Common use of Transfer or Pledge of Collateral Clause in Contracts

Transfer or Pledge of Collateral. Debtor shall not sell, assign, transfer, encumber, pledge, hypothecate or otherwise dispose of any interest in the Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp)

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Transfer or Pledge of Collateral. Except as permitted by the Loan Agreement (including, without limitation, execution and performance of the First Lien Pledge), Debtor shall not sell, assign, transfer, encumber, pledge, hypothecate or otherwise dispose of any interest in the Collateral.

Appears in 2 contracts

Samples: Security Agreement, Second Lien Security Agreement (Gastar Exploration LTD)

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Transfer or Pledge of Collateral. The Debtor shall not sell, assign, transfer, encumber, pledge, hypothecate or otherwise dispose of any interest in the Collateral, except as permitted hereunder or under the other Loan Documents.

Appears in 1 contract

Samples: Pledge Agreement (Royale Energy, Inc.)

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