Common use of No Disposition, Etc Clause in Contracts

No Disposition, Etc. Without the prior written consent of Pledgee, Pledgor will not sell or otherwise dispose of, grant any Encumbrance on or any option or right with respect to, or mortgage, hypothecate, assign, pledge, transfer, charge or otherwise encumber any of the Collateral, any interest therein or any proceeds thereof, except for the lien and security interest provided for by this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Logimetrics Inc), Purchase Agreement (L 3 Communications Corp), Stock Pledge Agreement (Logimetrics Inc)

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No Disposition, Etc. Without the prior written consent of Pledgeethe Pledgees, Pledgor agrees that it will not sell sell, assign, transfer, exchange, or otherwise dispose of, or grant any Encumbrance on or any option or right with respect to, the Pledged Shares, or any portion thereof, nor will it create, incur or permit to exist any pledge, lien, mortgage, hypothecatehypothecation, assignsecurity interest, pledgecharge, transferoption or any other encumbrance with respect to the Pledged Shares, charge or otherwise encumber any of the Collateralportion thereof, any interest therein therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Skyline Multimedia Entertainment Inc), Pledge Agreement (Prospect Street Nyc Discovery Fund Lp)

No Disposition, Etc. Without the prior written consent of Pledgee, the Pledgor agrees that it will not sell sell, assign, transfer, exchange, or otherwise dispose of, or grant any Encumbrance on options, warrants or agreements of any option kind or right with respect to, the Collateral Security, nor will it create, incur or permit to exist any pledge, lien, mortgage, hypothecatehypothecation, assignsecurity interest, pledgecharge, transfer, charge option or otherwise encumber any other encumbrance with respect to any of the CollateralCollateral Security, or any interest therein or thereon, of any proceeds thereof, except for the lien and security interest provided for by this Pledsge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Careerengine Network Inc)

No Disposition, Etc. Without the prior written consent of Pledgee, except as expressly permitted hereunder or under the terms and conditions of the Settlement Agreement, each Pledgor agrees that such Pledgor will not sell sell, assign, transfer, exchange, or otherwise dispose of, or grant any Encumbrance on or any option or right with respect to, the Pledged Shares or mortgageany other Collateral, hypothecatenor will such Pledgor create, assign, pledge, transfer, charge incur or otherwise encumber permit to exist any Lien on or with respect to any of the CollateralPledged Shares, any other Collateral or any interest therein therein, or any proceeds thereof, except for the lien and security interest provided for by this AgreementPermitted Liens. Section 10.

Appears in 1 contract

Samples: Non Recourse Guaranty and Pledge Agreement

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No Disposition, Etc. Without the prior written consent of Pledgee, except as expressly permitted hereunder or under the terms and conditions of the Settlement Agreement, each Pledgor agrees that such Pledgor will not sell sell, assign, transfer, exchange, or otherwise dispose of, or grant any Encumbrance on or any option or right with respect to, the Pledged Shares or mortgageany other Collateral, hypothecatenor will such Pledgor create, assign, pledge, transfer, charge incur or otherwise encumber permit to exist any Lien on or with respect to any of the CollateralPledged Shares, any other Collateral or any interest therein therein, or any proceeds thereof, except for the lien and security interest provided for by this AgreementPermitted Liens.

Appears in 1 contract

Samples: Non Recourse Guaranty and Pledge Agreement (Moyes Jerry)

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