Common use of Disposal Clause in Contracts

Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the Relevant Pledged Assets except as permitted by the Clearing Conditions, the Agreement (including this Schedule 1), the arrangements governing a Previous Pledge or a Permitted Pledge, SC Xemac or the Collateral Management Service Agreements, and as long as no Event of Default has occurred. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee). The Pledgee is entitled to notify CBL of the occurrence of the Event of Default so as to block the operation of the CBL GC Pooling Re-use Pledged Securities Account(s) and ensure CBL solely complies with the instructions of the Pledgee.

Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the any Relevant Pledged Assets except as permitted by the Clearing Conditions, Conditions or the Agreement (including this Schedule 1), ) or the arrangements governing a Previous Pledge or a Permitted Pledge, SC Xemac or the Collateral Management Service Agreements, Pledge and as long as no Event of Default has occurredoccured. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee). The Pledgee is entitled to notify CBL of the occurrence of the Event of Default so as to block the operation of the CBL GC Pooling Rerelevant Non-use CmaX Pledged Securities Account(s) and ensure CBL solely complies with the instructions of the Pledgee.

Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the any Relevant Pledged Assets except as permitted by the Clearing Conditions, the Collateral Management Service Agreements, the Agreement (including this Schedule 1), ) or the arrangements governing a Previous Pledge or a Permitted Pledge, SC Xemac or the Collateral Management Service Agreements, and as long as no Event of Default has occurredoccured. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee). The Pledgee is entitled to notify CBL of the occurrence of the Event of Default so as to block the operation of the CBL GC Pooling Re-use relevant CmaX Pledged Securities Account(s) and ensure CBL solely complies with the instructions of the Pledgee.

Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the any Relevant Pledged Assets except as permitted by the Clearing Conditions, the Collateral Management Service Agreements, the Agreement (including this Schedule 1), ) or the arrangements governing a Previous Pledge or a Permitted Pledge, SC Xemac or the Collateral Management Service Agreements, and as long as no Event of Default has occurred. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee). The Pledgee is entitled to notify CBL of the occurrence of the Event of Default so as to block the operation of the CBL GC Pooling Re-use relevant CmaX Pledged Securities Account(s) and ensure CBL solely complies with the instructions of the Pledgee.

Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the any Relevant Pledged Assets except as permitted by the Clearing Conditions, Conditions or the Agreement (including this Schedule 1), ) or the arrangements governing a Previous Pledge or a Permitted Pledge, SC Xemac or the Collateral Management Service Agreements, Pledge and as long as no Event of Default has occurred. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee). The Pledgee is entitled to notify CBL of the occurrence of the Event of Default so as to block the operation of the CBL GC Pooling Rerelevant Non-use CmaX Pledged Securities Account(s) and ensure CBL solely complies with the instructions of the Pledgee.

Disposal. The Pledgor shall not, nor shall the Pledgor agree to, enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to sell, lease, transfer or otherwise dispose of the Relevant Pledged Assets except as permitted by the Clearing Conditions, the Agreement (including this Schedule 1), the arrangements governing a Previous Pledge or a Permitted Pledge, SC Xemac Pledge or the Collateral Management Service Agreements, and as long as no Event of Default has occurred. As of the occurrence of an Event of Default, the Pledgor may no longer dispose of the Relevant Pledged Assets (except as otherwise agreed with the Pledgee). The Pledgee is entitled to notify CBL of the occurrence of the Event of Default so as to block the operation of the CBL GC Pooling Re-use Pledged Securities Account(s) and ensure CBL solely complies with the instructions of the Pledgee.