Common use of No Waiver, Amendment, Etc Clause in Contracts

No Waiver, Amendment, Etc. Pledgor shall not directly or indirectly, without the prior written consent of Xxxxxx, attempt to waive, alter, amend, modify or supplement any provision of the Charter Documents in any manner that would reasonably be expected to result in a material adverse effect on the Collateral. Xxxxxxx agrees that all rights to do any and all of the foregoing have been collaterally assigned to Xxxxxx, but Xxxxxxx agrees that, upon request from Lender from time to time, Pledgor shall do any of the foregoing or shall join Lender in doing so or shall confirm the right of Lender to do so and shall execute such instruments and undertake such actions as Lender may reasonably request in connection therewith.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Heritage Global Inc.), Pledge and Security Agreement (Heritage Global Inc.)

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No Waiver, Amendment, Etc. Pledgor shall not directly or indirectly, without the prior written consent of XxxxxxLender, attempt to waive, alter, amend, modify or supplement any provision of the Charter Documents in any manner that would reasonably be expected to result in a material adverse effect on the Collateral. Xxxxxxx Pledgor agrees that all rights to do any and all of the foregoing have been collaterally assigned to XxxxxxLender, but Xxxxxxx Pledgor agrees that, upon request from Lender from time to time, Pledgor shall do any of the foregoing or shall join Lender in doing so or shall confirm the right of Lender to do so and shall execute such instruments and undertake such actions as Lender may reasonably request in connection therewith.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Heritage Global Inc.), Pledge and Security Agreement (Heritage Global Inc.)

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