RESTRICTIONS ON DEALING WITH COLLATERAL. The Corporation shall not, except in accordance with the Indenture, without the prior consent in writing of the Collateral Agent: 4.1.1. sell, assign, transfer, exchange, lease, consign or otherwise dispose of any Goods or all or any material part of the Collateral as a whole; or 4.1.2. create, assume or suffer to exist any Lien upon the Collateral. No provision hereof shall be construed as a subordination or postponement of the Security Interest to or in favour of any other Lien, whether or not such Lien is permitted hereunder or otherwise. The Corporation shall keep its chief executive office at the address set out on the first page of this Agreement and the Collateral at such locations set forth in Schedule 2.1.1 hereto, or, upon 20 Business Days prior notice to the Collateral Agent, at such other location in a jurisdiction where all actions required by section 9.5 hereof shall have been taken with respect to the Collateral.
Appears in 2 contracts
Sources: General Security Agreement (Hockey Co), General Security Agreement (Hockey Co)