Common use of Acquisition of Liens or Guaranties Clause in Contracts

Acquisition of Liens or Guaranties. No Debtor shall, without the prior consent of Agent, acquire any right or interest in or to any Collateral not owned by such Debtor or accept any guaranties for the Subordinated Debt.

Appears in 3 contracts

Samples: Intercompany Subordination Agreement (Hudson Respiratory Care Inc), Intercompany Subordination Agreement (River Holding Corp), Intercompany Subordination Agreement (Hudson Respiratory Care Inc)

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Acquisition of Liens or Guaranties. No Debtor Creditor shall, without the prior written consent of Agentthe Purchaser, acquire any right or interest in or to any Collateral not owned by such Debtor Creditor or accept any guaranties for the Subordinated Debt.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Butler International Inc /Md/)

Acquisition of Liens or Guaranties. No Debtor shallThe Creditor shall not, without the prior consent of Agentthe Agent and the Majority Banks, acquire any right or interest in or to any Creditor Collateral not owned by such Debtor or accept any guaranties for the Subordinated Debt.

Appears in 1 contract

Samples: Credit Agreement (Mentor Graphics Corp)

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Acquisition of Liens or Guaranties. No Debtor Creditor shall, without the prior written consent of Agent, acquire any right or interest in or to any Collateral not owned by such Debtor Creditor or accept any guaranties for the Subordinated Debt.

Appears in 1 contract

Samples: Credit Agreement (Advent Software Inc /De/)

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