Sale of Pledged Collateral. Except as permitted under the Loan Documents, the Pledgor shall not sell or otherwise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral.
Appears in 2 contracts
Sources: Equity Pledge Agreement (Empire Resorts Inc), Equity Pledge Agreement (Empire Resorts Inc)
Sale of Pledged Collateral. Except as permitted under the Loan Documents, the The Pledgor shall not sell or otherwise other wise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral, except to the extent any such sale or disposition would not violate the terms and provisions of the Financing Documents; provided that any portion of the Pledged Collateral so sold or disposed of shall remain subject to the pledge of this Agreement to the same extent as though it had not been so sold or disposed of.
Appears in 2 contracts
Sources: Pledge and Security Agreement (LSP Batesville Funding Corp), Pledge and Security Agreement (LSP Batesville Funding Corp)
Sale of Pledged Collateral. Except as permitted under the Loan Documents, the The Pledgor shall not sell sell, assign, exchange or otherwise dispose of, or grant any option or warrant with respect to, of any of the Pledged CollateralCollateral or any interest therein.
Appears in 2 contracts
Sources: Pledge and Security Agreement (Gami Merger Co), Stock Pledge Agreement (Farley William)
Sale of Pledged Collateral. Except as permitted under the Loan Documents, the Pledgor shall not sell or otherwise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral; provided, however, that Pledgor shall be permitted to sell or otherwise dispose of the Pledged Collateral if such sale or other disposition is contemplated by the other Financing Documents.
Appears in 1 contract
Sale of Pledged Collateral. Except as otherwise permitted under by the Loan Finance Documents, the Pledgor shall not sell or otherwise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral.
Appears in 1 contract
Sources: Pledge and Security Agreement (Louisiana Generating LLC)
Sale of Pledged Collateral. Except as otherwise permitted under by the Loan Financing Documents, the Pledgor shall not sell or otherwise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral; provided, however, that Pledgor shall be permitted to sell or otherwise dispose of the Pledged Collateral if such sale or other disposition is contemplated by the other Financing Documents.
Appears in 1 contract
Sale of Pledged Collateral. Except as permitted under the Loan Documents, the The Pledgor shall not sell or otherwise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral, except to the extent the same would not violate the terms and provisions of the Financing Documents, provided that the Pledged Collateral shall at all times remain subject to the pledge of this Agreement following any sale or disposition thereof.
Appears in 1 contract
Sources: Pledge and Security Agreement (LSP Batesville Funding Corp)
Sale of Pledged Collateral. Except as permitted under the Loan Documents, the The Pledgor shall not sell or otherwise other wise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral, except to the extent the same would not violate the terms and provisions of the Financing Documents, provided that the Pledged Collateral shall at all times remain subject to the pledge of this Agreement following any sale or disposition thereof.
Appears in 1 contract
Sources: Pledge and Security Agreement (LSP Batesville Funding Corp)
Sale of Pledged Collateral. Except as expressly permitted under by this Agreement and the other Loan Documents, the Pledgor shall not sell or otherwise dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral.
Appears in 1 contract
Sources: Credit Agreement (Redaptive, Inc.)