Common use of No Disposition, Etc Clause in Contracts

No Disposition, Etc. Until the irrevocable payment in full, satisfaction or expiration of the Notes, the Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Interests or any other Pledged 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 any of the Pledged Interests or any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of the Pledgee provided for by this Agreement and the Security Agreement and Permitted Liens as defined in the Notes.

Appears in 2 contracts

Sources: Pledge Agreement, Pledge Agreement (OncBioMune Pharmaceuticals, Inc)

No Disposition, Etc. Until the irrevocable payment Payment in full, satisfaction or expiration Full of the NotesObligations, the each Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Interests or any other Pledged Collateral, nor will the any Pledgor create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Interests or any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of the Pledgee provided for by this Agreement and Agreement, the Security Agreement Agreement, the other Collateral Documents and Permitted Liens as defined in the NotesLiens.

Appears in 2 contracts

Sources: Pledge Agreement (Workhorse Group Inc.), Pledge Agreement

No Disposition, Etc. Until the irrevocable payment in full, satisfaction or expiration of the Notes, the Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Interests or any other Pledged 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 any of the Pledged Interests or any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of the Pledgee provided for by this Agreement and the Security Agreement and Permitted Liens Encumbrance, as defined in the NotesPurchase Agreement.

Appears in 2 contracts

Sources: Pledge Agreement, Pledge Agreement (OncBioMune Pharmaceuticals, Inc)

No Disposition, Etc. Until the irrevocable payment Payment in full, satisfaction or expiration Full of the NotesObligations, the Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Interests or any other Pledged Collateral, nor will the any Pledgor create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Interests or any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of the Pledgee provided for by this Agreement and Agreement, the Security Agreement Agreement, the other Collateral Documents and Permitted Liens as defined in the NotesLiens.

Appears in 1 contract

Sources: Pledge Agreement (Adma Biologics, Inc.)