Common use of Transfers of Pledged Collateral Clause in Contracts

Transfers of Pledged Collateral. The Pledgor shall not sell, convey, assign, transfer or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral pledged by it hereunder, or agree to do or undertake any of the foregoing, or permit or cause any Issuer or any other Person to do or undertake any of the foregoing, except in favor of the Secured Party as provided for herein and as otherwise permitted under the Loan Agreement and the Gold and Silver Supply Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Gryphon Gold Corp), Pledge Agreement (Santa Fe Gold CORP)

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Transfers of Pledged Collateral. The Pledgor shall not sell, convey, assign, transfer or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral pledged by it hereunder, or agree to do or undertake any of the foregoing, or permit or cause any Issuer or any other Person to do or undertake any of the foregoing, except in favor of the Secured Party Administrative Agent as provided for herein and or as otherwise permitted under pursuant to the Loan Agreement and the Gold and Silver Supply Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Royal Gold Inc)

Transfers of Pledged Collateral. The Pledgor shall not sell, convey, assign, transfer or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral pledged by it hereunder, or agree to do or undertake any of the foregoing, or permit or cause any Issuer or any other Person to do or undertake any of the foregoing, except in favor of the Secured Party Administrative Agent as provided for herein and as otherwise permitted under the Loan Agreement and the Gold and Silver Supply Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Royal Gold Inc)

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Transfers of Pledged Collateral. The Pledgor shall not sell, convey, assign, transfer or otherwise dispose of, or grant any option with respect to, any of the Pledged Collateral pledged by it hereunder, or agree to do or undertake any of the foregoing, or permit or cause any Issuer or any other Person to do or undertake any of the foregoing, except in favor of the Secured Party as provided for herein and as otherwise permitted under the Loan Agreement and the Gold and Silver Supply Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Golden Phoenix Minerals Inc)

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