Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the Relevant Pledged Assets, except as permitted by the Clearing Conditions and the Agreement and as long as no Event of Default has occurred. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee) and the Pledgee is allowed to notify CBL of the occurrence of the Event of Default.
Appears in 4 contracts
Samples: Pledge Agreement, Pledge Agreement, Pledge Agreement
Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the any Relevant Pledged Assets, Assets except as permitted by the Clearing Conditions and the Agreement and as long as no Event of Default has occurred. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee) and the Pledgee is allowed entitled to notify CBL of the occurrence of the Event of Default.
Appears in 4 contracts
Samples: Pledge Agreement, Pledge Agreement, Pledge Agreement
Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the any Relevant Pledged Assets, Assets except as permitted by the Clearing Conditions and or the Agreement (including this Schedule 1) or the arrangements governing a Previous Pledge or a Permitted Pledge and as long as no Event of Default has occurredoccured. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee) and the ). The Pledgee is allowed entitled to notify CBL of the occurrence of the Event of DefaultDefault so as to block the operation of the relevant Non-CmaX Pledged Account(s) and ensure CBL solely complies with the instructions of the Pledgee.
Appears in 4 contracts
Samples: Pledge Agreement, Pledge Agreement, Pledge Agreement
Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the any Relevant Pledged Assets, except as permitted by the Clearing Conditions and the Agreement and as long as no Event of Default has occurred. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee) and the Pledgee is allowed to notify CBL of the occurrence of the Event of Default.
Appears in 4 contracts
Samples: Pledge Agreement, Pledge Agreement, Pledge Agreement