Common use of Transfers and Other Liens Clause in Contracts

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-worn out or obsolete assets assets, not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Except as expressly permitted in Section 13(f) of the Notes, no Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-worn out or obsolete assets assets, not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Other than as expressly permitted in the Notes, no Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and business, (B) worn-out or obsolete assets not necessary to the business, and (C) Accounts solely in accordance with the terms and conditions of the Factoring Agreement. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) wornnon-material worn out or obsolete assets assets, not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, (B) licenses and similar arrangements for the use of property in the ordinary course of business, and (BC) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and business, (B) worn-worn out or obsolete assets assets, not necessary to the business, and (C) otherwise as permitted pursuant to the terms of the Indenture. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, Inventory except (A) Inventory in the ordinary course of business and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and business, (B) damaged, worn-out or obsolete assets not necessary to the businessbusiness and (C) other assets not exceeding, individually or in the aggregate, $25,000. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted LienLiens.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law Law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, without the prior written consent of the Collateral Agent, except (A) Inventory for transactions conducted in the ordinary course of business and (B) worn-out which shall not include any real property), including the sale of securities the proceeds of which remain in a Deposit Account or obsolete assets not necessary Security Account subject to the businessa control account agreement. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral Collateral, other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and business, (B) damaged, worn-out or obsolete assets not necessary to the businessbusiness and (C) other assets not exceeding, individually or in the aggregate, $5,000. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted LienLiens.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-worn out or obsolete assets assets, not necessary to the such Grantor's business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral Collateral, other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral Collateral, other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral Collateral, other than a Permitted LienLiens.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Encumbered Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Encumbered Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except except (A) Inventory in the ordinary course of business business, and (B) wornnon-material worn out or obsolete assets assets, not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law Law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, without the prior written consent of the Collateral Agent, except (A) Inventory for transactions conducted in the ordinary course of business and (B) worn-out which shall not include any real property), including the sale of unregistered securities the proceeds of which remain in a Deposit Account or obsolete assets not necessary Security Account subject to the businessa control account agreement. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral Collateral, other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory or licenses in the ordinary course of business business, and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Without the Consent of the Buyer, no Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any substantial part of the Collateral, except (A) Inventory or Intellectual Property in the ordinary course of business business, and (B) worn-out or obsolete assets not necessary to the business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No The Grantor will not sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) to the Parent, and (B) for Inventory and Intellectual Property in the ordinary course of business business, and (BC) worn-out or obsolete assets not necessary to the business, and (D) as otherwise permitted by this Agreement. (ii) No The Grantor will not create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in as permitted under the ordinary course of business and (B) worn-out or obsolete assets not necessary to the businessTransaction Documents. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lienexcept as permitted under the Transaction Documents.

Transfers and Other Liens. (i) No The Grantor will not sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and (B) worn-out or obsolete assets not necessary to the business. (ii) No The Grantor will not create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No The Grantor will not sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-worn out or obsolete assets assets, not necessary to the business. (ii) No The Grantor will not create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, exclusively license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and (B) worn-out or obsolete assets not necessary to the Grantor’s business so long as such transfer will not interfere in any material respect with the Grantor’s business. (ii) No Grantor will create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.

Transfers and Other Liens. (i) No Grantor will sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business and (B) worn-out or obsolete assets not necessary to the businessother than Permitted Dispositions. (ii) No Grantor will create, suffer to exist or grant any Lien Lien, security interest or other charge or encumbrance upon or with respect to any Collateral Collateral, other than a Permitted LienLiens.

Transfers and Other Liens. (i) No The Grantor will not sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except (A) Inventory in the ordinary course of business business, and (B) worn-out or obsolete assets not necessary to the business. (ii) No The Grantor will not create, suffer to exist or grant any Lien upon or with respect to any Collateral other than a Permitted Lien.