Common use of Transfers and Other Liens Clause in Contracts

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 4 contracts

Samples: Credit Agreement (Outsourcing Solutions Inc), Credit Agreement (DMW Worldwide Inc), Credit Agreement (MBW Foods Inc)

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Transfers and Other Liens. No Such Grantor shall:shall not (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any PersonPerson or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Appears in 4 contracts

Samples: Partnership Security Agreement (Dri I Inc), Partnership Security Agreement (Duane Reade Inc), Credit Agreement (Dri I Inc)

Transfers and Other Liens. No The Grantor shall: shall not, without the consent of the Lender, (a) sell, assign (by operation of law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the Collateral, except as permitted by the Credit Agreement; or or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure except for the indebtedness or other obligations of any Personpledge, assignment and security interest created by this Agreement.

Appears in 4 contracts

Samples: Revolving Line of Credit Agreement (Fuller Max L), Financial Assets Security Agreement (Nordhagen Arlen Dale), Financial Assets Security Agreement (Patel Gautam)

Transfers and Other Liens. No Such Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any PersonPerson or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Appears in 4 contracts

Samples: Security Agreement, Security Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp)

Transfers and Other Liens. No Grantor shall: shall (a) sell, assign (by operation of law Applicable Law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the Collateral, except as permitted by under the Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer permit to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any PersonCollateral, except Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (Elcor Corp), Credit Agreement (Compusa Inc), Security Agreement (Compusa Inc)

Transfers and Other Liens. No Such Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as may be permitted by the Credit Agreement; or (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement, create or suffer to exist any Lien upon or with respect to any of including the Collateral to secure the indebtedness or other obligations of any Person.cure periods set forth therein

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Surebeam Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Surebeam Corp)

Transfers and Other Liens. No The Grantor shall: shall not (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure Collateral, except for the indebtedness or other obligations of any Personsecurity interest created by this Agreement.

Appears in 3 contracts

Samples: Security Agreement (CatchMark Timber Trust, Inc.), Security Agreement (CatchMark Timber Trust, Inc.), Security Agreement (Wells Timberland REIT, Inc.)

Transfers and Other Liens. No Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, Collateral except as permitted by the Credit AgreementLoan Agreements; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 2 contracts

Samples: Loan Agreement (Enstar Income Program Iv-1 Lp), Loan Agreement (Enstar Income Program Iv-2 Lp)

Transfers and Other Liens. No Each Grantor shallshall not: (a) Except as permitted by the Secured Agreement, sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or. (b) except Except for the security interest created by this AgreementPermitted Liens, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Personperson or entity.

Appears in 2 contracts

Samples: Personal Property Security Agreement (Atlantic Gulf Communities Corp), Personal Property Security Agreement (Atlantic Gulf Communities Corp)

Transfers and Other Liens. No The Grantor shall: shall not (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure Collateral, except for the indebtedness or other obligations security interest created by this Agreement and the first priority security interest in favor of any Personthe Subordinated Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Wells Timberland REIT, Inc.), Equity Raise Account Security Agreement (Wells Timberland REIT, Inc.)

Transfers and Other Liens. No Grantor shall: shall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any PersonPerson or entity, except for the security interest created by this Pledge Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Quest Patent Research Corp), Pledge and Security Agreement (Quest Patent Research Corp)

Transfers and Other Liens. No Grantor shall: : (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as permitted by the First Lien Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any PersonPerson or entity, except for the security interest created by this Security Agreement and the other Loan Documents and except for Liens and other charges or encumbrances specifically permitted by the First Lien Credit Agreement.

Appears in 2 contracts

Samples: First Lien Pledge and Security Agreement, First Lien Pledge and Security Agreement (Energy XXI Gulf Coast, Inc.)

Transfers and Other Liens. No Each Grantor shall: shall not (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Loan Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure Collateral, except for the indebtedness or other obligations of any Personsecurity interest created by this Agreement and except for Permitted Exceptions.

Appears in 2 contracts

Samples: Security Agreement (Adcare Health Systems, Inc), Security Agreement (Adcare Health Systems, Inc)

Transfers and Other Liens. No Grantor shall: may (ai) sell, assign (by operation of law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the Collateral, except as permitted by the Credit Agreement; or or (bii) except for the security interest created by this Agreement, create or suffer permit to exist any Lien lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral to secure Collateral, except for the indebtedness or other obligations of any Personsecurity interest under this Agreement and Liens permitted by the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Asbury Automotive Group Inc), Credit Agreement (Asbury Automotive Group Inc)

Transfers and Other Liens. No Grantor shall: shall (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure Collateral, except for the indebtedness or other obligations security interest created by this Agreement and except as permitted by Section 7.2.3 of any Personthe Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)

Transfers and Other Liens. No Grantor shall: may (ai) sell, assign (by operation of law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the Collateral, except as permitted by the Credit Agreement; or or (bii) except for the security interest created by this Agreement, create or suffer permit to exist any Lien lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral to secure Collateral, except for the indebtedness or other obligations of any Personsecurity interest under this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Hometown Auto Retailers Inc), Security Agreement (Hometown Auto Retailers Inc)

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement and the interests disclosed in Schedule V hereto which are permitted by the Credit Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Players International Inc /Nv/), Subsidiary Security Agreement (Players International Inc /Nv/)

Transfers and Other Liens. No Grantor shall: : (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted by the Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Debt of any PersonPerson or entity, except for the security interest created by this Security Agreement and except for Liens and other charges or encumbrances specifically permitted by the Credit Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/)

Transfers and Other Liens. No The Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, or create or suffer to exist any Lien Lien, security interest or other charge or encumbrance upon or with respect to any of the Collateral Collateral, except for the Security and security interest created by this Security Agreement; (b) cancel or terminate the Management Agreement or consent to secure the indebtedness or other obligations of accept any Person.cancellation or termination thereof;

Appears in 2 contracts

Samples: Security Agreement (Trace International Holdings Inc), Security Agreement (Trace International Holdings Inc)

Transfers and Other Liens. No Grantor shall: shall (a) sell, assign (by operation of law Applicable Law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the Collateral, except as permitted by under the Credit Agreement; or Agreement and the Note Purchase Agreements, or (b) except for the security interest created by this Agreement, create or suffer permit to exist any Lien security interest upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any PersonCollateral.

Appears in 1 contract

Samples: Security Agreement (Hastings Entertainment Inc)

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement and any Lien permitted under the Credit Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 1 contract

Samples: Credit Agreement (Merrill Corp)

Transfers and Other Liens. No Grantor shall: (a) sell, lease, license, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person, except as permitted by the Credit Agreement.

Appears in 1 contract

Samples: Subsidiary Security Agreement (American Homepatient Inc)

Transfers and Other Liens. No Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for Permitted Encumbrances and the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 1 contract

Samples: Credit Agreement (Manufacturers Services LTD)

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement and the Bank Security Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 1 contract

Samples: Security Agreement (Americom Usa Inc)

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this AgreementAgreement or pursuant to clause (vi) of the definition of Permitted Encumbrances, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Zilog Inc)

Transfers and Other Liens. No Except as otherwise permitted under the Credit Agreement and not prohibited by any Additional First Lien Agreement, no Grantor shall: shall (ai) sell, assign (by operation of law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the Collateral, except as permitted by the Credit Agreement; or or (bii) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any PersonCollateral.

Appears in 1 contract

Samples: Security Agreement (Marina District Development Company, LLC)

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Transfers and Other Liens. No Grantor shall: shall (a) sell, assign (by operation of law Applicable Law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the Collateral, except for sales and dispositions in the ordinary course of business and except for any sales and dispositions other than in the ordinary course of business as permitted by under the Credit Agreement; or Agreement and the Note Purchase Agreements, or (b) except for the security interest created by this Agreement, create or suffer permit to exist any Lien security interest upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any PersonCollateral.

Appears in 1 contract

Samples: Security Agreement (Butler Manufacturing Co)

Transfers and Other Liens. No The Grantor shallshall not: (a) sellSell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, Collateral except as permitted by the Credit pursuant to this Agreement; or. (b) except for the security interest created by this Agreement, create Create or suffer to exist any Lien lien, security interest or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Personperson or entity, except for the security interests created by or disclosed in this Agreement.

Appears in 1 contract

Samples: Assignment and Security Agreement (Uti Worldwide Inc)

Transfers and Other Liens. No Other than as permitted by the Credit Agreement, no Grantor shall: shall (ai) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or Collateral or (bii) except for the security interest created by this AgreementPermitted Liens, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any PersonPerson or entity.

Appears in 1 contract

Samples: Pledge and Security Agreement (Regent Communications Inc)

Transfers and Other Liens. No Grantor shall: : (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted by the Credit Agreement; or Indenture or any Senior Obligations Governing Documents, or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Debt of any PersonPerson or entity, except for the security interest created by this Security Agreement and except for Permitted Liens.

Appears in 1 contract

Samples: Junior Lien Pledge and Security Agreement (Flotek Industries Inc/Cn/)

Transfers and Other Liens. No Neither Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit AgreementIndenture; or (b) except for the security interest created by this Agreement or as permitted by the Credit Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any Person.

Appears in 1 contract

Samples: Security Agreement (Eldorado Resorts LLC)

Transfers and Other Liens. No Each Grantor shall: shall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by for the Credit Agreementsale of Inventory or Equipment in the ordinary course of business; or or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any PersonPerson or entity, except for the security interest created by this Security Agreement and except for Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Integrated Environmental Technologies, Ltd.)

Transfers and Other Liens. No Each Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by Section 413 of the Credit AgreementIndenture; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any PersonPerson or entity, except for the security interest created by this Security Agreement and except as permitted by the Indenture.

Appears in 1 contract

Samples: Security Agreement (Jorgensen Earle M Co /De/)

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, Collateral except as permitted by the Credit AgreementIndenture; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any Person, except for the security interest created by this Security Agreement and except as permitted by the Indenture.

Appears in 1 contract

Samples: Pledge and Security Agreement (Interface Inc)

Transfers and Other Liens. No Except in accordance with the Credit Agreement, no Grantor shall: shall (ai) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or Collateral or (bii) except for the security interest created by this Agreement or the other Loan Documents in favor of Secured Party and other Liens permitted by the Credit Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations of any PersonCollateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Fruehauf Trailer Corp)

Transfers and Other Liens. No Grantor shall: : (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted by the Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Debt of any PersonPerson or entity, except for the security interest created by this Security Agreement and except for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (Flotek Industries Inc/Cn/)

Transfers and Other Liens. No The Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any PersonPerson or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Wilson Greatbatch Technologies Inc)

Transfers and Other Liens. No The Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any Person.Person or entity, except for

Appears in 1 contract

Samples: Security Agreement (Asm International N V)

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any Person, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Appears in 1 contract

Samples: Subsidiary Pledge and Security Agreement (Ironton Iron Inc)

Transfers and Other Liens. No Grantor shall: : (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as permitted by the Credit Agreement; or , or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure the indebtedness or other obligations Debt of any PersonPerson or entity, except for the security interest created by this Security Agreement and except for Liens permitted by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Heckmann Corp)

Transfers and Other Liens. No The Grantor shallshall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any Person, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Appears in 1 contract

Samples: Borrower Pledge and Security Agreement (Ironton Iron Inc)

Transfers and Other Liens. No Grantor shall: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted by the Term Loan Agreement and the Revolving Credit Agreement; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien upon or with respect to any of the Collateral to secure the indebtedness or other obligations Indebtedness of any Person, except for the security interest created by this Security Agreement and except as permitted by the Term Loan Agreement and the Revolving Credit Agreement.

Appears in 1 contract

Samples: Subsidiary Pledge and Security Agreement (Ironton Iron Inc)

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