Common use of Creation of Liens Clause in Contracts

Creation of Liens. Each Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon any property or assets of any kind (real or personal, tangible or intangible) of any such Person (including its Equity Interests), whether now owned or hereafter acquired, except for the following (collectively, the “Permitted Encumbrances”):

Appears in 5 contracts

Samples: Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.)

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Creation of Liens. Each Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume create or suffer to exist any Lien or transfer upon or against any of its property or assets of any kind (real or personal, tangible or intangible) of any such Person (including its Equity Interests), whether now owned or hereafter created or acquired, except for the following (collectively, the “Permitted Encumbrances”):.

Appears in 4 contracts

Samples: Loan and Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

Creation of Liens. Each Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume create or suffer to exist any Lien or transfer upon or against any of its property or assets of any kind (real or personal, tangible or intangible) of any such Person (including its Equity Interests), whether now owned or hereafter created or acquired, except for the following (collectively, the “Permitted Encumbrances”):. [PHI Group] Revolving Credit, Term Loan and Security Agreement

Appears in 2 contracts

Samples: Loan and Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De)

Creation of Liens. Each The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon on any property portion of the Collateral or assets on any of any kind (real or personal, tangible or intangible) of any such Person (including its Equity Interests)other Properties, whether now owned or hereafter acquired, except for the following (collectively, the “"Permitted Encumbrances”Liens"):

Appears in 1 contract

Samples: Loan Agreement (Addvantage Technologies Group Inc)

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Creation of Liens. Each Borrower will not, and will shall not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon any property of Borrower’s property, assets or assets of any kind (real or personal, tangible or intangible) of any such Person (including its Equity Interests)Collateral, whether now owned or hereafter acquired, except for the following (collectively, the “Permitted Encumbrances”):except:

Appears in 1 contract

Samples: Master Loan and Security Agreement (Ion Geophysical Corp)

Creation of Liens. Each Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon any property of Borrower’s property, assets or assets of any kind (real or personal, tangible or intangible) of any such Person (including its Equity Interests)Collateral, whether now owned or hereafter acquired, except for the following (collectively, the “Permitted Encumbrances”):except:

Appears in 1 contract

Samples: Master Loan and Security Agreement (Ion Geophysical Corp)

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