Common use of Transfer or Encumbrance Clause in Contracts

Transfer or Encumbrance. Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien upon or file or record any financing statement or other xxxxxxxxxxxx with respect to the Collateral, nor will Pledgor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person.

Transfer or Encumbrance. Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien upon or file or record any financing statement or other xxxxxxxxxxxx xxxxxxxxxxxn with respect to the CollateralCollateral (other than in connection with Permitted Subordinate Liens), nor will Pledgor allow any such Lien, financing statement, or other registration to exist (other than in connection with Permitted Subordinate Liens) or deliver actual or constructive possession of the Collateral to any other Person.

Transfer or Encumbrance. Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien upon granx x Xxxx xxxn or execute, file or record any financing statement or other xxxxxxxxxxxx registration with respect to the Collateral, nor will Pledgor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other PersonPerson other than Liens in favor of Pledgee.

Transfer or Encumbrance. Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien xxxxx x Xxxx upon or execute, file or record any financing statement or other xxxxxxxxxxxx registration with respect to the Collateral, nor will Pledgor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other PersonPerson other than Liens in favor of Pledgee.

Transfer or Encumbrance. Except as expressly permitted by the Credit Agreement, Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien xxxxx x Xxxx upon or execute, file or record any financing statement or other xxxxxxxxxxxx registration with respect to the CollateralCollateral (other than the security interests created by this Agreement), nor will Pledgor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other PersonPerson other than Liens in favor of Pledgee.

Transfer or Encumbrance. Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien upon granx x Xxxx xxxn or execute, file or record any financing statement or other xxxxxxxxxxxx registration with respect to the CollateralCollateral (other than the security interests created by this Agreement), nor will Pledgor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other PersonPerson other than Liens in favor of Pledgee.

Transfer or Encumbrance. Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien upon granx x Xxxx xxxn or execute, file or record any financing statement or other xxxxxxxxxxxx registration with respect to the Collateral, nor will Pledgor allow any such Lien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Person, other than Liens in favor of Secured Party.

Transfer or Encumbrance. Pledgor will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, nor will Pledgor grant a Lien xxxxx x xxxx upon or execute, file or record any financing statement or other xxxxxxxxxxxx registration with respect to the Collateral, nor will Pledgor allow any such Lienlien, financing statement, or other registration to exist or deliver actual or constructive possession of the Collateral to any other Personperson other than liens in favor of Pledgee.