Examples of Encumber in a sentence
A Member may not Dispose of or Encumber all or any portion of its Membership Interest except in strict accordance with this Section 3.03.
A Member may Encumber its Membership Interest if the instrument creating such Encumbrance provides that any foreclosure of such Encumbrance (or Disposition in lieu of such foreclosure) must comply with the requirements of Section 3.03(b).
Seller and Purchaser shall cooperate with each other and use their reasonable best efforts to obtain such consents to the extent required of such other persons at the earliest practicable time.
A Member shall not be entitled to Dispose of, Encumber or in any way transfer to any Person his Membership or any rights or obligations comprising or associated with his Membership.
Any attempt by a Holder to transfer or Encumber any of its Common Stock in violation of the terms of this Agreement shall be void and ineffective.