Common use of No Other Liens; No Sales or Transfers Clause in Contracts

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 Note 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. 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 Note 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. 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 Note 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. 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 Note 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. 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 Purchase Agreement), and the Investor Rights Agreement, and Pledgor hereby covenants that, that until such time as all of the outstanding principal of and interest on the Note and amounts due and owing hereunder have been repaid, Pledgor shall not (ia) create, incur, assume or suffer to exist any pledge, security interest, encumbrance, lien or charge of any kind against the Collateral or Pledgor's ’s rights or a holder thereof, other than pursuant to the Executive Purchase Agreement or this Agreement, or (iib) sell or otherwise transfer any of the Collateral or any interest therein (therein, other than pursuant to in each such case as may be provided in the Executive Purchase Agreement or the Investor Rights Agreement).

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 Note 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).