Common use of No Transfer of Collateral Clause in Contracts

No Transfer of Collateral. Pledgor will not, without the prior written consent of Holder, sell, assign, transfer, mortgage, pledge or otherwise encumber any of its rights in or to the Collateral or any distributions or payments with respect thereto or xxxxx x xxxx on any thereof.

Appears in 3 contracts

Samples: Pledge and Security Agreement (SearchCore, Inc.), Pledge and Security Agreement (SearchCore, Inc.), Pledge and Security Agreement (SearchCore, Inc.)

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No Transfer of Collateral. Pledgor will not, without the prior written consent of Holder, sell, assign, transfer, mortgage, pledge or otherwise encumber any of its rights in or to the Collateral or any distributions or payments with respect thereto or xxxxx x xxxx on any thereof, except for transfers to corporations controlled by RJM.

Appears in 1 contract

Samples: Pledge and Security Agreement (SearchCore, Inc.)

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