Pledge and Security Interest Restrictions. Notwithstanding anything contained in this Agreement to the contrary, no Member may pledge or create any security interest in any Units without the Consent of the Board of Managers.
Pledge and Security Interest Restrictions Sample Clauses
Related to Pledge and Security Interest Restrictions
ACCOUNT RESTRICTIONS In order to receive and maintain a Platinum Secure Mastercard Credit Card, You agree to give Us a specific pledge of shares which will equal Your credit limit. In the event that You default on Your Platinum Secure Mastercard Credit Card, We may apply these shares toward the repayment of any amount owed on Your Account. You may cancel Your Platinum Secure Mastercard Credit Card at any time by paying any amounts owed on Your Account. To be certain that Your entire balance and all advances on Your Account are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.
Investment Restrictions How the Fund is Managed ................................................................................
Licence Restrictions Except as expressly set out in this XXXX or as permitted by any local law, you agree:
Funding Restrictions If the Plan is ever determined to be governed by ERISA, nothing herein shall be interpreted to prevent the Plan from complying with the benefit restrictions of Section 436 of the Internal Revenue Code of 1986, as amended, or any other applicable law, including all restrictions on lump sum payments.
Permitted License Uses and Restrictions (a) This Order Form Supplement allows you, as an authorized User under the Master Subscription Agreement, to use the Software on any Supported Device and on no other devices.
Restrictions of Use 3.1. You are restricted to do, and You will not do (nor will You allow any of Your Users and any other third party to do) any of the followings:
Age Restrictions Drivers must be 21 years of age or over.
Certain Restrictions (A) Whenever quarterly dividends or other dividends or distributions payable on the Series A Preferred Stock as provided in Section 2 are in arrears, thereafter and until all accrued and unpaid dividends and distributions, whether or not declared, on shares of Series A Preferred Stock outstanding shall have been paid in full, the Corporation shall not:
Deed Restrictions The Recipient shall record the Deed Restrictions together with the deed. The Recipient agrees that the Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, at the Director's sole and absolute discretion, who shall have full enforcement authority with respect to the Deed Restrictions. If any amendment, release, extinguishment or other modification of the Deed Restrictions should occur without the prior written approval of the Director, the Recipient or its successors and assigns as owner of the Land or interest therein, shall pay to the OPWC upon demand from the Director the following: 1) all grant funds disbursed under this Agreement; and 2) liquidated damages equal to one hundred percent (100%) of the Funds disbursed by the OPWC for the Project together with interest accruing at a rate equal to six percent (6%) per annum from the date of Recipient's receipt of the grant.
Restrictions on Payments An employee shall not be entitled to payment for inclement weather as provided for in this clause unless the employee remains on the job until the provisions set out in this clause have been observed.
