Common use of Negative Covenants Pending Closing Clause in Contracts

Negative Covenants Pending Closing. The Seller will not: (a) Disposition of Assets. Sell or transfer, or mortgage, pledge or create or permit to be created any security interest on, any of the Division's assets, other than sales in the ordinary course of business;

Negative Covenants Pending Closing. The Seller will not: (a) Disposition of Assets. Sell or transfer, or mortgage, pledge or create or permit to be created any security interest on, any of the Division's its assets, other than sales in the ordinary course of business;

Negative Covenants Pending Closing. The Seller will not:: ---------------------------------- (ai) Disposition of Assets. Sell or transfer, or mortgage, --------------------- pledge or create or permit to be created any security interest lien on, any of the Division's its assets, other than sales or transfers in the ordinary course of businessbusiness and liens existing under arrangements disclosed herein or permitted under Section 2.15;