Common use of Waiver of Transfer Restrictions Clause in Contracts

Waiver of Transfer Restrictions. Notwithstanding anything to the contrary contained in the Company’s Organic Documents, the Pledgor hereby waives any requirement contained in the Company’s Organic Documents that it consent to a transfer of any Equity Interest in the Company in connection with a foreclosure on such Equity Interest under the Financing Documents.

Appears in 3 contracts

Samples: Pledge and Security Agreement (First United Ethanol LLC), Pledge and Security Agreement (First United Ethanol LLC), Pledge and Security Agreement (Pacific Ethanol, Inc.)

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Waiver of Transfer Restrictions. Notwithstanding anything to the contrary contained in the Company’s 's Organic Documents, the Pledgor hereby waives any requirement contained in the Company’s 's Organic Documents that it consent to a transfer of any Equity Interest in the Company in connection with a foreclosure on such Equity Interest under the Financing Documents.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

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Waiver of Transfer Restrictions. Notwithstanding anything to the contrary contained in the Company’s Organic Documents, the Pledgor hereby waives any requirement contained in the Company’s Organic Documents that it consent consents to a transfer of any Equity Interest in the Company in connection with a foreclosure on such Equity Interest under this Agreement and the Financing DocumentsSenior Secured Credit Documents during a Trigger Event Period.

Appears in 1 contract

Samples: Pledge Agreement (NextDecade Corp.)

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