Common use of Transfers and Other Liens Clause in Contracts

Transfers and Other Liens. Grantor shall not: (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 (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. No Grantor shall not: 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) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness Debt of any Person or entity, except for the security interest created by this Security Agreement and except as for Liens specifically permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: (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 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 to secure Indebtedness of any Person or entityCollateral, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement, including the cure periods set forth therein.

Transfers and Other Liens. The Grantor shall not: (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 (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall notNone of the Grantors 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 (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (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 (b) except for the security interest created by this Agreement or as permitted by the Credit Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. Such Grantor shall not: (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 (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security and Pledge Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: will not (ai) sell, assign (by operation of law or otherwise) ), exchange or otherwise dispose of any of the Collateral, Collateral (except for sales or other dispositions of Inventory and used Equipment in the ordinary course of business business) or as permitted by the Credit Agreement; or (bii) 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 Indebtedness of any Person or entity, except for (A) the security interest created by this Security Agreement hereby and except as permitted by (B) the Credit Agreementsecurity interests and other encumbrances described in Schedule V hereto.

Transfers and Other Liens. Grantor shall not: (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 Amended 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 Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. The Grantor shall not: not (ai) sell, assign (by operation of law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the CollateralCollateral of the Grantor, except sales of Inventory in the ordinary course of business business, or as permitted by the Credit Agreement; or (bii) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, the Grantor except for the pledge, assignment and security interest created by this Security Agreement and except as Liens permitted by under the Credit Agreement.

Transfers and Other Liens. Except as otherwise permitted by the Credit Agreement, Grantor shall not: (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 (b) except for the interests disclosed in Schedule 4(a) annexed hereto and 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 Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. Grantor shall not: (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 (b) except for any Liens, if any, permitted under the Credit Agreement and 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 Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. The Grantor shall not: not (ai) sell, assign (by operation of law or otherwise) or otherwise dispose of of, or grant any option with respect to, any of the its Collateral, except Inventory in the ordinary course of business or and other Collateral, as expressly otherwise permitted by the Credit Agreement; or , or (bii) 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 Indebtedness of any Person or entitythe Grantor, except for the security interest created by this Security Agreement and except Permitted Liens or as otherwise permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: not (a1) 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 Inventory in the ordinary course of business business, or as permitted by the Credit Agreement; or (b2) 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 Indebtedness of any Person or entityCollateral, except for the security interest created by under this Security Agreement and except as or any such Lien or encumbrance permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (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 (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: (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 business, except for the lease of Rental Equipment or as 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 to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (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 (b) except for the security interest created by this Agreement or pursuant to clause (vi) of the definition of Permitted Encumbrances, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. Grantor shall not: (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 (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 or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. The Grantor shall not: (a) sell, assign (by operation of law or otherwise) ), license or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or and except as permitted by the Credit Loan Agreement; or (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Loan Agreement.

Transfers and Other Liens. Such Grantor shall not: (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 business, except for the lease of Rental Equipment or as 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 to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (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 AgreementNote Purchase Agreement or any senior Lien; or (b) except for the security interest created by this Agreement or as permitted by the Note Purchase Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. The Grantor shall not: not (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 Inventory in the ordinary course of business business, or as permitted by the Credit Agreement; or (b) create or suffer permit to exist any Lien or other charge or encumbrance lien upon or with respect to any of the Collateral to secure Indebtedness of any Person or entityCollateral, except for the security interest created by under this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Such Grantor shall not: (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 AgreementIndenture; or (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Pledge and Security Agreement and except as permitted by the Credit AgreementIndenture.

Transfers and Other Liens. Grantor shall not: (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 AgreementAgreements; or (b) except for the security interest created by this Agreement, create or suffer to exist any Lien or (other charge or encumbrance than Permitted Encumbrances) upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. Grantor shall not: (a) sella. Sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory inventory in the ordinary course of business or as permitted by the Credit Agreementbusiness; or (b) create b. Create or suffer to exist any Lien or other charge or encumbrance lien upon or with respect to any of the Collateral to secure Indebtedness of any Person or entityCollateral, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Each Grantor shall not: : (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) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness Obligations of any Person or entity, except for the security interest created by this Security Agreement and except as for Liens and other charges or encumbrances specifically permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: (a) sellSell, 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; orbusiness. (b) create Create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest to exist any lien, security interest or other charge or any of the Collateral to secure Debt of any person or created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: not (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 Inventory in the ordinary course of business business, or as permitted by the Credit Agreement; or (bii) create or suffer to 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 Indebtedness of any Person or entityCollateral, except for the security interest created by under this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, Collateral except Inventory in the ordinary course of business or as permitted by the Credit Agreement; or (b) except for the security interest created by this Agreement and Permitted Liens, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreementperson.

Transfers and Other Liens. Grantor shall not: (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 (b) except for the security interest created by this Agreement and the interests disclosed in Schedule IV hereto which are permitted by the Credit Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. The Grantor shall not: (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 (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security and Pledge Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: (a) sellSell, 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 otherwise permitted by the Credit this Agreement; or. (b) 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 Indebtedness obligations of any Person person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreementsecurity interests, if any, shown in Schedule 6(b).

Transfers and Other Liens. Grantor shall not: not (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 Inventory in the ordinary course of business or as permitted by under the Credit Agreement; or Agreement or (b) create or suffer permit to exist any Lien or other charge or encumbrance security interest upon or with respect to any of the Collateral to secure Indebtedness of any Person or entityCollateral, except for the any security interest created by in favor of the Administrative Agent relating to this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (a) except as permitted by the Amended Credit Agreement, 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 (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 Indebtedness the indebtedness of other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. The Grantor shall not: (a) sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course a transaction not prohibited by subparagraph 6(C)(2) of business or as permitted by the Credit Agreement; or (b) create or suffer to exist any Lien or other lien, security interest, charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by subparagraph 6(B) of the Credit Agreement.

Transfers and Other Liens. Grantor shall not:: ------------------------- (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 (b) except for the security interest created by this Agreement and the Permitted Encumbrances, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. Such Grantor shall not: (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 (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (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 (b) except for the security interest created by this Agreement and the Permitted Encumbrances, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. The Grantor shall not: (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 Intercreditor Agreement; or (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Intercreditor Agreement.

Transfers and Other Liens. The Grantor shall not: (a) sellSell, 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 in which case such Collateral shall be free and clear of the Credit Agreement; orsecurity interest created hereby. (b) 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 Indebtedness debt of any Person person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. The Grantor shall not: : (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 Loan Agreement; or , or (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness Debt of any Person person or entity, except for the security interest created by this Security Agreement and except as for Liens specifically permitted by the Credit Loan Agreement.

Transfers and Other Liens. Grantor shall not: (ai) sellSell, 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 (bii) 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 Indebtedness of any Person person or entity, except for the security interest created by this Security Agreement and except as permitted by any security interest in favor of Grantee under the Credit AgreementAgreement or the Loan Documents.

Transfers and Other Liens. The Grantor shall not: (a1) 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 this Security Agreement; or (b2) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or 25 entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement or this Security Agreement.

Transfers and Other Liens. Grantor shall not: (a) sell, lease, license, 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 (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 Indebtedness the indebtedness or other obligations of any Person or entityPerson, except for the security interest created by this Security Agreement and except as permitted by the Credit Agreement.

Transfers and Other Liens. Grantor shall not: (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 (b) except for the security interest created by this Agreement or as expressly permitted with respect to Collateral under Section 7.2A of the Credit Agreement, create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness the indebtedness or other obligations of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit AgreementPerson.

Transfers and Other Liens. Such Grantor shall not: (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 Intercreditor Agreement; or (b) create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness of any Person or entity, except for the security interest created by this Security Agreement and except as permitted by the Credit Intercreditor Agreement.

Transfers and Other Liens. Grantor The Grantors shall not: (a) sellSell, 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 Equipment no longer useful to the Credit Agreement; orGrantors in its operations for its intended purpose. (b) create Create or suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral to secure Indebtedness Debt of any Person or entityPerson, except for the security interest created by this Security Agreement and except as or expressly permitted by Section 7.3 of the Credit Agreement.