Restrictions on Encumbrance Sample Clauses

Restrictions on Encumbrance. 10.1.1 Landlord's Consent. Tenant shall not encumber or hypothecate this Lease or the Convention Center Subleases, Tenant's leasehold interest, or the Improvements thereon, or any part thereof or interest therein or grant any security interest in the direct or indirect equity interests of Tenant (such encumbrance, hypothecation or grant of any security interest in any direct or indirect equity interests of Tenant being referred to herein as, a "Financing Transaction"), without Landlord's prior written consent to each Financing Transaction, which consent, subject to the terms of Section 10.1.2, shall not be unreasonably withheld, conditioned or delayed. Notwithstanding anything in this Lease to the contrary, this Article 10 shall not apply to, Xxxxxxxx’s consent shall not be required for, and the term “Financing Transaction” excludes any grant of any security interest in the indirect equity interests in Person if a foreclosure of such security interests would not result in a Change of Control. Tenant shall submit its request for consent to the Financing Transaction in writing to Landlord, together with a term sheet, commitment letter or comparable summary of the proposed terms of the Financing Transaction, together with redacted versions of the drafts of all material documents proposed to be executed in connection with the Financing Transaction, including, but not limited to, the loan agreement, promissory note, deed of trust, if applicable, pledge agreement, if applicable, all security documents and guaranties (each a “Loan Document” and, collectively, “Loan Documents”) as well as the documentation required in Sections 10.1.2(g), (h), (i) and (j). Within ten (10) days of receiving Tenant's request, Landlord may request from Tenant additional information regarding the lender and/or the proposed Financing Transaction. Landlord shall provide its response to Xxxxxx's request for consent to the Financing Transaction within forty-five (45) days following Xxxxxxxx's receipt of Tenant's request and all information reasonably requested by Landlord from Tenant. Such consent shall be deemed granted only upon Xxxxxxxx’s written consent to the Financing Transaction as described above and Xxxxxx’s satisfaction of the following additional conditions to such consent: prior to the recordation of the encumbrance in connection with such Financing Transaction, Tenant shall, both at the time the Loan Documents are finalized and subsequent to execution thereof: (a) provide Land...
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Restrictions on Encumbrance. Shares may only be pledged or otherwise encumbered with the consent of the Shareholders Committee. If such consent is given, it is only valid if the pledgee concluded an agreement with the other Shareholders which grants such other Shareholders the rights provided for in this Agreement, particularly the right of first refusal.
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Restrictions on Encumbrance. Except as otherwise specifically permitted by this Agreement, the Members agree that they will not without the prior written consent of all Members convey, transfer, assign, sell, give, donate, pledge, hypothecate, or otherwise encumber their interest in the Series and any attempt to do so without the prior written consent of the Series Manager shall be null and void and of no effect. Members may assign or pledge the right to receive income from this Series. Even if an assignment, pledge or transfer is effected in compliance with the provisions of this Section 10.07, the Members shall not be deemed to have approved the transferee’s admission into the Series as a Member.
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Restrictions on Encumbrance. In addition to the requirements set forth in Section 9.2, shares of the Common Stock held by any Party may only be pledged, hypothecated or otherwise encumbered with the unanimous approval of the Board.
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Related to Restrictions on Encumbrance

  • Restrictions on Liens and Encumbrances Except for the lien of this Mortgage and the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

  • Restrictions on Liens The Servicer shall not (A) create, incur or suffer to exist, or agree to create, incur or suffer to exist, or consent to cause or permit in the future (upon the happening of a contingency or otherwise) the creation, incurrence or existence of any Lien or restriction on transferability of the Receivables except for the Lien in favor of the Trust Collateral Agent for the benefit of the Noteholders and the restrictions on transferability imposed by this Agreement or (B) sign or file under the Uniform Commercial Code of any jurisdiction any financing statement which names AmeriCredit or the Servicer as a debtor, or sign any security agreement authorizing any secured party thereunder to file such financing statement, with respect to the Receivables, except in each case any such instrument solely securing the rights and preserving the Lien of the Trust Collateral Agent, for the benefit of the Noteholders.

  • Restrictions on U.S Transfers. Transfers of interests in the Regulation S Global Security to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of Section 3.03(h)(C).

  • Restrictions on Transferability The Warrants and the Warrant Stock shall not be transferred, hypothecated or assigned before satisfaction of the conditions specified in this Section 9, which conditions are intended to ensure compliance with the provisions of the Securities Act with respect to the Transfer of any Warrant or any Warrant Stock. Holder, by acceptance of this Warrant, agrees to be bound by the provisions of this Section 9.

  • Restrictions on Shares The shares of Common Stock issuable upon exercise of this Warrant may not be sold or transferred unless (i) they first shall have been registered under the Securities Act and applicable state securities laws, (ii) the Corporation shall have been furnished with an opinion of legal counsel (in form, substance and scope customary for opinions in such circumstances) to the effect that such sale or transfer is exempt from the registration requirements of the Securities Act or (iii) they are sold under Rule 144 under the Act. Except as otherwise provided in the Securities Purchase Agreement, each certificate for shares of Common Stock issuable upon exercise of this Warrant that have not been so registered and that have not been sold under an exemption that permits removal of the legend, shall bear a legend substantially in the following form, as appropriate: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES. THE SECURITIES REPRESENTED HEREBY MAY NOT BE OFFERED, SOLD OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER APPLICABLE SECURITIES LAWS UNLESS OFFERED, SOLD OR TRANSFERRED UNDER AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THOSE LAWS. Upon the request of a holder of a certificate representing any shares of Common Stock issuable upon exercise of this Warrant, the Corporation shall remove the foregoing legend from the certificate and issue to such holder a new certificate therefor free of any transfer legend, if (i) with such request, the Corporation shall have received either (A) an opinion of counsel, in form, substance and scope customary for opinions in such circumstances, to the effect that any such legend may be removed from such certificate, or (B) satisfactory representations from Holder that Holder is eligible to sell such security under Rule 144 or (ii) a registration statement under the Securities Act covering the resale of such securities is in effect. Nothing in this Warrant shall (i) limit the Corporation's obligation under the Registration Rights Agreement, or (ii) affect in any way Holder's obligations to comply with applicable securities laws upon the resale of the securities referred to herein.

  • Restrictions on Use Licensee is not permitted to make any use of the Licensed Marks in connection with products or services other than the Sprint PCS Products and Services, and as specifically authorized in Sections 1.1(b) above with respect to Related Equipment and Premium and Promotional Items, nor to make any use of the Licensed Marks directed outside of the Service Area.

  • Restrictions on Stock i. The Seller is not a party to any agreement, written or oral, creating rights in respect to the Corporation's Stock in any third person or relating to the voting of the Corporation's Stock.

  • Restrictions on Sale This Debenture has not been registered under the Securities Act of 1933, as amended (the "Act") and is being issued under Section 4(2) of the Act and Rule 506 of Regulation D promulgated under the Act. This Debenture and the Common Stock issuable upon the conversion thereof may only be sold pursuant to registration under or an exemption from the Act.

  • Restriction on Transferability Prior to vesting and delivery of the Shares, neither the mPRSUs, nor the Shares or any beneficial interest therein, may be sold, transferred, pledged, assigned, or otherwise alienated at any time. Any attempt to do so contrary to the provisions hereof shall be null and void. Notwithstanding the above, distribution can be made pursuant to will, the laws of descent and distribution, and if provided by the Administrator, intra-family transfer instruments, or to an inter vivos trust, or as otherwise provided by the Administrator. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

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