Common use of Disposition of Pledged Collateral Clause in Contracts

Disposition of Pledged Collateral. Except to the extent permitted under Section 8.05(b) of the Credit Agreement, the Grantor will not surrender or lose possession of (other than to the Administrative Agent or, with the prior consent of the Administrative Agent, to a depositary or financial intermediary), exchange, sell, convey, assign or otherwise dispose of or transfer the Pledged Collateral or any right, title or interest therein.

Disposition of Pledged Collateral. Except to the extent as permitted under Section 8.05(b) of by the Credit Agreement, the Grantor will not surrender or lose possession of (other than to the Administrative Collateral Agent or, with the prior consent of the Administrative Collateral Agent, to a depositary or financial intermediary), exchange, sell, convey, assign or otherwise dispose of or transfer the Pledged Collateral or any right, title or interest therein.