Common use of General Prohibition Clause in Contracts

General Prohibition. A Shareholder may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of its Shares or any part of its right, title and interest in the capital or profits in the Trust except as permitted in this Article V and any act in violation of this Article V shall not be binding upon or recognized by the Trust (regardless of whether the Sponsor shall have knowledge thereof), unless approved in writing by the Sponsor.

General Prohibition. A Shareholder may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of its his Shares or any part of its his right, title and interest in the capital or profits in the Trust any Fund except as permitted in this Article V VI and any act in violation of this Article V VI shall not be binding upon or recognized by the Trust (regardless of whether the Sponsor shall have knowledge thereof), unless approved in writing by the Sponsor.

General Prohibition. A Shareholder may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of its Shares or any part of its right, title and interest in the capital or profits in the Trust Estate except as permitted in this Article V IV and any act in violation of this Article V IV shall not be binding upon or recognized by the Trust (regardless of whether the Sponsor shall have knowledge thereof), unless approved in writing by the Sponsor.

General Prohibition. A Shareholder may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of its his Shares or any part of its his right, title and interest in the capital or profits in the Trust any Fund except as permitted in this Article V and any act in violation of this Article V shall not be binding upon or recognized by the Trust (regardless of whether the Sponsor shall have knowledge thereof), unless approved in writing by the Sponsor.

General Prohibition. A Shareholder may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate mortgage, charge, hypothecate. grant any other security interest over or in any manner encumber any or all of its Shares or any part of its right, title and interest in the capital or profits in the Trust Fund Property except as permitted in this Article V ARTICLE III and any act in violation of this Article V ARTICLE III shall be of no effect and shall not be binding upon or recognized by the Trust Fund (regardless of whether the Sponsor Manager shall have knowledge thereof), unless approved in writing by the SponsorManager.