No Other Liens; No Sales or Transfers. Pledgor hereby represents ------------------------------------- and warrants that he or she has good and valid title to all of the Pledged Shares, free and clear of all liens, security interests and other encumbrances, and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on the Note has been repaid, Pledgor shall not (i) create, incur, assume or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Pledged Shares or Pledgor's rights or a holder thereof, other than pursuant to this Pledge Agreement, or (ii) without the prior written consent of the Company (with approval of Parent's board of directors), sell or otherwise transfer any Pledged Shares or any interest therein.
No Other Liens; No Sales or Transfers. The Company hereby represents and warrants that it has good and valid title to all of the Pledged Assets, free and clear of all liens, security interests and other encumbrances (other than liens and security interests in favor of Participating Creditors as defined in the Intercreditor Agreement dated as of December 6, 2000, by and among Interprise Technology Partners LP, Drax Holdings, LP, Viscaya Investments, Inc., DC Investment Partners Exchange Fund, L.P., Fred Xxxxxxx xxx Martxx xxx Ruth Xxxxx xxx the Company), and the Company hereby covenants that, until such time as all of the outstanding principal of and interest on the Lender Note has been repaid, the Company shall not (i) create, incur, assure or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Pledged Assets or the Company's rights or a holder thereof, other than pursuant to this
No Other Liens; No Sales or Transfers. Pledgor hereby represents ------------------------------------- and warrants that Pledgor has good and valid title to all of the Collateral, free and clear of all liens, security interests and other encumbrances (other than pursuant to the Investor Rights Agreement or the Executive Agreement ), and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on the Notes and amounts due and owing hereunder have been repaid, Pledgor shall not (i) create, incur, assume or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Collateral or Pledgor's rights or a holder thereof, other than pursuant to the Executive Agreement or this Agreement, or (ii) sell or otherwise transfer any of the Collateral or any interest therein (other than pursuant to the Executive Agreement or the Investor Rights Agreement).
No Other Liens; No Sales or Transfers. The Company hereby represents and warrants that it has good and valid title to all of the Pledged Assets, free and clear of all liens, security interests and other encumbrances (other than liens and security interests in favor of Participating Creditors as defined in the Intercreditor Agreement dated as of December 6, 2000, by and among Interprise Technology Partners LP, Drax Holdings, LP, Viscaya Investments, Inc., DC Investment Partners Exchange Fund, L.P., Fred Xxxxxxx xxx Martxx xxx Ruth Xxxxx xxx the Company), and the Company hereby covenants that, until such time as all of the outstanding principal of and interest on the Lender Note has been repaid, the Company shall not (i) create,
No Other Liens; No Sales or Transfers. Pledgor hereby represents and warrants that he has good and valid title to all of the Pledged Shares, free and clear of all liens, security interests and other encumbrances, other than pursuant to the Senior Management Agreement and a Stockholders Agreement dated as of September 7, 2001 among the Company and certain of its stockholders (including, without limitation, Pledgor), and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on the Note has been repaid, Pledgor shall not (i) create, incur, assume or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Pledged Shares or Pledgor's rights or a holder thereof, other than pursuant to this Agreement, or (ii) sell or otherwise transfer any Pledged Shares or any interest therein.
No Other Liens; No Sales or Transfers. Pledgor hereby represents and warrants that he has good and valid title to all of the Pledge Shares, free and clear of all liens, security interests and other encumbrances, and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on each of the Notes has been repaid, Pledgor shall not
No Other Liens; No Sales or Transfers. Pledgor hereby represents ------------------------------------- and warrants that he has good and valid title to all of the Pledge Shares, free and clear of all liens, security interests and other encumbrances (other than may be created by the Stock Purchase Agreement or any of the other agreements contemplated thereby to which Pledgor is a party), and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on the Note has been repaid (and without limiting Pledgor's restrictions on transfer set forth in the Stock Purchase Agreement and the other agreements contemplated thereby), Pledgor shall not (i) create, incur, assume or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Pledged Shares or Pledgor's rights or a holder thereof, other than pursuant to this Agreement and the Stock Purchase Agreement or any of the other agreements contemplated thereby to which Pledgor is a party, or (ii) sell or otherwise transfer any Pledged Shares or any interest therein (other than to the Company).
No Other Liens; No Sales or Transfers. Pledgor hereby represents and warrants that he has good and valid title to all of the Pledged Shares, free and clear of all liens, security interests and other encumbrances, and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on the Note have been repaid, Pledgor shall not (i) create, incur, assume or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Pledged Shares or Pledgor's rights or a holder thereof, other than pursuant to this Agreement, or (ii) sell or otherwise transfer any Pledged Shares or any interest therein.
No Other Liens; No Sales or Transfers. The Company hereby represents and warrants that it has good and valid title to all of the Pledged Assets, free and clear of all liens, security interests and other encumbrances (other than liens and security interests in favor of Participating Creditors as defined in the Intercreditor Agreement dated as of December 6, 2000, by
No Other Liens; No Sales or Transfers. The Company hereby ------------------------------------- represents and warrants that he has good and valid title to all of the Pledged Shares, free and clear of all liens, security interests and other encumbrances, and the Company hereby covenants that, until such time as all of the outstanding principal of and interest on the Note has been repaid, the Company shall not (i) create, incur, assure or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Pledged Shares or the Company's rights or a holder thereof, other than pursuant to this Agreement, or (ii) sell or otherwise transfer any Pledged Shares or any interest therein.
