Limited Pledge Sample Clauses

Limited Pledge. Sections 4.04, 4.05 4.06 and 4.07 of the Existing Repurchase Agreement are hereby deleted in their entirety and replaced with the following:
Sample 1
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Limited Pledge. Notwithstanding anything to the contrary contained elsewhere in this Agreement, International Holdings and DeVry shall pledge, charge, assign, transfer and set over to the Collateral Agent only for the ratable benefit of the GEI Secured Parties, Stock Certificate No. 3 representing 35 shares of common stock of GEI (the "GEI Restricted Stock") constituting 35% of its Equity Interests of GEI together with the Related Stock Rights of such Equity Interests to secure International Holdings' obligations under the Guaranties of International Holdings in favor of the Banks, the Noteholders and any Additional Noteholders pursuant to which International Holdings guaranteed or will guaranty the GEI Obligations, and such GEI Restricted Stock shall not under any circumstances be pledged or charged to the Collateral Agent to secure the DeVry Obligations or any Guaranty thereof.
Sample 1
Limited Pledge. 13 ARTICLE IV REMEDIES SECTION 4.01.
Sample 1
Limited Pledge. (a) Notwithstanding anything in any Transaction Document to the contrary, the Collateral Agent’s right to enforce on the Collateral shall not result in the Collateral Agent or the Secured Parties receiving Proceeds in excess of $4,500,000 (the “Secured Amount”). Any Proceeds received by the Collateral Agent or the Secured Parties in excess of the Secured Amount shall be remitted to Bird Rides by the applicable party, in a manner reasonably satisfactory to Bird Rides and the Collateral Agent, within 30 days of the receipt of any such excess Proceeds.
Sample 1

Related to Limited Pledge

  • Transfers and Pledges This Agreement shall not impose any restriction on the right of the Member to sell, transfer, assign, dispose of or pledge as collateral any membership interest of the Company.

  • Limited Partner Transfers (a) Except as provided in clauses (b), (c), (d) and (f) of this Section 8.03, no Limited Partner or Assignee thereof may Transfer (including by exchanging in an Exchange Transaction) all or any portion of its Units or other interest in the Partnership (or beneficial interest therein) without the prior consent of the General Partner, which consent may be given or withheld, or made subject to such conditions (including, without limitation, the receipt of such legal opinions and other documents that the General Partner may require) as are determined by the General Partner, in each case in the General Partner’s sole discretion. Any such determination in the General Partner’s discretion in respect of Units shall be final and binding. Such determinations need not be uniform and may be made selectively among Limited Partners, whether or not such Limited Partners are similarly situated, and shall not constitute the breach of any duty hereunder or otherwise existing at law, in equity or otherwise. Any purported Transfer of Units that is not in accordance with, or subsequently violates, this Agreement shall be, to the fullest extent permitted by law, null and void.

  • Registration and Transfer of Limited Partner Interests (a) The General Partner shall keep or cause to be kept on behalf of the Partnership a register in which, subject to such reasonable regulations as it may prescribe and subject to the provisions of Section 4.5(b), the Partnership will provide for the registration and transfer of Limited Partner Interests.

  • Transfers of Limited Partnership Interests 9.1 Restrictions on Transfer of Limited Partnership Interests.

  • Certification of Limited Liability Company and Limited Partnership Interests Each interest in any limited liability company or limited partnership controlled by any Grantor and pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

  • Certificate of Limited Liability Company Interest A Member’s limited liability company interest may be evidenced by a certificate of limited liability company interest executed by the Manager or an officer in such form as the Manager may approve; provided that such certificate of limited liability company interest shall not bear a legend that causes such limited liability company interest to constitute a security under Article 8 (including Section 8-103) of the Uniform Commercial Code as enacted and in effect in the State of Delaware, or the corresponding statute of any other applicable jurisdiction.

  • Limited Recourse (a) With respect to any claim by the Administrator for recovery of that portion of any fees or reimbursable expenses (or any other liability of a Fund arising under this Agreement) related to a particular series and class of a Fund, whether in accordance with the express terms of this Agreement or otherwise, the Administrator will have recourse solely against the assets of that series and class to satisfy the claim and will have no recourse against the assets of any other series and class of any Fund.

  • Limited Liability of Limited Partners (1) Each Unit of Limited Partnership Interest, when purchased by a Limited Partner, subject to the qualifications set forth below, shall be fully paid and non-assessable.

  • Assignment of Membership Interest Contributor shall have executed and delivered to Acquirer an Assignment and Assumption Agreement, in substantially the form of Exhibit A attached hereto (the "Assignment and Assumption Agreement");

  • Assignments and Transfers by Investors The provisions of this Agreement shall be binding upon and inure to the benefit of the Investors and their respective successors and assigns. An Investor may transfer or assign, in whole or from time to time in part, to one or more persons its rights hereunder in connection with the transfer of Registrable Securities by such Investor to such person, provided that such Investor complies with all laws applicable thereto and provides written notice of assignment to the Company promptly after such assignment is effected.

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