Common use of Agreement of Issuer Not to Assign or Pledge Clause in Contracts

Agreement of Issuer Not to Assign or Pledge. Except for the assignment and pledge described in the Indenture, the Issuer agrees that it will not attempt to further assign, pledge, transfer or convey its interest in or create any assignment, pledge, lien, charge or encumbrance of any form or nature with respect to the rights and interests herein described.

Appears in 11 contracts

Samples: Loan Agreement (York Water Co), Loan Agreement (York Water Co), Loan Agreement (York Water Co)

AutoNDA by SimpleDocs

Agreement of Issuer Not to Assign or Pledge. Except for the assignment and pledge described in the Indenture, the Issuer agrees that it will not attempt to further assign, pledge, transfer or convey its interest in or create any assignment, pledge, lien, charge or encumbrance of any form or nature with respect to the rights and interests herein therein described.

Appears in 3 contracts

Samples: Loan Agreement (Dte Energy Co), Loan Agreement (Dte Energy Co), Installment Sale Agreement (Alabama Power Co)

AutoNDA by SimpleDocs

Agreement of Issuer Not to Assign or Pledge. Except for the assignment and pledge described of the Trust Estate in the Indenture, the Issuer agrees that it will not attempt to further assign, pledge, transfer or convey its interest in or create any assignment, pledge, lien, charge or encumbrance of any form or nature with respect to any of the property, moneys, securities and rights and interests herein describedgranted by the Issuer to the Trustee under the Granting Clause of the Indenture.

Appears in 2 contracts

Samples: Lease Agreement (Tempur Pedic International Inc), Loan Agreement (Collins Industries Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!