No Liens; No Transfer of Pledged Collateral. No Pledgor will (i) except as otherwise permitted by the Loan Documents, sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral without the prior written consent of the Administrative Agent, (ii) create or permit to exist any Lien or Negative Pledge upon or with respect to any of the Pledged Collateral (other than Permitted Liens of the types described in clauses (a) through (c) and (e) through (j) of the definition thereof), (iii) register the Pledged Collateral in the name of any Person other than the Administrative Agent, (iv) consent to any agreement between any Pledged Subsidiary and any Person (other than the Administrative Agent) in which such Pledged Subsidiary agrees to act on the instructions of any such Person, (v) deliver any Pledged Collateral or any related Transfer Power or endorsement to any Person other than the Administrative Agent (or a designee thereof) or (vi) otherwise grant Control of any Pledged Collateral to any Person other than the Administrative Agent.
No Liens; No Transfer of Pledged Collateral. Pledgor shall not (i) sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral, (ii) create or permit to exist any Lien or Negative Pledge upon or with respect to any of the Pledged Collateral (other than (x) Liens permitted to be incurred on such property not in violation of Section 9.2(a) of the Credit Agreement and (y) Negative Pledges permitted to exist not in violation of Section 9.2(b) of the Credit Agreement), (iii) register the Pledged Collateral in the name of any Person other than the Administrative Agent, (iv) consent to any agreement between the Pledged Subsidiary and any Person in which such Pledged Subsidiary agrees to act on the instructions of any such Person (other than (x) the Administrative Agent and (y) solely to the extent permitted by and in accordance with the terms of any applicable Junior Lien Intercreditor Agreement, the holder(s) of Permitted Junior Debt (or duly authorized agent or other representative thereof)), (v) deliver any Pledged Collateral or any related Transfer Power or endorsement to any Person other than the Administrative Agent (or a designee thereof) or (vi) otherwise grant Control of any Pledged Collateral to any Person other than the Administrative Agent.
No Liens; No Transfer of Pledged Collateral. Subject to any applicable provisions of the Intercreditor Agreement, no Pledgor will (i) except as otherwise permitted by the Credit Agreement Documents, sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral without the prior written consent of the Collateral Agent, (ii) create or permit to exist any Lien or Negative Pledge upon or with respect to any of the Pledged Collateral (other than Permitted Liens of the types described in clauses (a)(x) and (i) of the definition thereof), (iii) register the Pledged Collateral in the name of any Person other than the Collateral Agent, (iv) consent to any agreement between any Pledged Subsidiary and any Person (other than the Collateral Agent) in which such Pledged Subsidiary agrees to act on the instructions of any such Person, (v) deliver any Pledged Collateral or any related Transfer Power or endorsement to any Person other than the Collateral Agent (or a designee thereof) or (vi) otherwise grant Control of any Pledged Collateral to any Person other than the Collateral Agent.
