Pledgor Covenants Sample Clauses

Pledgor Covenants. Each Pledgor irrevocably and unconditionally agrees that Bank’s first priority security interest in the Securities Account and other collateral under this Agreement is and shall remain in full force and effect by way of continuing security until this Agreement has terminated and all of the Obligations have been paid and/or satisfied in full.

Pledgor Covenants. Each Pledgor hereby covenants that during the continuance of this Pledge Agreement: (a) it shall warrant and defend the right and title of the Pledgee conferred by this Pledge Agreement in and to the Pledged Collateral at the cost of each Pledgor against the claims and demands of all persons whomsoever; (b) it shall not sell, assign, transfer, charge, pledge or encumber in any manner any part of the Pledged Collateral or suffer to exist any encumbrance on the Pledged Collateral; (c) it shall not vote the Pledged Shares in favor of the consolidation, merger, dissolution, liquidation or any other corporate reorganization of the issuer of such shares; (d) it shall not, without the prior written approval of the Pledgee, alter or change the rights, preferences or privileges of the Pledged Shares by way of reverse stock split, reclassification, merger consolidation or otherwise, so as to adversely affect in any manner the voting rights including number of votes presently allowed or the conversion basis by which the shares of Pledged Shares are presently converted into shares of B2digital Common Stock; (e) it shall not, without the prior written approval of the Pledgee, increase the authorized number of B2digital Preferred Shares; (f) it shall not, without the prior written approval of the Pledgee, create any new class of shares having preferences over or being on a parity with the Pledged Shares as to dividends or assets; (g) it shall not, without the prior written approval of the Pledgee, merge or consolidate with any other Company, except into or with a wholly-owned subsidiary of the Company with the requisite shareholder approval; (h) it shall not, without the prior written approval of the Pledgee, sell, convey or otherwise dispose of, or create or incur any mortgage, lien, charge or encumbrance on or security interest in or pledge of, or sell and leaseback, all or substantially all of the property or business of the Company; (i) it shall furnish to Pledgee from time to time statements and schedules further identifying and describing the Pledged Collateral as Pledgee reasonably requests, all in reasonable detail; (j) it shall indemnify the Pledgee from, and hold it harmless against, any and all liabilities with respect to, or resulting from any delay in paying, any and all stamp, excise, sales or other taxes which may be payable or determined to be payable with respect to any of the Pledged Collateral or in connection with the transaction contemplated by this...

Pledgor Covenants. Each Pledgor irrevocably and unconditionally agrees that the lien and security interest in the Security Account and other collateral under this Agreement is and shall remain in full force and effect by way of continuing security until this Agreement has terminated and the entire LMA balance has been paid in full.

Pledgor Covenants. Pledgor shall: (a) promptly furnish Lender with any information or documents which Lender may reasonably request in writing concerning the Collateral;

Pledgor Covenants. Pledgor covenants and agrees that Pledgor shall not, directly or indirectly, without the prior written consent of Agent, alter, amend, modify, supplement or change in any way, the operating agreement of Senior Mezzanine Borrower as in effect on the date hereof.

Pledgor Covenants. Customer hereby covenants to Clearing Member that: (i) Customer will take any action that is necessary or desirable to create, perfect, or protect any Security Interest granted hereunder, and to enable Clearing Member to exercise its rights and remedies with respect to the Collateral, in each case promptly upon a reasonable request by Clearing Member; and (ii) Customer will promptly notify Clearing Member of, and defend against, any suit, action, proceeding, or lien not resulting from Clearing Member’s exercise of rights and remedies that (A) involves any Collateral or (B) could adversely affect the Security Interest granted hereunder.

Pledgor Covenants. (a) The Pledgor hereby covenants that until all of the Obligations have been satisfied in full, he will not sell, convey, or otherwise dispose of any of the Pledged Stock or any interest therein or create, incur, or permit to exist any pledge, mortgage, lien, charge, encumbrance, or any security interest whatsoever in, or with respect to, any of the Pledged Stock or the proceeds thereof, other than that created hereby. (b) Pledgor warrants and will, at his own expense, defend the Pledgee’s right, title, special property, and security interest in and to the Pledged Stock against the claims of any person, firm, corporation, or other entity.

Pledgor Covenants. In the case of Pledgor:

Pledgor Covenants. The Pledgor agrees by acceptance of the Registrable Securities that: (a) upon receipt of any notice from Liggxxx-Xxxxx xx the happening of any event of the kind described in clause (ii), (iv), (v) or (vi) of Section 2.3.1(c), the Pledgor shall forthwith discontinue disposition of such Registrable Securities covered by such Registration Statement or Prospectus until the Pledgor's receipt of the copies of the supplemented or amended Prospectus contemplated by Section 2.3.1(k), or until it is advised in writing by Liggxxx-Xxxxx xxxt the use of the applicable Prospectus may be resumed, and has received copies of any amendments or supplements thereto; (b) the Pledgor shall promptly furnish to Liggxxx-Xxxxx xx writing, upon Liggxxx-Xxxxx'x xxxsonable request, any and all information as to the Pledgor and its plan of distribution as may be necessary to comply with the provisions of the Securities Act, the Regulations, the Exchange Act and with the rules and regulations of the SEC thereunder in connection with the preparation and filing of any Registration Statement pursuant hereto, or any amendment or supplement thereto, or any Preliminary Prospectus or Prospectus included therein; and (c) all information to be furnished to Liggxxx-Xxxxx xx or on behalf of the Pledgor expressly for use in connection with the preparation of any Preliminary Prospectus, the Prospectus, the Registration Statement, or any amendment or supplement thereto, will not include any untrue statement of a material fact required to be stated therein or necessary to make the statements therein not misleading.

Pledgor Covenants. Pledgor covenants that this Agreement will not be discharged except by complete performance of all the Obligations to the extent of the Collateral except as otherwise provided in Section 12.