Common use of Transfers and Liens Clause in Contracts

Transfers and Liens. Xxxxxxx agrees that he will not (i) sell or otherwise ------------------- dispose of, or grant any option with respect to, any of the Pledged Collateral without the prior written consent of the Company; or (ii) voluntarily create any lien upon or with respect to any of the Pledged Collateral, except for the security interest under this Agreement.

Appears in 4 contracts

Samples: Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc)

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Transfers and Liens. Xxxxxxx Xxxxxx agrees that he will not (i) sell or otherwise ------------------- dispose of, or grant any option with respect to, any of the Pledged Collateral without the prior written consent of the Company; or (ii) voluntarily create any lien upon or with respect to any of the Pledged Collateral, except for the security interest under this Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc)

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Transfers and Liens. Xxxxxxx agrees that he will not (i) sell or otherwise ------------------- dispose of, or grant any option with respect to, any of the Pledged Collateral without the prior written consent of the Company; or (ii) voluntarily create any lien upon or with respect to any of the Pledged Collateral, except for the security interest under this Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc)

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