Liens on Pledged Collateral. The Pledgor will not sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral or create or suffer to exist any lien or encumbrance (other than security interests in favor of the Lender) on any Pledged Collateral. The Pledgor agrees that it will cause the issuer of the Pledged Collateral not to issue any stock or other securities in substitution for or in addition to the Pledged Collateral issued by such issuer, except to the Pledgor. The Pledgor will pledge hereunder, immediately upon Pledgor's acquisition (directly or indirectly) thereof, any and all additional shares of stock or other securities received in substitution for or in addition to any Pledged Collateral.
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Liens on Pledged Collateral. The Pledgor will not sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral or create or suffer to exist any lien or encumbrance Lien (other than security interests in favor of the LenderPledgee and the Pledgee) on any Pledged Collateral. The Pledgor agrees that it will cause the each issuer of the Pledged Collateral Shares not to issue any stock or other securities in addition to or in substitution for or in addition to the Pledged Collateral Shares issued by such issuer, except to the Pledgor. The , and the Pledgor will pledge hereunder, immediately upon Pledgor's its acquisition (directly or indirectly) thereof, any and all additional shares of stock or other securities received in substitution for or in addition to any of each issuer of the Pledged Collateral.Shares. SECTION 4.3 (Intentionally Omitted)
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Samples: Guaranty Agreement (Natural Gas Services Group Inc)
Liens on Pledged Collateral. The Pledgor will not sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral or create or suffer to exist any lien or encumbrance Lien (other than security interests in favor of the LenderBank) on any Pledged Collateral. The Pledgor agrees that it he will cause the each issuer of the Pledged Collateral Shares not to issue any stock or other securities in addition to or in substitution for or in addition to the Pledged Collateral Shares issued by such issuer, except to the Pledgor. The Pledgor and the Pledgor will pledge hereunder, immediately upon Pledgor's his acquisition (directly or indirectly) thereof, any and all additional shares of stock or other securities received in substitution for or in addition to any of each issuer of the Pledged CollateralShares.
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Samples: Pledge Agreement (Fountain Powerboat Industries Inc)
Liens on Pledged Collateral. The Pledgor will not sell --------------------------- or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral or create or suffer to exist any lien or encumbrance Lien (other than security interests in favor of the LenderBank) on any Pledged Collateral. The Pledgor agrees that it will cause the each issuer of the Pledged Collateral Shares not to issue any stock or other securities in addition to or in substitution for or in addition to the Pledged Collateral Shares issued by such issuer, except to the Pledgor. The Pledgor and the Xxxxxxx will pledge hereunder, immediately upon Pledgor's its acquisition (directly or indirectly) thereof, any and all additional shares of stock or other securities received in substitution for or in addition to any of each issuer of the Pledged CollateralShares.
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Samples: Stock Pledge Agreement (Hadron Inc)