Common use of No Pledge Clause in Contracts

No Pledge. Neither Seller nor Guarantor shall pledge, transfer or convey any security interest in the Securities Account to any Person without the express written consent of Buyer.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

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No Pledge. Neither Seller nor Guarantor shall pledge, transfer or convey any security interest in the Securities Account to any Person without the express written consent of BuyerAdministrative Agent.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

No Pledge. Neither Seller nor either Guarantor shall pledge, transfer or convey any security interest in the Securities Collection Account to any Person without the express written consent of Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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No Pledge. Neither Seller nor Guarantor shall pledge, transfer or convey any security interest in the Securities Collection Account to any Person without the express written consent of Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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