Common use of No Disposition, Etc Clause in Contracts

No Disposition, Etc. Without the prior written consent of Lender, Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Collateral, nor will Pledgor create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of Lender, Pledgor agrees that it will not vote to enable the issuer of the Pledged Stock owned by Pledgor to, and will not otherwise permit such issuer to, issue any stock or other securities of any nature in addition to or in exchange or substitution for such Pledged Stock.

Appears in 1 contract

Samples: Security Agreement (Temtex Industries Inc)

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No Disposition, Etc. Without the prior written consent of the Lender, the Pledgor agrees that it the Pledgor will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor create, incur incur, or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the Lender, the Pledgor agrees that it the Pledgor will not vote to enable the issuer of the Pledged Stock owned by Pledgor DCS* Gasnet to, and will not otherwise permit such issuer DCS* Gasnet to, issue any stock or other securities of any nature in addition to or in exchange or substitution for such the Pledged Stock.

Appears in 1 contract

Samples: Pledge Agreement (Caminus Corp)

No Disposition, Etc. Without the prior written consent of the Lender, the Pledgor agrees that it the Pledgor will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor create, incur incur, or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the Lender, the Pledgor agrees that it the Pledgor will not vote to enable the issuer of the Pledged Stock owned by Pledgor DC Systems to, and will not otherwise permit such issuer DC Systems to, issue any stock or other securities of any nature in addition to or in exchange or substitution for such the Pledged Stock.

Appears in 1 contract

Samples: Pledge Agreement (Caminus Corp)

No Disposition, Etc. Without the prior written consent of LenderUDSC, Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Collateral, nor will Pledgor it create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of LenderUDSC, Pledgor agrees that it will not vote to enable the issuer of the Pledged Stock owned by Pledgor to, and will not otherwise permit such issuer to, issue any stock or other securities of any nature in addition to or in exchange or substitution for such Pledged Stock.

Appears in 1 contract

Samples: Pledge and Security Agreement (JLM Industries Inc)

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No Disposition, Etc. Without the prior written consent of the Lender, the Pledgor agrees that it the Pledgor will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Stock or any of the other Collateral, nor will the Pledgor create, incur incur, or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to the Pledged Stock or any of the other Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement. Without the prior written consent of the Lender, the Pledgor agrees that it the Pledgor will not vote to enable the issuer of the Pledged Stock owned by Pledgor Company to, and will not otherwise permit such issuer the Company to, issue any stock or other securities of any nature in addition to or in exchange or substitution for such the Pledged Stock.

Appears in 1 contract

Samples: Pledge Agreement (Caminus Corp)

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