Common use of Disposition or Encumbrance of Shares Clause in Contracts

Disposition or Encumbrance of Shares. The Shareholder hereby agrees that, during the Term, it shall not, and shall not offer or agree to, sell, transfer, tender, assign, pledge, hypothecate or otherwise dispose of, or create or permit to exist any Encumbrance (as hereinafter defined) on any of the Shares.

Appears in 2 contracts

Samples: Purchase and Sale and Voting Agreement (TRW Inc), Purchase and Sale and Voting Agreement (Saugatuck Capital Co LTD Partnership Iii)

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Disposition or Encumbrance of Shares. The Each Shareholder hereby agrees that, during the Term, it shall not, and shall not offer or agree to, sell, transfer, tender, assign, pledge, hypothecate or otherwise dispose of, or create or permit to exist any Encumbrance (as hereinafter defined) on any of the such Shareholder’s Shares.

Appears in 2 contracts

Samples: Shareholders Agreement (TRW Inc), Shareholders Agreement (TRW Inc)

Disposition or Encumbrance of Shares. The Shareholder Each Stockholder hereby agrees that, during the Term, it shall not, and shall not offer or agree to, sell, transfer, tender, assign, pledge, hypothecate or otherwise dispose of, or create or permit to exist any Encumbrance (as hereinafter defined) on any of the such Stockholder's Shares.

Appears in 2 contracts

Samples: Stockholders Agreement (Trans World Airlines Inc /New/), Stockholders Agreement (BDM International Inc /De)

Disposition or Encumbrance of Shares. The Shareholder Except pursuant to the Offer, Stockholder hereby agrees that, during the Term, it shall not, and shall not offer or agree to, sell, transfer, tender, assign, pledge, hypothecate or otherwise dispose of, or create or permit to exist any Encumbrance (as hereinafter defined) on any of the Shares.

Appears in 1 contract

Samples: Stockholder Agreement (Em Industries Inc)

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Disposition or Encumbrance of Shares. The Each Shareholder hereby agrees that, during the Term, it shall not, and shall not offer or agree to, sell, transfer, tender, assign, pledge, hypothecate or otherwise dispose of, or create or permit to exist any Encumbrance (as hereinafter defined) on any of the such Shareholder's Shares.

Appears in 1 contract

Samples: Shareholders Agreement (Alliance Capital Investments Corp)

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