UNPERMITTED DISPOSITION. Any voluntary sale, encumbrance or disposition of any Collateral or Receivables or any part thereof or interest therein not expressly permitted by the Transaction Documents (other than in connection with an Insolvency Proceeding at the direction of a court or Governmental Authority);
UNPERMITTED DISPOSITION. Any voluntary sale, encumbrance or disposition of any Collateral or any part thereof or interest therein not expressly permitted by the Credit Documents;