Non-Encumbrance. The Participating County covenants that the Facility is not and will not be mortgaged, pledged, or hypothecated in any manner or for any purpose and has not been and will not be the subject of a grant of a security interest by the Participating County without the written consent of the Department and the Board. The Participating County further covenants that it shall not in any manner impair, impede or challenge the security, rights and benefits of the owners of the Bonds or the trustee for the Bonds.
Non-Encumbrance. Without implying any limitation upon the generality of §8.2, the Borrower will not, and will not permit any other Person to, create or incur or suffer to be created or incurred or to exist any lien, encumbrance, mortgage, pledge, negative pledge, change, restriction or other security interest of any kind upon any Mortgaged Property described in any Mortgage (whether now owned or hereafter acquired), except for matters set forth in the Title Policies relating to such Mortgaged Property submitted to and approved by the Agent.
Non-Encumbrance. Without implying any limitation upon the generality of §8.2, the Borrower will not, and will not permit any other Person to, create or incur or suffer to be created or incurred or to exist (a) any lien, encumbrance, mortgage, pledge, negative pledge, change, restriction or other security interest of any kind upon any Borrowing Base Property, or (b) any provision of a document, instrument or agreement (other than a Loan Document) which prohibits or purports to prohibit the creation or assumption of any Lien on any Borrowing Base Property or interest therein as security for the Obligations.
Non-Encumbrance. E-world will not pledge, mortgage, encumber or offer as security in any manner any part of this Agreement, any of the rights granted hereunder or any part of the Optimized Decoder Code, accompanying documentation, or components.
Non-Encumbrance. Unless approved in writing by Investors, the Company shall ensure that the Group Company continues to have good and negotiable title to its property and assets and shall not place any encumbrances on any of its property and assets. For the property and assets leased, the Company shall ensure that the Group Company complies with the lease contract as a party, and the Company shall ensure that the Group Company has and maintains a valid leasing interest in the property and assets.
Non-Encumbrance. Each of the partners covenants and agrees that it shall not obligate the other to any third party without written notice to the other.
Non-Encumbrance. Optionee hereby undertakes that it will not create or permit to exist any right of mortgage, pledge, usufruct or other security interest or restriction whatsoever and any arrest, charge, attachment, option or lien or any similar concept that limits free and unrestricted title and/or use, under any applicable jurisdiction (the 'Encumbrance') over all or any part of the Option nor assign or otherwise purport to deal with the beneficial interest therein or any other right relating thereto separate from the legal ownership of such Option. Optionee and Company acknowledge that other limitations, restrictions, terms and conditions applicable to Agreement, the Option and Option Shares as (elsewhere) described in this Agreement, Company's Articles of Association (as amended), as well as the attached Statement of Terms and Conditions apply.
Non-Encumbrance. During the Term, Syros and its Affiliates shall not sell or assign to any Third Party Patent Rights or Know-How within the Licensed IP, and GBT and its Affiliates shall not sell or assign to any Third Party Patent Rights or Know-How within the GBT Licensed IP or that would be within the scope of license rights granted to Syros upon termination pursuant to Section 11.3(b)(i), in each case, without the other Party’s consent; provided that neither Party shall be prohibited under this Section 8.3(c) (or shall be in breach of this Section 8.3(c)) due to (i) the grant by such Party or its Affiliate of any Permitted Lien with respect to the applicable Patent Rights or Know-How or (ii) a Change of Control of such Party or any of its Affiliates.
Non-Encumbrance. No Party may encumber its share of the registered capital, and other interests in the Company (collectively, “Interest”) without the prior written consent of the other Parties, unless expressly permitted herein or in any of the Annexes hereto.
