Other Liens. The Except as expressly permitted by the terms of this Agreement, the Grantor agrees that it will shall not (ia) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (iib) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and except for the pledge, assignment and security interests interest created under by this Agreement.

Appears in 7 contracts

Samples: Pledge Agreement (Retail Properties of America, Inc.), And Splitter Pledge Agreement (Retail Properties of America, Inc.), And Splitter Pledge Agreement (Retail Properties of America, Inc.)

Transfers and Other Liens. The Grantor agrees that it will shall not (i) except as permitted by the Loan Agreement, sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, Collateral or (ii) create or suffer permit to exist any lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral to secure indebtedness of any PersonCollateral, except as provided in the LLC Agreement and Stockholders Agreement and except for the security interests created interest under this Agreement and except as permitted in the Loan Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp)

Transfers and Other Liens. The Each Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of the 2005 Credit Agreement, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and such Grantor except for the pledge, assignment and security interests interest created under this Agreement and Liens permitted under the 2005 Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (Jones Apparel Group Inc), Security Agreement (Jones Apparel Group Inc)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the terms of the Note or related documents, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and Grantor except for the pledge, assignment and security interests interest created under this AgreementAgreement and liens permitted under the Note or related documents.

Appears in 2 contracts

Samples: Security Agreement (Verity Corp.), Security Agreement (Verity Corp.)

Transfers and Other Liens. The Grantor agrees that it will may not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or suffer permit to exist any lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral to secure indebtedness of any PersonCollateral, except as provided in the LLC Agreement and Stockholders Agreement and except for the security interests created interest under this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Sonic Automotive Inc), Security Agreement (Sonic Automotive Inc)

Transfers and Other Liens. The Grantor agrees that it will may not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or suffer permit to exist any lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral to secure indebtedness of any PersonCollateral, except as provided in the LLC Agreement and Stockholders Agreement and except for the security interests created interest under this Agreement and Liens permitted under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Sonic Automotive Inc)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of the Loan Agreement, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and Grantor except for the pledge, assignment and security interests interest created under this Agreement.

Appears in 1 contract

Samples: Security Agreement (Osiris Therapeutics, Inc.)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral permitted under the terms of the Loan Documents or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and except for the pledge, assignment and security interests interest created under this Agreement, or permitted under the Banking Agreement or any other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Turbosonic Technologies Inc)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, except in the ordinary course of its business, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and Grantor except for the pledge, assignment and security interests interest created under this AgreementAgreement and the HEP Security Agreements.

Appears in 1 contract

Samples: Security Agreement (Health Enhancement Products Inc)

Transfers and Other Liens. The Grantor agrees that it will not (ia) sell, assign (by operation of law or otherwise) sell or otherwise dispose of, or grant any option with respect to, any of the CollateralCollateral without the prior written consent of the Administrative Agent, except as permitted under the Credit Agreement, or (iib) create or suffer permit to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any PersonCollateral, except as provided in the LLC Agreement and Stockholders Agreement and except for the security interests created under this Collateral Assignment Agreement.

Appears in 1 contract

Samples: Credit Agreement (Steiner Leisure LTD)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell or offer to sell, assign (by operation of law or otherwise) or otherwise dispose oftransfer, or grant any option with respect to, any of the Collateral, any portion thereof, or any interest therein except as expressly permitted by the Credit Agreement or (ii) create or suffer to exist any lien, security interest, Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and Grantor except for the pledge, assignment and security interests interest created under this AgreementAgreement and the Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (XINHUA SPORTS & ENTERTAINMENT LTD)

Transfers and Other Liens. The Each Grantor agrees that it will not (iv) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of the Loan Agreement, or (iivi) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and such Grantor except for the pledge, assignment and security interests interest created under this Agreement and Liens permitted under the Loan Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Foster Wheeler LTD)

AutoNDA by SimpleDocs

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales of Inventory in the ordinary course of business and sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of the Guarantee and Agreement, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and except for the pledge, assignment and security interests interest created under this Agreement and Liens permitted under the Guarantee and Agreement.

Appears in 1 contract

Samples: Security Agreement (Polyone Corp)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of this Agreement, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and Grantor except for (a) the pledge, assignment, security interests interest created under this Agreement, (b) those Liens listed in Schedule 4(b), and (c) Liens permitted under the Loan Agreement.

Appears in 1 contract

Samples: Security Agreement (Intercallnet Inc)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of the Credit Agreement, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and except for the pledge, assignment and security interests interest created under this Agreement.

Appears in 1 contract

Samples: Security Agreement (Greater Bay Bancorp)

Transfers and Other Liens. The Each Grantor agrees that it will not (i) sell or offer to sell, assign (by operation of law or otherwise) or otherwise dispose oftransfer, or grant any option with respect to, any of the Collateral, any portion thereof, or any interest therein except as expressly permitted by the Credit Agreement and the Articles of Association of the Company or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and Grantor except for the pledge, assignment and security interests interest created under the Credit Documents, this AgreementAgreement and the Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Xinhua Finance Media LTD)

Transfers and Other Liens. The Each Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of the Indenture or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and such Grantor except for the pledge, assignment and security interests interest created under this AgreementAgreement and Liens not prohibited under the terms of the Indenture.

Appears in 1 contract

Samples: Security Agreement (Acorda Therapeutics Inc)

Transfers and Other Liens. The Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the terms of the Credit Agreement, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and Grantor except for the pledge, assignment and security interests interest created under this Agreement and liens permitted under the Credit Agreement.

Appears in 1 contract

Samples: Verity Corp. Security Agreement Verity Farms (Verity Corp.)

Transfers and Other Liens. The Each Grantor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, other than sales, assignments and other dispositions of Collateral, and options relating to Collateral, permitted under the terms of the Loan Agreement, or (ii) create or suffer to exist any lien, security interest, or other charge or encumbrance Lien upon or with respect to any of the Collateral to secure indebtedness of any Person, except as provided in the LLC Agreement and Stockholders Agreement and such Grantor except for the pledge, assignment and security interests interest created under this Agreement and Liens permitted under the Loan Agreement.

Appears in 1 contract

Samples: Security Agreement (Solo Cup CO)

Time is Money Join Law Insider Premium to draft better contracts faster.