Common use of No Disposition, Etc Clause in Contracts

No Disposition, Etc. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor create, incur, or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor will not vote to enable the Company to, and will not otherwise permit the Company to, issue any stock or other securities of any nature in addition to or in exchange or substitution for the Pledged Stock.

Appears in 1 contract

Samples: Pledge Agreement (Caminus Corp)

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No Disposition, Etc. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor create, incur, or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor will not vote to enable the Company DC Systems to, and will not otherwise permit the Company DC Systems to, issue any stock or other securities of any nature in addition to or in exchange or substitution for the Pledged Stock.

Appears in 1 contract

Samples: Pledge Agreement (Caminus Corp)

No Disposition, Etc. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor create, incur, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor it will not vote to enable the Company issuer of the Pledged Stock owned by Pledgor to, and will not otherwise permit the Company such issuer to, issue any stock or other securities of any nature in addition to or in exchange or substitution for the such Pledged Stock.

Appears in 1 contract

Samples: Security Agreement (Temtex Industries Inc)

No Disposition, Etc. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor create, incur, or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the Lender, the Pledgor agrees that the Pledgor will not vote to enable the Company DCS* Gasnet to, and will not otherwise permit the Company DCS* Gasnet to, issue any stock or other securities of any nature in addition to or in exchange or substitution for the Pledged Stock.

Appears in 1 contract

Samples: Pledge Agreement (Caminus Corp)

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No Disposition, Etc. Without the prior written consent of the LenderUDSC, the Pledgor agrees that the Pledgor it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor it create, incur, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the LenderUDSC, the Pledgor agrees that the Pledgor it will not vote to enable the Company issuer of the Pledged Stock owned by Pledgor to, and will not otherwise permit the Company such issuer to, issue any stock or other securities of any nature in addition to or in exchange or substitution for the such Pledged Stock.

Appears in 1 contract

Samples: Pledge and Security Agreement (JLM Industries Inc)

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