No Other Liens; No Sales or Transfers. Pledgor hereby represents and warrants that he has good and valid title to all of the Pledge Shares, free and clear of all liens, security interests and other encumbrances, and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on each of the Notes has been repaid, Pledgor shall not
Appears in 2 contracts
Samples: Executive Securities Purchase and Employment Agreement (Petersen Holdings LLC), Executive Securities Purchase and Employment Agreement (Petersen Holdings LLC)
No Other Liens; No Sales or Transfers. Pledgor hereby represents and warrants that he Pledgor has good and valid title to all of the Pledge SharesCollateral, free and clear of all liens, security interests and other encumbrances, encumbrances and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on each of the Notes has Note and amounts due and owing hereunder have been repaid, Pledgor shall notnot (i) create, incur, assume or suffer to exist any pledge, security
Appears in 2 contracts
Samples: Stock Pledge Agreement (Maxxim Medical Inc), Stock Pledge Agreement (Maxxim Medical Inc)
No Other Liens; No Sales or Transfers. Pledgor hereby represents and warrants that he has good and valid title to all of the Pledge SharesPledged Securities, free and clear of all liens, security interests and other encumbrances, and Pledgor hereby covenants that, until such time as all of the outstanding principal of and interest on each of the Notes Note has been repaid, Pledgor shall not
Appears in 1 contract
Samples: Executive Securities Pledge Agreement (Racing Champions Corp)
