Common use of Conveyance of Collateral Clause in Contracts

Conveyance of Collateral. Pledgor will not sell or offer to sell or otherwise transfer or encumber the Collateral or any interest therein without the prior written consent of the Secured Party.

Appears in 4 contracts

Samples: Convertible Debenture Purchase Agreement (Vycor Medical Inc), Convertible Debenture Purchase Agreement (Vycor Medical Inc), Convertible Debenture Purchase Agreement (Vycor Medical Inc)

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Conveyance of Collateral. Pledgor will not sell or offer to sell or otherwise transfer or encumber the Collateral or any interest therein without the prior written consent of the Secured Party, except as set forth in the Stock Purchase Agreement. Pledgor will keep the Collateral free from any and all adverse liens, security interests and encumbrances.

Appears in 1 contract

Samples: Merger Agreement (Homecom Communications Inc)

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