Common use of Creation of Liens Clause in Contracts

Creation of Liens. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly, create or suffer to exist any Lien or transfer upon or against any of its property or assets now owned or hereafter acquired, except Permitted Liens, including Liens disclosed on Schedule 9.02.

Appears in 5 contracts

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

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Creation of Liens. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly, create or suffer to exist any Lien or transfer upon or against any of its property or assets now owned or hereafter acquired, except Permitted Liens, including Liens disclosed on Schedule 9.02Encumbrances.

Appears in 2 contracts

Samples: Security Agreement (Evergreen International Aviation Inc), Security Agreement (Us Home & Garden Inc)

Creation of Liens. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly, create or suffer to exist any Lien or transfer upon or against any of its property or assets now owned or hereafter acquired, except Permitted Liens, including Liens disclosed on Schedule 9.02.. 9.03

Appears in 1 contract

Samples: Securities Purchase Agreement and Security Agreement

Creation of Liens. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly, create or suffer to exist any Lien or transfer upon or against any of its property or assets now owned or hereafter acquired, except Permitted Liens, including Liens disclosed on Schedule 9.02and Liens in favor of the applicable Governmental Authority in respect of the goods relating to the Progress Payments expressly permitted by Section 9.07(h) hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tel Instrument Electronics Corp)

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Creation of Liens. No Credit Note Party shall, and no Credit Note Party shall permit any of its Subsidiaries to, directly or indirectly, create or suffer to exist any Lien or transfer upon or against any of its property or assets now owned or hereafter acquired, except Permitted Liens, including Liens disclosed on Schedule 9.02.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement and Security Agreement (Meridian Waste Solutions, Inc.)

Creation of Liens. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly, create or suffer to exist any Lien or transfer upon or against any of its property or assets now owned or hereafter acquired, except Permitted Liens, including Liens disclosed on Schedule 9.02.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tel Instrument Electronics Corp)

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