Common use of No Required Disposition Clause in Contracts

No Required Disposition. There is no existing agreement, option, right or privilege capable of becoming an agreement or option pursuant to which the Borrower would be required to sell, redeem or otherwise dispose of any Pledged Shares or under which any Pledged Issuer has any obligation to issue any Securities of such Pledged Issuer to any Person.

Appears in 2 contracts

Samples: Convertible Loan Agreement, Convertible Loan Agreement

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No Required Disposition. There is no existing agreement, option, right or privilege capable of becoming an agreement or option pursuant to which the Borrower Debtor would be required to sell, redeem sell or otherwise dispose of any Pledged Shares Securities or under which any Pledged Issuer thereof has any obligation to issue any Securities of such Pledged Issuer to any Person.

Appears in 2 contracts

Samples: General Security Agreement (Royal Gold Inc), General Security Agreement (Universal Security Instruments Inc)

No Required Disposition. There is no existing agreement, option, right or privilege capable of becoming an agreement or option pursuant to which the Borrower such Debtor would be required to sell, redeem or otherwise dispose of any Pledged Shares of such Debtor or under which any Pledged Issuer has any obligation to issue any Securities of such Pledged Issuer to any Person.

Appears in 1 contract

Samples: General Security Agreement (Mad Catz Interactive Inc)

No Required Disposition. There Except for this Agreement, there is no existing agreement, option, right or privilege capable of becoming an agreement or option pursuant to which the Borrower such Debtor would be required to sell, redeem or otherwise dispose of any Pledged Shares Equity Securities of such Debtor or under which any Pledged Issuer has any obligation to issue any Securities of such Pledged Issuer to any Person.

Appears in 1 contract

Samples: General Security Agreement (Psyence Biomedical Ltd.)

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No Required Disposition. There is no existing agreement, option, right or privilege capable of becoming an agreement or option pursuant to which the Borrower such Debtor would be required to sell, redeem or otherwise dispose of any Pledged Shares of such Debtor or under which any Pledged Issuer thereof has any obligation to issue any Securities of such Pledged Issuer to any Person.

Appears in 1 contract

Samples: General Security Agreement (Emtec Inc/Nj)

No Required Disposition. There is no existing agreement, option, right or privilege capable of becoming an agreement or option pursuant to which the Borrower Debtor would be required to sell, redeem sell or otherwise dispose of any Pledged Shares Securities or under which any Pledged Issuer thereof has any obligation to issue any Securities of such Pledged Issuer to any Person.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Mirion Technologies, Inc.)

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