No Liens; No Sale of Collateral. The Pledgor will not create, assume, incur, permit or suffer to exist, or to be created, assumed or incurred, any lien, security interest, pledge, hypothecation or other encumbrance (each a "Lien") on any of the Collateral (or any interest therein), and will not, without the prior written consent of the Secured Party, sell, assign, transfer or otherwise dispose of (or enter into any agreement or understanding to do any of the foregoing), all or any portion of the Collateral (or any interest therein).
Appears in 4 contracts
Samples: Pledge Agreement (Irt Property Co), Pledge Agreement (Irt Property Co), Pledge Agreement (Irt Property Co)
No Liens; No Sale of Collateral. The Pledgor will not create, assume, incur, ------------------------------- incur or permit or suffer to exist, exist or to be created, assumed or incurred, any lien, security interest, pledge, hypothecation or other encumbrance (each a "Lien") Lien on any of the Collateral (or any interest therein), other than Permitted Liens, and will notnot sell, without the prior written consent of the Secured Party, selllease, assign, transfer or otherwise dispose of (or enter into any agreement or understanding to do any of the foregoing), all or any portion of the Collateral (or any interest therein)) except as otherwise provided herein other than as permitted under the Notes.
Appears in 1 contract
No Liens; No Sale of Collateral. The Pledgor will not create, assume, incur, incur or permit or suffer to exist, exist or to be created, assumed or incurred, any lien, security interest, pledge, hypothecation or other encumbrance (each a "Lien") Lien on any of the Collateral (or any interest therein), other than Permitted Liens, and will not, without the prior written consent of the Secured PartyPledgee, sell, lease, assign, transfer or otherwise dispose of (or enter into any agreement or understanding to do any of the foregoing), all or any portion of the Collateral (or any interest therein).
Appears in 1 contract