Common use of Creation of Liens Clause in Contracts

Creation of Liens. Not create, incur or permit to exist any pledge, encumbrance, trust, lien, security interest or charge of any kind on the Collateral, or any portion thereof.

Appears in 6 contracts

Samples: Stock Pledge Agreement (Embassy Bancorp, Inc.), Stock Pledge Agreement (Embassy Bancorp, Inc.), Loan Agreement (First Chester County Corp)

AutoNDA by SimpleDocs

Creation of Liens. Not voluntarily create, incur or permit to exist any mortgage, pledge, encumbrance, trust, lien, security interest or charge of any kind on the Collateral, or any portion thereof, except as contemplated hereby.

Appears in 2 contracts

Samples: Membership Interest Pledge Agreement (X-Factor Communications Holdings, Inc.), Membership Interest Pledge Agreement (X-Factor Communications Holdings, Inc.)

Creation of Liens. Not create, incur or permit to exist any mortgage, pledge, encumbrance, trust, lien, security interest or charge change of any kind on the Collateral, or any portion thereof, except as contemplated hereby.

Appears in 2 contracts

Samples: Securities Pledge Agreement (InfoLogix Inc), Securities Account Pledge Agreement (InfoLogix Inc)

Creation of Liens. Not voluntarily create, incur incur, or permit to exist any mortgage, pledge, encumbrance, trust, lien, security interest interest, or charge of any kind on the Collateral, or any portion thereof, except as contemplated hereby.

Appears in 1 contract

Samples: Stock Pledge Agreement (Adaptive Medias, Inc.)

AutoNDA by SimpleDocs

Creation of Liens. Not create, incur or permit to exist any pledge, encumbrance, trust, lien, security interest or charge of any kind on the Collateral, or any portion thereof, except in favor of Lender.

Appears in 1 contract

Samples: Pledge Agreement (Intest Corp)

Creation of Liens. Not create, incur or permit to exist any mortgage, pledge, encumbrance, trust, lien, security interest or charge of any kind on the Collateral, or any portion thereof, except as contemplated hereby.

Appears in 1 contract

Samples: Stock Pledge Agreement (Ea Industries Inc /Nj/)

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