Transfers, Liens and Encumbrances. (a) Sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except the Grantors may (i) sell or dispose of Inventory in the ordinary course of business, and (ii) sell or dispose of assets the Grantors have determined, in good faith, not to be useful in the conduct of its business, and (iii) sell or dispose of accounts in the course of collection in the ordinary course of business consistent with past practice.
Transfers, Liens and Encumbrances. (a) Sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Pledged Property.
Transfers, Liens and Encumbrances. (a) Sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except each Grantor may (i) sell or dispose of Inventory in the ordinary course of business, and (ii) sell or dispose of assets such Grantor has determined, in good faith, not to be useful in the conduct of its business, and (iii) sell or dispose of accounts in the course of collection in the ordinary course of business consistent with past practice, and (iv) license or sublicense Collateral consisting of intellectual property in the ordinary course of business.
Transfers, Liens and Encumbrances. Section 12.1. Prohibitions on Transfers, Liens and Encumbrances. ------------ -------------------------------------------------
Transfers, Liens and Encumbrances. (a) Sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Pledged Property, except Grantor may (i) sell or dispose of Inventory in the ordinary course of business, provided the proceeds from such sale are, subject to standard deferred payment arrangments with customers, paid in cash and upon receipt are immediately deposited directly into a Company bank account, and (ii) sell or dispose of assets the Grantor has determined, in good faith, not to be useful in the conduct of its business, provided the proceeds from such sale are, subject to standard deferred payment arrangments with customers, paid in cash and upon receipt are immediately deposited directly into a Company bank account and (iii) sell or dispose of accounts in the course of collection in the ordinary course of business consistent with past practice, provided the proceeds from such sale are, subject to standard deferred payment arrangments with customers, paid in cash and upon receipt are immediately deposited directly into a Company bank account.
Transfers, Liens and Encumbrances. (a) Sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral, except the Grantors may (i) (x) sell or dispose of Inventory or Real Estate or assets related thereto in the ordinary course of business and (y) sell or dispose of the Farm or Mount Xxxxxx or assets related thereto at any time, and (ii) sell or dispose of other assets the Grantors have determined, in good faith, not to be useful in the conduct of its business, and (iii) sell or dispose of accounts in the course of collection in the ordinary course of business consistent with past practice.
Transfers, Liens and Encumbrances. (a) Sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Pledged Property, except Grantor may (i) sell or dispose of Inventory in the ordinary course of business, and (ii) sell or dispose of assets the Grantor has determined, in good faith, not to be useful in the conduct of its business, (iii) sell or dispose of accounts in the course of collection in the ordinary course of business consistent with past practice; and (iv) discount, factor, sell or otherwise transfer accounts in connection with Permitted Indebtedness (as defined below) described in Section 7.3(viii).
Transfers, Liens and Encumbrances
