No Exercise or Transfer of Contract Rights. The Pledgor agrees that, notwithstanding any provision of the Master Agreement (or any other provision or agreement) to the contrary, so long as any Option Loan Obligations are outstanding, it shall not exercise any of the Pledgor Contract Rights (other than on the Expiration Date of the relevant Options) or transfer or assign any of the Pledgor Contract Rights, except with the prior written consent of the Lender.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Erbey William C), Pledge and Security Agreement (Ricketts J Joe), Pledge and Security Agreement (Ricketts J Joe)
No Exercise or Transfer of Contract Rights. The Pledgor agrees that, notwithstanding any provision of the Master Agreement (or any other provision or agreement) to the contrary, so long as any Option Collar Loan Obligations are outstanding, it shall not exercise any of the Pledgor Contract Rights (other than on the Expiration Date of the relevant OptionsCollars) or transfer or assign any of the Pledgor Contract Rights, except with the prior written consent of the Lender.
Appears in 1 contract
Samples: Pledge and Security Agreement (Solitario Resources Corp)
