Encumbrances and Dispositions. The Borrower shall not (a) ----------------------------- encumber any of the Property, or permit any of the Property to be encumbered, with any kind of Lien, other than Permitted Encumbrances, or (b) sell, transfer or otherwise dispose of, or grant any option or warrant with respect to, any of the Property.
Appears in 6 contracts
Samples: Pledge Agreement (Alabama National Bancorporation), Pledge Agreement (Alabama National Bancorporation), Pledge Agreement (Alabama National Bancorporation)
