Common use of Acquisition of Liens or Guaranties Clause in Contracts

Acquisition of Liens or Guaranties. Except as expressly permitted by the Credit Agreement, no Creditor Obligor shall (i) acquire any Lien on any asset of any Debtor Obligor or (ii) accept any guaranties from any other Obligor or from any other Subsidiary of any Loan Party for the Subordinated Debt.

Appears in 7 contracts

Samples: Credit Agreement (Acutus Medical, Inc.), Intercompany Subordination Agreement (Nuverra Environmental Solutions, Inc.), Intercompany Subordination Agreement (Nuverra Environmental Solutions, Inc.)

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Acquisition of Liens or Guaranties. Except as expressly permitted by the Credit AgreementFinancing Agreement or the other Loan Documents, no Creditor Obligor shall shall, without the prior written consent of the Agents, (i) acquire any Lien on any asset of any Debtor Obligor or (ii) accept any guaranties from any other Obligor or from any other Subsidiary of any Loan Party for the Subordinated Debt.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Unique Logistics International, Inc.)

Acquisition of Liens or Guaranties. Except as expressly permitted by the Credit AgreementAgreements, no Creditor Obligor shall (i) acquire any Lien on any asset of any Debtor Obligor or (ii) accept any guaranties from any other Obligor or from any other Subsidiary of any Loan Party for the Subordinated Debt.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Nuverra Environmental Solutions, Inc.)

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Acquisition of Liens or Guaranties. Except as expressly permitted by the Credit AgreementIndenture, no Creditor Obligor shall (i) acquire any Lien on any asset of any Debtor Obligor or (ii) accept any guaranties from any other Obligor or from any other Subsidiary of any Loan Party for the Subordinated Debt.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Nuverra Environmental Solutions, Inc.)

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