Common use of TRANSFER OR LIENS Clause in Contracts

TRANSFER OR LIENS. Company agrees that it will not sell, transfer or convey any interest in, grant any option with respect to, or suffer or permit any lien to be created upon or with respect to, any of the Pledged Shares during the term of this Agreement, except to or in favor of the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Genzyme Corp), Credit Agreement (Genzyme Corp), Credit Agreement (Genzyme Corp)

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TRANSFER OR LIENS. Company agrees that it will not sell, transfer or convey any interest in, grant any option with respect to, or suffer or permit any lien to be created upon or with respect to, any of the Pledged Shares during the term of this Agreement, except to or in favor of the Administrative AgentSecured Party.

Appears in 1 contract

Samples: Pledge Agreement (Genzyme Transgenics Corp)

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