Common use of Additional Covenants of Pledgor Clause in Contracts

Additional Covenants of Pledgor. 6.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only Lender. 6.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's expense.

Appears in 2 contracts

Samples: Pledge Agreement (Aldila Inc), Pledge Agreement (Aldila Inc)

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Additional Covenants of Pledgor. 6.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender in and to the Pledged Securities Collateral and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Personspersons, so long as this Agreement shall remain in effect. 6.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange exchange, or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged SecuritiesCollateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only Lender. 6.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender and to do or cause to be done all such other acts as may be necessary to enforce the Lender’s rights of Lender under this Agreement, (b) not to take any action, or to fail to take any action that which would be adverse to the Lender’s interest of Lender in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities Collateral valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's ’s expense.

Appears in 2 contracts

Samples: Assignment & Security Agreement (John D. Oil & Gas Co), Pledge Agreement (John D. Oil & Gas Co)

Additional Covenants of Pledgor. 6.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender Agent in and to the Pledged Securities Collateral and the proceeds thereof, and to maintain and preserve the lien Lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange exchange, or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist exist, any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance Lien with respect to any of the Pledged SecuritiesCollateral, or any interest therein, or any proceeds thereof, except as otherwise permitted by the Credit Agreement and except for the lien and security interest Lien provided for by this Agreement and any security agreement securing only LenderLenders. 6.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender Agent and Lenders and to do or cause to be done all such other acts as may be reasonably necessary to enforce the rights of Lender Agent and Lenders under this Agreement, (b) not to take any action, or to nor fail to take any action that would be adverse to the interest of Lender Agent or Lenders in the Pledged Collateral and hereunderor under this Agreement or both, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's ’s expense.

Appears in 2 contracts

Samples: Pledge Agreement (Ultralife Corp), Pledge Agreement (Ultralife Corp)

Additional Covenants of Pledgor. 6.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender Agent and the Banks in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange exchange, or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only LenderAgent and the Banks. 6.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender Agent and the Banks and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender Agent and the Banks under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender Agent and the Banks in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's expense.

Appears in 2 contracts

Samples: Credit Agreement (Oglebay Norton Co /New/), Loan Agreement (Oglebay Norton Co /New/)

Additional Covenants of Pledgor. 129 135 6.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender Agent and the Banks in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange exchange, or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only LenderAgent and the Banks. 6.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender Agent and the Banks and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender Agent and the Banks under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender Agent and the Banks in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's expense.

Appears in 1 contract

Samples: Credit Agreement (Oglebay Norton Co)

Additional Covenants of Pledgor. 6.14.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender the Holder in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.24.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for (i) the lien and security interest provided for by this Agreement and any security agreement securing only Lenderthe Holder, (ii) the Exchange Agreement, and (iii) the Senior Pledge Agreement. 6.34.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender the Holder and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender the Holder under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender the Holder in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's ’s expense.

Appears in 1 contract

Samples: Pledge Agreement (Sphere 3D Corp)

Additional Covenants of Pledgor. 6.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender Agent and the Lenders in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only LenderAgent and the Lenders. 6.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender Agent and the Lenders and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender Agent and the Lenders under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender Agent and the Lenders in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's ’s expense.

Appears in 1 contract

Samples: Pledge Agreement (Jupitermedia Corp)

Additional Covenants of Pledgor. 6.17.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender Administrative Agent and the Lenders in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.27.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only LenderAdministrative Agent and the Lenders. 6.37.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender Administrative Agent and the Lenders and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender Administrative Agent and the Lenders under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender Administrative Agent and the Lenders in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's expense.all

Appears in 1 contract

Samples: Pledge Agreement (Hawk Corp)

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Additional Covenants of Pledgor. 6.15.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.25.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only Lender. 6.35.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's expense.

Appears in 1 contract

Samples: Pledge Agreement (S&W Seed Co)

Additional Covenants of Pledgor. 6.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender Administrative Agent and the Lenders in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only LenderAdministrative Agent and the Lenders. 6.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender Administrative Agent and the Lenders and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender Administrative Agent and the Lenders under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender Administrative Agent and the Lenders in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's expense.

Appears in 1 contract

Samples: Pledge Agreement (Hawk Corp)

Additional Covenants of Pledgor. 6.18.1. Pledgor covenants and agrees to defend the right, title and security interest of Lender Collateral Agent and the Lenders in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain in effect. 6.28.2. Except as expressly permitted by the Credit Agreement, Pledgor covenants and agrees not to sell, assign, transfer, exchange exchange, or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only LenderCollateral Agent and the Lenders. 6.38.3. Pledgor covenants and agrees (a) to cooperate, in good faith, with Lender Collateral Agent and the Lenders and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender Collateral Agent and the Lenders under this Agreement, (b) not to take any action, or to fail to take any action that would be adverse to the interest of Lender Collateral Agent and the Lenders in the Collateral and hereunder, and (c) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's expense.

Appears in 1 contract

Samples: Pledge Agreement (Amcast Industrial Corp)

Additional Covenants of Pledgor. 6.1. (a) Pledgor covenants and agrees to defend the right, title and security interest of Lender Agent and the Lenders in and to the Pledged Securities and the proceeds thereof, and to maintain and preserve the lien and security interest provided for by this Agreement against the claim and demands of all Persons, so long as this Agreement shall remain remains in effect. 6.2. Except as expressly permitted by the Credit Agreement, (b) Pledgor covenants and agrees not to sell, assign, transfer, exchange or otherwise dispose of, or grant any option with respect to, or create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement and any security agreement securing only LenderAgent and the Lenders. 6.3. (c) Pledgor covenants and agrees (ai) to cooperate, in good faith, with Lender Agent and the Lenders and to do or cause to be done all such other acts as may be necessary to enforce the rights of Lender Agent and the Lenders under this Agreement, (bii) not to take any action, or to fail to take any action that would be adverse to the interest of Lender Agent and the Lenders in the Collateral and hereunder, and (ciii) to make any sale or sales of any portion or all of the Pledged Securities valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales at Pledgor's ’s expense.

Appears in 1 contract

Samples: Credit Agreement (Steris Corp)

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