Common use of Transfers and Other Liens; Additional Shares Clause in Contracts

Transfers and Other Liens; Additional Shares. 7(a) Except as may be permitted by the Credit Agreement, the Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, upon or with respect to any of the Collateral.

Appears in 7 contracts

Samples: Pledge Agreement (Easton Southpaw INC), Credit Agreement (Pilgrim America Capital Corp), Pledge Agreement (Omega Cabinets LTD)

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Transfers and Other Liens; Additional Shares. 7(a(a) Except as may be expressly permitted by the Credit Term Loan Agreement, the Pledgor agrees that it will shall not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lienlien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral, except for the security interest under this Pledge Agreement.

Appears in 4 contracts

Samples: Security Agreement (ONE Group Hospitality, Inc.), Security Agreement (ONE Group Hospitality, Inc.), Pledge Agreement (ONE Group Hospitality, Inc.)

Transfers and Other Liens; Additional Shares. 7(a(a) Except as may be permitted by the Credit Agreement, the Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, upon or with respect to any of the Collateral.

Appears in 4 contracts

Samples: Pledge Agreement (Global Employment Holdings, Inc.), Pledge Agreement (Global Employment Holdings, Inc.), Pledge Agreement (Global Employment Holdings, Inc.)

Transfers and Other Liens; Additional Shares. 7(a(a) Except as may be expressly permitted by the Credit Agreement, the Pledgor agrees that it will shall not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the CollateralCollateral if the same would constitute a Change in Control, or (ii) create or permit to exist any Lienlien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral, except for the security interest under this Agreement.

Appears in 3 contracts

Samples: Pledge Agreement (COMMITTED CAPITAL ACQUISITION Corp), Security Agreement (COMMITTED CAPITAL ACQUISITION Corp), Pledge Agreement (COMMITTED CAPITAL ACQUISITION Corp)

Transfers and Other Liens; Additional Shares. 7(a(a) Except as may be permitted by the Credit Agreement, the The Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit suffer to exist any Lien, Lien upon or with respect to any of the CollateralCollateral of the Pledgor except for the pledge, assignment and security interest created under this Agreement and Liens permitted under the Credit Documents.

Appears in 3 contracts

Samples: Collateral Agency Agreement (Puget Sound Energy Inc), Credit Agreement (Puget Energy Inc /Wa), Collateral Agency Agreement (Puget Energy Inc /Wa)

Transfers and Other Liens; Additional Shares. 7(a(a) Except as may be permitted by the Credit Agreement, the Each Pledgor agrees that it will shall not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the CollateralCollateral of such Pledgor (other than sales, assignments, options and other dispositions permitted under the terms of the Credit Agreement) or (ii) create or permit suffer to exist any Lien, Lien upon or with respect to any of the CollateralCollateral of such Pledgor, except for the Liens created under the Collateral Documents and any other Liens permitted under the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Crompton & Knowles Corp), Credit Agreement (Uniroyal Chemical Co Inc)

Transfers and Other Liens; Additional Shares. 7(a(a) Except as may be expressly permitted by the Credit Agreement, the Pledgor agrees that it will shall not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lienlien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral, except for the security interest under this Agreement.

Appears in 2 contracts

Samples: Security Agreement (COMMITTED CAPITAL ACQUISITION Corp), Pledge Agreement (COMMITTED CAPITAL ACQUISITION Corp)

Transfers and Other Liens; Additional Shares. 7(a) 7.1 Except as may be permitted by the Credit Reimbursement Agreement, the Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, upon or with respect to any of the Collateral.

Appears in 1 contract

Samples: Pledge Agreement (RTW Inc /Mn/)

Transfers and Other Liens; Additional Shares. 7(a) Except as may be permitted by the Credit Agreement, the Pledgor agrees Pledgors agree that it they will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, upon or with respect to any of the CollateralCollateral (other than Permitted Encumbrances).

Appears in 1 contract

Samples: Pledge Agreement (Sunlink Health Systems Inc)

Transfers and Other Liens; Additional Shares. 7(a(a) Except as may be to the extent permitted by (if at all) under the Credit Agreement, the Pledgor agrees that it will not neither (i) sell, assign (by operation of law or otherwise) sell or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral, or nor (ii) create or permit to exist any Lien, security interest, or other charge or encumbrance upon or with respect to any of the Pledged Collateral, except for the security interest under this Pledge Agreement.

Appears in 1 contract

Samples: Credit Agreement (Boundless Corp)

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Transfers and Other Liens; Additional Shares. 7(a) Except as may be permitted by the Credit Agreement, the Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) ), or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, Lien upon or with respect to any of the Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Universal Electronics Inc)

Transfers and Other Liens; Additional Shares. 7(a) Except as may be permitted by the Credit Agreement, the Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, Lien upon or with respect to any of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Dolan Media CO)

Transfers and Other Liens; Additional Shares. 7(a) Except as may be permitted by the Credit Agreement, the Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the CollateralCollateral or any other shares of stock (or similar equity interests) in any Foreign Subsidiary, or (ii) create or permit to exist any Lien, upon or with respect to any of the Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Graco Inc)

Transfers and Other Liens; Additional Shares. 7(a) Except as may be permitted by the Credit Loan and Option Agreement, the Pledgor agrees that it will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, upon or with respect to any of the Collateral.. 4838-7467-4183\10

Appears in 1 contract

Samples: Pledge Agreement (Bekem Metals Inc)

Transfers and Other Liens; Additional Shares. 7(a) Except as may be permitted by the Credit Agreement, the Pledgor agrees Pledgors agree that it they will not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, or (ii) create or permit to exist any Lien, upon or with respect to any of the Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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