Common use of Sale or Pledge of Shares Clause in Contracts

Sale or Pledge of Shares. sell, assign, transfer, pledge or otherwise convey or dispose of any of the shares (including by way of spin-off, installment sale or otherwise) of the capital stock, or limited liability company interests, as the case may be, of any Guarantor other than as may be allowed in accordance with the Pledge Agreement;

Appears in 2 contracts

Samples: Credit Facility Agreement (Top Tankers Inc.), Loan Agreement (Omi Corp/M I)

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Sale or Pledge of Shares. sellSell, assign, transfer, pledge or otherwise convey or dispose of any of the shares or direct or indirect interest (including by way of spin-off, installment sale or otherwise) of the capital stock, stock of or limited liability company interests, as the case may be, of other equity interests in any Guarantor other than as may be allowed in accordance with the Pledge AgreementProject Entity;

Appears in 1 contract

Samples: Credit Agreement (NRG Generating U S Inc)

Sale or Pledge of Shares. sell, assign, transfer, pledge or otherwise convey or dispose of any of the shares (including by way of spin-off, installment sale or otherwise) of the capital stock, or limited liability company interests, as the case may be, of any Guarantor Borrower other than as may be allowed in accordance with the Pledge Agreement;

Appears in 1 contract

Samples: Secured Credit Facility Agreement (Teekay Shipping Corp)

Sale or Pledge of Shares. with respect to the Guarantor, sell, assign, transfer, pledge or otherwise convey or dispose of any of the shares (including by way of spin-off, installment sale or otherwise) of the capital stock, or limited liability company interests, as the case may be, be of any Guarantor other than as may be allowed in accordance with of the Pledge AgreementBorrowers or Collateral Obligors;

Appears in 1 contract

Samples: Credit Facility Agreement (Top Ships Inc.)

Sale or Pledge of Shares. sell, assign, transfer, pledge or otherwise convey or dispose of any of the shares (including by way of spin-off, installment sale or otherwise) of the capital stock, or limited liability company interests, as the case may be, of any Guarantor or Subordinated Guarantor other than as may be allowed in accordance with the Pledge Agreement or the Facility A Pledge Agreement;

Appears in 1 contract

Samples: Loan Agreement (Omi Corp/M I)

Sale or Pledge of Shares. sell, assign, transfer, pledge or otherwise convey or dispose of any of the shares (including by way of spin-off, installment sale or otherwise) of the capital stock, or limited liability company interests, as stock of the case may be, of any Guarantor other than as may be allowed in accordance with the Pledge AgreementBorrower;

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

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Sale or Pledge of Shares. sellSell, assign, transfer, pledge or otherwise convey or dispose of any of the shares or direct or indirect interest (including by way of spin-off, installment sale or otherwise) of the capital stockstock of or other equity interests in Funding, NRG Xxxxxx Inc. or limited liability company interestsXxxxxx Xxxxx, as the case may be, of any Guarantor other than as may be allowed in accordance with the Pledge Agreementrespect of Permitted Liens;

Appears in 1 contract

Samples: Supplemental Loan Agreement (NRG Generating U S Inc)

Sale or Pledge of Shares. with respect to the Guarantor, sell, assign, transfer, pledge or otherwise convey or dispose of any of the shares (including by way of spin-off, installment sale or otherwise) of the capital stock, or limited liability company interests, as the case may be, be of any Guarantor other than as may be allowed in accordance with of the Pledge AgreementBorrowers;

Appears in 1 contract

Samples: Credit Facility Agreement (Top Ships Inc.)

Sale or Pledge of Shares. sellSell, assign, transfer, pledge or otherwise convey or dispose of any of the its shares of capital stock (including by way of spin-off, installment sale or otherwise) of the capital stock, or limited liability company interests, as the case may be, of any Guarantor other than as may be allowed in accordance with the Pledge Agreementto any other Subsidiary of Guarantor;

Appears in 1 contract

Samples: Loan Agreement (Gulfmark Offshore Inc)

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