Common use of Without Party Clause in Contracts

Without Party. B’s consent, Party A shall not mortgage or pledge any assets acquired by utilizing the Loan hereunder for the benefit of a third party before full repayment of the principals and interest accrued thereon;

Appears in 5 contracts

Sources: RMB Working Capital Loan Agreement (Applied Optoelectronics, Inc.), RMB Working Capital Loan Agreement (Applied Optoelectronics, Inc.), RMB Working Capital Loan Agreement (Applied Optoelectronics, Inc.)

Without Party. B’s consent, Party A shall not mortgage or pledge any assets acquired by utilizing the Loan loans hereunder for the benefit of a third party before full repayment of the principals principal and interest accrued thereon;

Appears in 1 contract

Sources: Credit Facility Contract (Viasystems Group Inc)