Common use of Release of Lien in Accentia Stock Clause in Contracts

Release of Lien in Accentia Stock. Effective upon the satisfaction of the conditions precedent set forth in Section 4 below, McKesson shall release its lien on the Accentia Stock owned by HCG and MOAB provided that McKesson may retain possession of the Accentia Stock, and provided further that unless and until all sums owing to McKesson by any of Accentia, HCG or MOAB are paid in full, (i) each of HCG and MOAB agrees not to sell, convey, hypothecate, encumber, pledge or otherwise transfer or dispose of any interest in the Accentia Stock to a third party without the consent of McKesson, and (ii) each of Xxxxxxx X. X’Xxxxxxx, Xx., M.D. and Xxxxxx X. Xxxx, M.D. agrees not to sell, convey, hypothecate, encumber, pledge or otherwise transfer or dispose of any interest in HCG or MOAB (or the Accentia Stock) to a third party without the consent of McKesson.