Common use of No Disposition, Etc Clause in Contracts

No Disposition, Etc. Until the irrevocable payment in full in cash of the Liabilities, Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Shares or any other Pledged 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 Pledged Shares or any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of Pledgee provided for by this Agreement and the Security Agreement and Permitted Liens, as defined in the Exchange Agreement.

Appears in 4 contracts

Samples: Pledge Agreement (Longview Fund Lp), Pledge Agreement (Sonterra Resources, Inc.), Pledge Agreement (Sonterra Resources, Inc.)

AutoNDA by SimpleDocs

No Disposition, Etc. Until the irrevocable payment in full in cash of the Liabilities, Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Shares or any other Pledged 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 Pledged Shares or any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of Pledgee provided for by this Agreement and the Security Agreement and Permitted Liens, as defined in the Exchange Purchase Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Sonterra Resources, Inc.), Pledge Agreement (Sonterra Resources, Inc.)

No Disposition, Etc. Until the irrevocable payment in full in cash of the LiabilitiesObligations, each Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Shares or any other Pledged Collateral, nor will such 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 Pledged Shares or to any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of Pledgee provided for by this Agreement and the Security Agreement and Permitted Liens, as defined in the Exchange Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (South Texas Oil Co), Pledge Agreement (South Texas Oil Co)

AutoNDA by SimpleDocs

No Disposition, Etc. Until the irrevocable payment Payment in full in cash Full of the LiabilitiesObligations, Pledgor agrees that it will not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Shares Interests or any other Pledged Collateral, nor will any 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 Pledged Shares Interests or any other Pledged Collateral, or any interest therein, or any proceeds thereof, except for the lien and security interest of Pledgee provided for by this Agreement and Agreement, the Security Agreement Agreement, the other Collateral Documents and Permitted Liens, as defined in the Exchange Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Adma Biologics, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.