Common use of Acquisition of Liens or Guaranties Clause in Contracts

Acquisition of Liens or Guaranties. The Creditor shall not, without the prior written consent of the Collateral Agent and the Required Secured Parties, acquire any right or interest in or to any collateral to secure the Subordinated Debt or accept any guaranties for the Subordinated Debt. The Borrower shall not, without the prior written consent of the Collateral Agent and the Required Secured Parties, grant, or suffer or permit its Subsidiaries to grant, to the Creditor any right or interest in or to any collateral to secure the Subordinated Debt or suffer or permit any of its Subsidiaries to provide any guaranties for the Subordinated Debt.