Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Collateral, or any part thereof, or any cash or property held by the Lender as Collateral under this Agreement.
Appears in 2 contracts
Sources: Pledge Agreement (GS Energy CORP), Pledge Agreement (Greenshift Corp)
Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the CollateralCollateral or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Collateral or any part thereof, or any cash or property held by the Lender Secured Party as Collateral under this Agreement, except as contemplated by this Agreement.
Appears in 2 contracts
Sources: Pledge Agreement (Ameritrans Capital Corp), Stock Pledge Agreement (Ameritrans Capital Corp)
Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the CollateralCollateral or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Collateral or any part thereof, or any cash or property held by the Lender Collateral Agent as Collateral under this Agreement, except as contemplated by this Agreement or the other Financing Documents.
Appears in 2 contracts
Sources: Pledge Agreement (Allegheny Energy, Inc), Pledge Agreement (Allegheny Energy, Inc)
Binding Agreement; Assignments. This Pledge Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, administrators, successors and assigns, except that without the written consent of Lender, Pledgor shall not be permitted to assign this Pledge Agreement or any interest herein or in the Collateral, Collateral or any part thereof, or otherwise transfer, pledge, encumber or grant any cash option with respect to the Collateral or property held by the Lender as Collateral under this Agreementany part thereof.
Appears in 1 contract
Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the . Each Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Collateral, or any part thereof, or any cash or property held by the Lender Indenture Trustee as Collateral under this Agreement, except (a) with the prior written consent of the Indenture Trustee, if applicable, or (b) as permitted under the Indenture. Any purported assignment in violation of this Section shall be null and void.
Appears in 1 contract
Sources: Pledge and Security Agreement (Pinnacle Towers III LLC)
Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the . Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Lender as Pledged Collateral under this Agreement, except with the prior written consent of Lender. Any purported assignment in violation of this Section shall be null and void.
Appears in 1 contract
Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the Pledgor Pledgors shall not be permitted to assign this Agreement or any interest herein or in the CollateralCollateral or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Collateral or any part thereof, or any cash or property held by the Lender Security Agent as Collateral under this Agreement, except as contemplated by this Agreement.
Appears in 1 contract
Sources: Pledge Agreement (Getty Images Inc)
Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor Debtors shall not be permitted to assign this Agreement or any interest herein or in the Collateral, or any part thereof, or any cash or property held by the Lender Secured Party as Collateral under this Agreement, except as contemplated by this Agreement or the Credit Agreement.
Appears in 1 contract
Sources: Security Agreement (Airxcel Inc)