Common use of Exercise of the Right of Pledge Clause in Contracts

Exercise of the Right of Pledge. 8.1 Prior to the settlement in full of the Secured Debts and without the written consent of the Pledgee, no Pledgor may transfer its Equity in Party C or pledge the Equity to any third party.

Exercise of the Right of Pledge. 8.1 Prior to the settlement in full of Before the Secured Debts and Debt is fully paid, no Pledgor may transfer its equity in Party C or re-pledge the equity to any third party without the written consent of the Pledgee, no Pledgor may transfer its Equity in Party C or pledge the Equity to any third party.