Common use of Transfer and Other Liens Clause in Contracts

Transfer and Other Liens. The Pledgor shall not (i) sell, assign or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or suffer to exist any Lien upon or with respect to any of the Collateral, including any right to give any Entitlement Order with respect to the Collateral, except for the pledge, assignment and security interest created by this Agreement.

Appears in 7 contracts

Samples: Pledge Agreement (Renaissancere Holdings LTD), Pledge Agreement (Allied World Assurance Co Holdings LTD), Pledge Agreement (Flagstone Reinsurance Holdings LTD)

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Transfer and Other Liens. The Each Pledgor shall not agrees that it will not: (ia) sell, assign transfer, pledge, withdraw or otherwise dispose of, or grant any option with respect to, of any of the Collateral, or (iib) create or suffer permit to exist any Lien upon or with respect to any of the Collateral, including any right to give any Entitlement Order with respect to the Collateral, except for the pledge, assignment and security interest created by granted under this Pledge Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (General Finance CORP)

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Transfer and Other Liens. The Except in accordance with the provisions of Section 4 hereof, no Pledgor shall not (i) sell, assign or otherwise dispose of, or grant any option with respect to, any of the its Collateral, or (ii) create or suffer to exist any Lien upon or with respect to any of the its Collateral, including any right to give any Entitlement Order with respect to the its Collateral, except for the pledge, assignment pledge and security interest created by this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Xl Capital LTD)

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