Common use of Pledged Notes Clause in Contracts

Pledged Notes. Except as would not reasonably be expected individually or in the aggregate to result in a Material Adverse Effect, Grantors without the prior written consent of Agent, will not, other than Permitted Dispositions or other transactions permitted under the Credit Agreement, assign or surrender their rights and interests under any of the Pledged Notes or terminate, cancel, modify, change, supplement or amend the Pledged Notes.

Appears in 4 contracts

Samples: Security Agreement, Patent Security Agreement, Security Agreement (OCI Partners LP)

AutoNDA by SimpleDocs

Pledged Notes. Except as would not reasonably be expected individually or in the aggregate to result in a Material Adverse Effect, Grantors without the prior written consent of Agent, will not, other than Permitted Dispositions or other transactions permitted under the Revolving Credit Agreement, assign or surrender their rights and interests under any of the Pledged Notes or terminate, cancel, modify, change, supplement or amend the Pledged Notes.

Appears in 2 contracts

Samples: Patent Security Agreement, Security Agreement (OCI Partners LP)

AutoNDA by SimpleDocs

Pledged Notes. Except as would not reasonably be expected individually or in the aggregate to result in a Material Adverse EffectChange, Grantors without the prior written consent of Agent, will notnot (A) waive or release any obligation of any Person that is obligated under any of the Pledged Notes, or (B) other than Permitted Dispositions or other transactions permitted under the Credit Agreement, assign or surrender their rights and interests under any of the Pledged Notes or terminate, cancel, modify, change, supplement or amend the Pledged Notes.

Appears in 1 contract

Samples: Security Agreement (American Commercial Lines Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!