Rights of the Lender in the Stock Collateral. The Pledgor agrees that with respect to the Stock Collateral the Lender shall have all the rights and remedies of a secured party under the Uniform Commercial Code, as well as those provided by law and/or in this Agreement. Notwithstanding the fact that the proceeds of the Stock Collateral constitute part of the Stock Collateral, the Pledgor may not dispose of the Stock Collateral or any part thereof.
Appears in 4 contracts
Samples: Pledge, Assignment and Security Agreement (Argan Inc), Pledge, Assignment and Security Agreement (Argan Inc), Pledge, Assignment and Security Agreement (Argan Inc)
Rights of the Lender in the Stock Collateral. The Pledgor agrees that with respect to the Stock Collateral the Lender shall have all the rights and remedies of a secured party under the Uniform Commercial Code, as well as those provided by law and/or in this Agreement. Notwithstanding the fact that the proceeds of the Stock Collateral constitute part of the Stock Collateral, the Pledgor may not dispose of the Stock Collateral Collateral, or any part thereof, except as consistent with Schedule 3.8.
Appears in 2 contracts
Samples: Pledge, Assignment and Security Agreement (Dcap Group Inc/), Pledge, Assignment and Security Agreement (Dcap Group Inc/)
