Common use of Restriction on Disposition Clause in Contracts

Restriction on Disposition. The Grantor will not sell, assign, convey, exchange, lease, release or abandon, or otherwise dispose of, any Collateral except as expressly permitted in Section 7.5 of the Credit Agreement.

Appears in 2 contracts

Sources: Canadian Security Agreement (Bombay Co Inc), Canadian Security Agreement (Bombay Company Inc)

Restriction on Disposition. The Grantor will not sell, assign, convey, exchange, lease, release or abandon, or otherwise dispose of, any Collateral except as expressly permitted in Section 7.5 of the Credit Loan Agreement.

Appears in 1 contract

Sources: Canadian Security Agreement (Bombay Co Inc)