Common use of Sale, Disposition or Encumbrance of Collateral Clause in Contracts

Sale, Disposition or Encumbrance of Collateral. Except as set forth herein and for Permitted Liens, as permitted by any of the Operative Documents or with the Secured Party's prior written consent, the Lessee will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than the Secured Party.

Appears in 3 contracts

Sources: Lease Agreement (Protective Life Corp), Lease Agreement (Protective Life Insurance Co), Lease Agreement (Protective Life Corp)

Sale, Disposition or Encumbrance of Collateral. Except as set forth herein and for Permitted Liens, as permitted by any of the Operative Documents or with the Secured Party's ’s prior written consent, the Lessee will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than the Secured Party.

Appears in 2 contracts

Sources: Lease Agreement (Protective Life Corp), Lease Agreement (Protective Life Insurance Co)

Sale, Disposition or Encumbrance of Collateral. Except as set forth herein and for Permitted Liens, as permitted by any of the Operative Documents or with the Secured Party's prior written consent, the Lessee will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than the Secured Party.

Appears in 2 contracts

Sources: Master Lease Agreement (Coca Cola Bottling Co Consolidated /De/), Master Lease Agreement (American Freightways Corp)

Sale, Disposition or Encumbrance of Collateral. Except as set forth herein and for Permitted Liens, as permitted by any of the Operative Transaction Documents or with the Secured Party's prior written consent, the Lessee will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than the Secured Party.

Appears in 1 contract

Sources: Lease Agreement (Vincam Group Inc)

Sale, Disposition or Encumbrance of Collateral. Except as set forth herein and for ---------------------------------------------- Permitted Liens, subleases permitted under Section 12(c), as permitted by any of the Operative Documents or with the Secured Party's prior written consent, the Lessee will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than the Secured Party.

Appears in 1 contract

Sources: Lease Agreement (Scientific Atlanta Inc)

Sale, Disposition or Encumbrance of Collateral. Except as set forth herein and for ---------------------------------------------- Permitted Liens, as permitted by any of the Operative Documents or with the Secured Party's prior written consent, the Lessee will not in any way encumber any of the Collateral (or permit or suffer any of the Collateral to be encumbered) or sell, assign, lend, rent, lease or otherwise dispose of or transfer any of the Collateral to or in favor of any Person other than the Secured Party.

Appears in 1 contract

Sources: Lease Agreement (Us Xpress Enterprises Inc)