Additional Negative Pledge Sample Clauses

Additional Negative Pledge. Agree or covenant with or promise any person or entity other than you and the Banks that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property on terms similar to those set forth in Paragraph 6.4 hereof.
AutoNDA by SimpleDocs
Additional Negative Pledge. Enter into an agreement with or covenant or promise to any Person other than Lenders that in any manner restricts its ability to pledge its assets or properties or otherwise grant liens, security interests or encumbrances on its property.
Additional Negative Pledge. Agree or covenant with or promise any person or entity other than the Banks and the trustee for the holders of the Communications Bond Debt that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property on terms similar to those set forth in Paragraph 7.4 hereof. -82-
Additional Negative Pledge. Except for existing agreements -------------------------- relating to the mortgage debt permitted pursuant to Paragraph 6.1(vi) hereof, agree or covenant with or promise any Person or entity other than the Lenders that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property.
Additional Negative Pledge. Enter into, assume, or be or become subject to any agreement, covenant, or promise with any person or entity (other than (a) hereunder and (b) as exists on the date hereof in the Note Purchase Agreement and the Existing Letter of Credit) restricting in any manner its ability to pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property.
Additional Negative Pledge. Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) the terms of any agreement, instrument or other document pursuant to which any Indebtedness permitted by Section 7.01(a) or (b) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, and (ii) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.
Additional Negative Pledge. 64 10.6 Communications Bond Debt, Preferred Stock, and Exchange Debentures . . . . . . . . . . . . . 64 10.7
AutoNDA by SimpleDocs
Additional Negative Pledge. Communications shall not agree or covenant with or promise any Person, other than Lenders, the trustee for the holders of the Communications Bond Debt, the trustee for the holders of the Exchange Debentures, or the holders of the Preferred Stock, that it will not pledge its assets or properties or otherwise grant any liens, security interests, or encumbrances on its property on terms similar to those set forth in SECTION 10.4 hereof.
Additional Negative Pledge. Agree or covenant with or promise any Person other than the Lenders in connection with this Agreement or the Senior Lender that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property (provided that any such agreement permits the liens created in favor of the Lenders pursuant to this Agreement and the other Transaction Documents).
Additional Negative Pledge. Other than in connection with Permitted Encumbrances described on Schedule 6.4 securing equipment financings in the ordinary course of business, agree or covenant with or promise any Person that it will pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property.
Time is Money Join Law Insider Premium to draft better contracts faster.