Exercising of Rights. The exercise by the Bank of its rights and remedies hereunder will not violate any law or governmental regulation or any material contractual restriction binding on or affecting Pledgor or any of its property, provided that the Bank obtains all necessary Governmental Approvals pursuant to Section 10(e) hereof.
Appears in 2 contracts
Samples: Pledge Agreement (Argyle Security, Inc.), Loan and Security Agreement (Argyle Security, Inc.)
Exercising of Rights. The exercise by the Bank of its rights and remedies hereunder will not violate any law or governmental regulation or any material contractual restriction binding on or affecting a Pledgor or any of its property, provided that the Bank obtains all necessary Governmental Approvals pursuant to Section 10(e) hereof.
Appears in 2 contracts
Samples: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)
Exercising of Rights. The exercise by the Bank of its rights and remedies hereunder will not violate contravene any law or governmental regulation or any material contractual restriction binding on or affecting the Pledgor or any of its property, provided that the Bank obtains all necessary Governmental Approvals pursuant to Section 10(e) hereof.
Appears in 1 contract
