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

Transfers and Other Liens; Additional Shares. The Pledgor agrees that it 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 Pledged Collateral, or (ii) create or permit to exist any Lien upon or with respect to any of the Pledged Collateral, except for the security interest granted pursuant to this Agreement.

Appears in 7 contracts

Samples: Stock Pledge Agreement (Etelcharge Com Inc), Stock Pledge Agreement (Airbee Wireless, Inc.), Pledge and Security Agreement (Amnis Systems Inc)

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Transfers and Other Liens; Additional Shares. (a) The Pledgor agrees that it Pledgors shall not not: (i) sell, assign (by agreement, operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral, Collateral or (ii) create or permit to exist any Lien upon or with respect to any of the Pledged Collateral, except for the Permitted Liens and for the security interest granted pursuant to created by this Agreement.

Appears in 2 contracts

Samples: Subordinated Pledge Agreement (Industrial Holdings Inc), Subordinated Pledge Agreement (Industrial Holdings Inc)

Transfers and Other Liens; Additional Shares. (a) The Pledgor agrees that it shall 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 Pledged Collateral, or (ii) create or permit to exist any Lien lien, security interest, option or other charge or encumbrance upon or with respect to any of the Pledged Collateral, except for the security interest granted pursuant to under this Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Presley Companies /De), Pledge Agreement (Internet Pictures Corp)

Transfers and Other Liens; Additional Shares. The Pledgor agrees that it shall will not (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 (ii) create or permit to exist any Lien lien or security interest upon or with respect to any of the Pledged Collateral, except for the security interest granted pursuant to under this Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Jenkon International Inc), Pledge Agreement (Jenkon International Inc)

Transfers and Other Liens; Additional Shares. (a) The Pledgor agrees that it shall will not (i) sell, assign (by operation of law or otherwise) sell or otherwise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral, or (ii) create or permit to exist any Lien upon or with respect to any of the Pledged Collateral, except for the security interest granted Lien created pursuant to this AgreementAgreement and Permitted Liens.

Appears in 1 contract

Samples: Company Pledge Agreement (Envirodyne Industries Inc)

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Transfers and Other Liens; Additional Shares. The Pledgor agrees Pledgors agree that it shall they will not (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 (ii) create or permit to exist any Lien lien or security interest upon or with respect to any of the Pledged Collateral, except for the security interest granted pursuant to under this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Jenkon International Inc)

Transfers and Other Liens; Additional Shares. The Pledgor agrees that it shall not will 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 granted pursuant to under this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Quality Distribution Inc)

Transfers and Other Liens; Additional Shares. The (a) Pledgor agrees that it shall Pledgor will not (i) sell, assign assign, transfer, exchange, lease, lend or otherwise dispose of (directly or indirectly, voluntarily, involuntarily, by operation of law or otherwise) or otherwise dispose of), or grant any option with respect to, any of the Pledged Collateral, or (ii) create or permit to exist any Lien upon on or with respect to any of the Pledged Collateral, except for the security interest granted pursuant to this Agreement.Lien in favor of the Lender. The inclusion of "

Appears in 1 contract

Samples: The Term Credit Agreement (Visijet Inc)

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