Negative Covenants of Pledgor. Until the Secured Obligations are paid in full, Pledgor covenants that it will not, without the prior written consent of Agent and Required Holders, (a) sell, convey or otherwise dispose of any of the Pledged Collateral or any interest therein other than as permitted under the Notes Amendment Documents; (b) grant or permit to exist any Lien whatsoever upon or with respect to any of the Pledged Collateral or the proceeds thereof, other than the security interest created hereby; (c) consent to the issuance by any Company of any new Equity Interests; (d) consent to any merger or other consolidation of any Company with or into any corporation or other entity other than as permitted under the Notes Amendment Documents; (e) cause any Pledged Collateral to be held or maintained in the form of a security entitlement or credited to any securities account; (f) designate, or cause any Company to designate, any of the Pledged Collateral constituting membership interests in a limited liability company or general or limited partnership interests in a limited partnership or limited liability partnership as a “security” under Article 8 of the UCC, unless such Company has caused such Pledged Collateral to become certificated and has complied with the requirements of Section 6(e) hereof with respect to such Pledged Collateral; (g) evidence, or permit any Company to evidence, any of the Pledged Collateral that is not currently certificated, with any certificates, instruments or other writings, unless such Company has complied with the provisions of Section 6(e) of this Agreement; or (h) consent to or permit any amendment of the organizational documents of any Company that would restrict Pledgor’s right to vote, pledge or grant a security interest in or otherwise transfer its respective portion of the Pledged Collateral.
Negative Covenants of Pledgor. Until all Secured Obligations of the Pledgor are paid in full and performed, the Pledgor hereby covenants and agrees that it shall not, unless the Collateral Agent otherwise consent in advance in writing:
Negative Covenants of Pledgor. Until Full Payment, Pledgor covenants that Pledgor will not:
Negative Covenants of Pledgor. Until all of the Obligations have been paid and satisfied in full and the Financing Agreement terminated in writing, Pledgor covenants that it will not:
Negative Covenants of Pledgor. Until all of the Obligations have been satisfied in full and the Loan Documents terminated, Pledgor covenants that it will not sell, convey or otherwise dispose of any of the Collateral or any interest therein; incur or permit to be incurred any pledge, lien, charge, or encumbrance or any security interest whatsoever in or with respect to any of the Collateral or the proceeds thereof, other than the security interest created hereby and such security interests as Lender has heretofore consented to in writing; or permit the Company to issue any new stock.
Negative Covenants of Pledgor. Until all of the Secured Obligations have been satisfied in full and the Credit Agreement has been terminated, Pledgor covenants that it will not, unless expressly permitted by the Credit Agreement, (a) sell, convey or otherwise dispose of any of the Pledged Collateral or any interest therein; (b) incur or permit to be incurred any Lien whatsoever upon or with respect to any of the Pledged Collateral or the proceeds thereof, other than the security interest created hereby; (c) consent to the issuance by Company of any new stock; or (d) consent to any merger or other consolidation of Company with or into any corporation or other entity.
Negative Covenants of Pledgor. 6 Section 4.01.
Negative Covenants of Pledgor. During the term of this Agreement, Pledgor covenants that it will not (a) sell, convey or otherwise dispose of any of the Pledged Collateral or any interest therein, provided that Pledgor may sell all or any portion of the Stock pursuant to one or more sales to the extent permitted by Section 7.5 or 7.6 of the Loan Agreement (each, a “Permitted Sale”), and at the time of each such Permitted Sale, the Stock so sold and Pledgor’s rights with respect thereto shall cease to be subject to the terms of this Agreement and Agent shall deliver to Pledgor, at Pledgor’s expense, the Stock so sold; (b) incur or permit to be incurred any Lien whatsoever upon or with respect to any of the Pledged Collateral or the proceeds thereof, other than the security interest created hereby; (c) consent to the issuance by any Company of any new stock; or (d) consent to any merger or other consolidation of any Company with or into any corporation or other entity except to the extent such merger or other consolidation is permitted by Section 7.5 or 7.6 of the Loan Agreement.
Negative Covenants of Pledgor. Until the Final Payout Date, the Pledgor agrees that it will perform and observe its covenants and agreements set forth in this Section 6.
Negative Covenants of Pledgor. Pledgor further covenants and agrees that, without the prior written consent of the Secured Party, Pledgor will not, and will not permit any of its subsidiaries, or the Manager with respect to Pledgor or any such subsidiary, to:
