Common use of Encumbrances Clause in Contracts

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 140 contracts

Sources: Annual Report, Annual Report, Loan and Security Agreement (Versata Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien ------------ with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 21 contracts

Sources: Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Quicklogic Corporation), Loan Agreement (Ultradata Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with ------------ respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 10 contracts

Sources: Loan and Security Agreement (Audible Inc), Revolving Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Copper Mountain Networks Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accountsaccounts receivable, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 3 contracts

Sources: Loan and Security Agreement (Ribogene Inc / Ca/), Loan and Security Agreement (Abgenix Inc), Loan and Security Agreement (Intevac Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its propertythe Collateral, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 3 contracts

Sources: Loan and Security Agreement (Biomarin Pharmaceutical Inc), Loan and Security Agreement (Vtel Corp), Loan and Security Agreement (Vtel Corp)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens, without the prior written consent of the Bank.

Appears in 1 contract

Sources: Loan and Security Agreement (Hybridon Inc)

Encumbrances. Create, Create incur, assume or suffer to exist any Lien with respect to any of its property, or assign assigns or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 1 contract

Sources: Loan and Security Agreement (Tegal Corp /De/)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 1 contract

Sources: Loan and Security Agreement (Vista Information Solutions Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any AccountsAccounts (other than delinquent Accounts in the ordinary course of business), or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 1 contract

Sources: Loan Agreement (Cymer Inc)

Encumbrances. Create, incur, assume or suffer to exist any Lien (other than any Permitted Lien) with respect to any of its property, or assign or otherwise convey any right to receive products, proceeds or income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, Accounts (except for Permitted Liens), or agree with any Person other than Bank not to grant a security interest in, or otherwise encumber, any of its property.

Appears in 1 contract

Sources: Loan and Security Agreement (Orchard Enterprises, Inc.)

Encumbrances. CreateOther than with respect to Intellectual Property, create, incur, assume or suffer to exist any Lien with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

Appears in 1 contract

Sources: Loan and Security Agreement (Digirad Corp)