Common use of No Pledges Clause in Contracts

No Pledges. Neither Subscriber nor any Investor has pledged the Securities, and will not pledge the Securities during the Restricted Period (as defined below), as collateral in a margin account or otherwise with a U.S. person.

Appears in 2 contracts

Sources: Securities Subscription Agreement (Spintek Gaming Technologies Inc \Ca\), Securities Subscription Agreement (Spintek Gaming Technologies Inc \Ca\)