Common use of Agreements Restricting Liens Clause in Contracts

Agreements Restricting Liens. The Borrower will not, and will not permit any of its Subsidiaries or any Holdco Entity to, enter into any agreement (other than a Credit Document) which, except with respect to specific Property encumbered to secure payment of Debt related to such Property or otherwise, imposes restrictions greater than those under this Agreement upon the creation or assumption of any Lien upon its Properties, revenues or assets, whether now owned or hereafter acquired.

Appears in 4 contracts

Samples: Credit Agreement (HF Sinclair Corp), Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)

AutoNDA by SimpleDocs

Agreements Restricting Liens. The Borrower will not, and will not permit any of its Subsidiaries or any Holdco Entity to, enter into any agreement (other than a Credit Document) which, except with respect to specific Property encumbered to secure payment of Debt related to such Property or otherwiseProperty, imposes restrictions greater than those under this Agreement upon the creation or assumption of any Lien upon its Properties, revenues or assets, whether now owned or hereafter acquired.

Appears in 4 contracts

Samples: Security Agreement (Holly Energy Partners Lp), Security Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)

AutoNDA by SimpleDocs

Agreements Restricting Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries or any Holdco Entity Credit Party to, enter into any agreement (other than a Credit Document) which, except with respect to specific Property encumbered to secure payment of Debt related to such Property or otherwiseProperty, imposes restrictions greater than those under this Agreement upon the creation or assumption of any Lien upon its Properties, revenues or assetsProperty, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Maxxim Medical Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.