Common use of Transfer, etc Clause in Contracts

Transfer, etc. by Company. Without the prior written consent of the Lender, the Company will not sell, assign, transfer or otherwise dispose of, grant any option with respect to, or pledge or grant any security interest in or otherwise encumber or restrict any of the Stock Collateral or any interest therein, except for the pledge thereof and security interest therein provided for in this Agreement.

Appears in 1 contract

Sources: Stock Pledge Agreement (Microfluidics International Corp)

Transfer, etc. by CompanyCompanies. Without the prior written consent of the LenderAgent, the Company Companies will not sell, assign, transfer or otherwise dispose of, grant any option with respect to, or pledge or grant any security interest in or otherwise encumber or restrict any of the Stock Collateral or any interest therein, except for the pledge thereof and security interest therein provided for in this Agreement.

Appears in 1 contract

Sources: Stock Pledge Agreement (Morgan Group Inc)

Transfer, etc. by Company. Without the prior written consent of the LenderBank, the Company will not sell, assign, transfer or otherwise dispose of, grant any option with respect to, or pledge or grant any security interest in or otherwise encumber or restrict any of the Stock Collateral or any interest therein, except for the pledge thereof and security interest therein provided for in this Agreement.

Appears in 1 contract

Sources: Stock Pledge Agreement (Watson General Corp)