Impairment. The Pledgor shall not take, or participate in, any action which impairs, or which would for any other reason be inconsistent with, the security interest of the Pledgee or the security purpose as described in Clause 4 hereof or which would defeat, impair or circumvent the rights of the Pledgee hereunder in each case in any respect.
Appears in 2 contracts
Sources: Share Pledge Agreement (Solutia Inc), Share Pledge Agreement (Solutia Inc)
Impairment. The Pledgor shall not take, or participate in, any action which impairs, or which would for any other reason be inconsistent with, the security interest of the Pledgee Secondary Pledgees or the security purpose as described in Clause 4 hereof or which would defeat, impair or circumvent the rights of the Pledgee Secondary Pledgees hereunder in each case in any respect.
Appears in 2 contracts
Sources: Secondary Interest Pledge Agreement (Kabel Deutschland GmbH), Secondary Share Pledge Agreement (Kabel Deutschland GmbH)
Impairment. The Pledgor shall not take, or participate in, any action which impairs, or which would for any other reason be inconsistent with, the security interest of the Pledgee Pledgees or the security purpose as described in Clause 4 3 hereof or which would defeat, impair or circumvent the rights of the Pledgee Pledgees hereunder in each case in any material respect.
Appears in 2 contracts
Sources: Share Pledge Agreement, Share Pledge Agreement (Warp Technology Holdings Inc)
Impairment. The Pledgor shall not take, or participate in, any action which impairs, or which would for any other reason be inconsistent with, the security interest of the Pledgee Pledgees or the security purpose as described in Clause 4 hereof or which would defeat, impair or circumvent the rights of the Pledgee Pledgees hereunder in each case in any respect.
Appears in 1 contract
Impairment. The Pledgor shall not take, or participate in, any action which impairs, or which would for any other reason be inconsistent with, the security interest of the Pledgee Pledgees or the security purpose as described in Clause 4 3 (Security Purpose) hereof or which would defeat, impair or circumvent the rights of the Pledgee Pledgees hereunder in each case in any material respect.
Appears in 1 contract
Sources: Stock Pledge Agreement (Grand Chip Investment GmbH)
Impairment. The Pledgor shall not take, or participate in, any action which impairs, or which would for any other reason be inconsistent with, the security interest of the Pledgee Pledgees or the security purpose as described in Clause 4 hereof or which would defeat, impair or circumvent the rights of the Pledgee Pledgees hereunder in each case in any respect.
Appears in 1 contract