No Sale or Encumbrance. As long as this Agreement remains in effect, Grantor unconditionally agrees not to sell, option, assign, pledge, or create or permit to exist any lien or security interest in or against any of the Collateral in favor of any person other than Lender.
Appears in 5 contracts
Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc), Pledge Agreement (Premier Financial Bancorp Inc), Pledge Agreement (Premier Financial Bancorp Inc)
No Sale or Encumbrance. As long as this Agreement remains in In effect, Grantor unconditionally agrees not to sell, option, assign, pledge, or create or permit to exist any lien lion or security interest in Interest In or against any of the Collateral in In favor of any person other than Lender.
Appears in 1 contract
Samples: American Fire Retardant Corp
No Sale or Encumbrance. As long as this Agreement remains in In effect, Grantor unconditionally agrees not to sell, option, assign, pledge, or create or permit to exist any lien or security interest in or against any of the Collateral in favor of any person other than Lender.
Appears in 1 contract