Common use of No Encumbrance Clause in Contracts

No Encumbrance. None of the Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow Agreement.

No Encumbrance. None of the Escrow Shares or any beneficial -------------- interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent Custodian or KHC Cambridge to such Holder pursuant to this Escrow Agreement.

No Encumbrance. None of the Escrow Shares or any beneficial interest therein may be pledged, soldsold (except as provided in Section 1.3), assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC Parent to such Holder pursuant to this Escrow Agreement.

No Encumbrance. None of the Escrow Shares or any beneficial -------------- interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent Custodian or KHC Parent to such Holder pursuant to this Escrow Agreement.

No Encumbrance. None of Except as contemplated in the Purchase -------------- Agreement and as provided in this Agreement (including, without limitation, in connection with the Distribution), no Escrow Shares or any beneficial interest therein in the Escrow Shares may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, Holder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery to such Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementDepository Agent.

No Encumbrance. None of the Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC Parent to such Holder pursuant to this Escrow Agreement.

No Encumbrance. None of the No Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law law, by Holder or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder (other than Holder's obligations under Section 10.3 of the Agreement), prior to the delivery to Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.

No Encumbrance. None of the No Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, Holder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a the Holder (other than such Holder's obligations under Section 10.2 of the Agreement), prior to the delivery to such Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.

No Encumbrance. None of the No Escrow Shares or Escrow Notes or any beneficial -------------- interest therein may be pledged, sold, assigned or transferred, including by operation of law law, by the Shareholders or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holderthe Shareholders, prior to the delivery to the Shareholders of the Escrow Shares or Escrow Notes by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.

No Encumbrance. None of the No Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, Holder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a the Holder (other than such Holder's obligations under Section 10.2 of the Plan), prior to the delivery to such Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.

No Encumbrance. None of the Shares held in the Escrow Shares or nor any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law law, by Seller or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementSeller.