Common use of Bust-up Provision Clause in Contracts

Bust-up Provision. Notwithstanding any other provision of the Margin Loan Documentation to the contrary, any sale, transfer or other disposition of Relevant Collateral Shares by Collateral Agent must be a Qualifying Disposition.

Appears in 2 contracts

Sources: Pledge and Security Agreement (Patel Tushar Bhikhubhai), Pledge and Security Agreement (Patel Chintu)