Common use of Limitations on Actions Clause in Contracts

Limitations on Actions. Notwithstanding anything to the contrary in this Security Agreement, no Grantor shall be required to take any action in connection with Collateral pledged hereunder (and no security interest in such Collateral shall be required to be perfected) except to the extent consistent with Section 5.12(c) or 5.14 of the Credit Agreement and the Perfection Requirements or expressly required hereunder and except in accordance with Requirements of Law.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Claros Mortgage Trust, Inc.), Pledge and Security Agreement (Blackstone Mortgage Trust, Inc.), Pledge and Security Agreement (Claros Mortgage Trust, Inc.)

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Limitations on Actions. Notwithstanding anything to the contrary in this Security Agreement, no Grantor shall be required to take any action in connection with Collateral pledged hereunder (and no security interest in such Collateral shall be required to be perfected) except to the extent consistent with Section 5.12(c) or 5.14 2 of Annex A-1 of the Credit Agreement Note and the Perfection Requirements or expressly required hereunder and except in accordance with Requirements of Applicable Law.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Li-Cycle Holdings Corp.), Pledge and Security Agreement (Li-Cycle Holdings Corp.)

Limitations on Actions. Notwithstanding anything to the contrary in this Security Pledge Agreement, no Grantor shall be required to take any action in connection with Collateral pledged hereunder (and no security interest in such Collateral shall be required to be perfected) except to the extent consistent with Section 5.12(c) or 5.14 2 of Annex A-1 of the Credit Agreement Note and the Perfection Requirements or expressly required hereunder and except in accordance with Requirements of Applicable Law.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Li-Cycle Holdings Corp.), Stock Pledge Agreement (Li-Cycle Holdings Corp.)

Limitations on Actions. Notwithstanding anything to the contrary in this Security Agreement, no Grantor shall be required to take any action in connection with Collateral pledged hereunder (and no security interest in such Collateral shall be required to be perfected) except to the extent consistent with Section Sections 5.12(c) or and 5.14 of the Credit Agreement Agreement, the Collateral and Guarantee Requirement and the Perfection Requirements or expressly required hereunder and except in accordance with Requirements of Law.

Appears in 2 contracts

Samples: Credit Agreement (Cava Group, Inc.), Credit Agreement (Cava Group, Inc.)

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Limitations on Actions. Notwithstanding anything to the contrary in this Security Agreement, no Grantor shall be required to take any action in connection with Collateral pledged hereunder (and no security interest in such Collateral shall be required to be perfected) except to the extent consistent with Section Sections 5.12(c) or and 5.14 of the Credit Agreement and the Perfection Requirements or expressly required hereunder and except in accordance with Requirements of Law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nuvei Corp)

Limitations on Actions. Notwithstanding anything to the contrary in this Security Agreement, no Grantor shall be required to take any action in connection with Collateral pledged hereunder (and no security interest in such Collateral shall be required to be perfected) except to the extent consistent with Section 5.12(c4.12(b) or 5.14 4.15 of the Credit Agreement Indenture and the Perfection Requirements or expressly required hereunder and except in accordance with Requirements of Law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Blackstone Mortgage Trust, Inc.)

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