Common use of Sale of Collateral, Etc Clause in Contracts

Sale of Collateral, Etc. No Pledgor will (i) sell, assign, transfer, convey, or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien upon or with respect to any of the Collateral, except for the lien and security interest created by this Agreement.

Appears in 5 contracts

Samples: Stock Pledge Agreement (Burns Donald A), Stock Pledge Agreement (Gold & Appel Transfer Sa), Stock Pledge Agreement (Burns Donald A)

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Sale of Collateral, Etc. No Pledgor will (i) selli)sell, assign, transfer, convey, or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create ii)create or permit to exist any Lien upon or with respect to any of the Collateral, except for the lien and security interest created by this Agreement.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Gold & Appel Transfer Sa), Stock Pledge Agreement (Total Tel Usa Communications Inc)

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Sale of Collateral, Etc. No Pledgor will not (i) sell, assign, transfer, convey, or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien lien upon or with respect to any of the Collateral, except for the lien and security interest created by this Agreement, the Equitable Mortgage and the Permitted Security Interests.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Westpac Custodian Nominees LTD), Stock Pledge Agreement (Westpac Custodian Nominees LTD)

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