Double Negative Pledge. No Borrower nor any Subsidiary of a Borrower shall enter into or suffer to exist any agreement with any Person, other than in connection with this Agreement, which prohibits or limits the ability of the Borrowers or any Subsidiary to create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of any kind (real or personal, tangible or intangible) of the Borrowers or any Subsidiary, whether now owned or hereafter acquired or created.
Double Negative Pledge. Enter into any agreement which prohibits or limits the ability of the Borrower or any Restricted Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired.
Double Negative Pledge. No Loan Party nor any Subsidiary of a Loan Party (other than a Securitization Entity) shall enter into any agreement with any Person, other than in connection with this Agreement, which prohibits or limits the ability of such Loan Party or Subsidiary to create, incur, assume or suffer to exist any Lien in favor of the Agent on behalf of the Banks upon or with respect to any property or assets of any kind, real or personal, tangible or intangible (including, but not limited to, stock or other equity interest) of such Loan Party or Subsidiary, whether now owned or hereafter acquired or created; provided that a Loan Party or a Subsidiary of a Loan Party may enter into such agreement: (i) in connection with any Permitted Additional Indebtedness or the 2017 Note Offering, (ii) which prohibits Liens on the specific property or assets which are subject to any Receivables Financing, (iii) which prohibits Liens on property or assets which are subject to any Purchase Money Security Interests permitted by Section 6.01(f) hereof, or other Liens permitted by Section 6.01(i), 6.01(j) or 6.01(m), (iv) in connection with unsecured Indebtedness of Subsidiaries that are not Loan Parties otherwise permitted hereunder, or (v) in connection with Joint Ventures permitted under Section 6.06(iv).
Double Negative Pledge. Enter into or suffer to exist any agreement with any Person, other than in connection with this Agreement, any Holding Bond Issuances or the Indenture Documents, which prohibits or limits the ability of such Borrower Party to create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of any kind, real or personal, tangible or intangible (including, but not limited to, shares or other equity interests, as the case may be) of such Borrower Party.
Double Negative Pledge. No Loan Party nor any Subsidiary of a Loan Party shall enter into any agreement with any Person, other than in connection with this Agreement, which prohibits or limits the ability of such Loan Party or Subsidiary to create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of any kind, real or personal, tangible or intangible (including, but not limited to, stock or other equity interest) of such Loan Party or Subsidiary, whether now owned or hereafter acquired or created; provided that a Loan Party or a Subsidiary of a Loan Party may enter into such agreement which prohibits Liens on property or assets which are subject to any Purchase Money Security Interests permitted by Section 6.01(f) hereof.
Double Negative Pledge. Other than pursuant to the terms of this Agreement and the Spinnaker Credit Agreement, in no event shall the Borrowers agree with, or become obligated to, or permit or suffer any of their Subsidiaries agreeing or becoming obligated to, any other Person (other than Xxxxxx Xxx and Xxxxxxx Mac) to refrain from granting or creating a Lien on any of their respective assets.
Double Negative Pledge. Other than pursuant to the terms of this Credit Agreement, in no event shall CCG agree with, or become obligated to, any other Person to refrain from granting or creating a Lien on the Capital Stock of CFin Holdings, CMC or CMP.
Double Negative Pledge. A Double Negative Pledge of even date herewith (the “Negative Pledge”) with regards to the following: (i) that investment account currently held at Xxxxxxx Xxxxx, account number 7X6-02028, which serves as collateral pursuant to that Collateralized Bond Surety Program Master Pledge and Security Agreement between Travelers Casualty and Surety Company of America and PrimeSource Mortgage, Inc., a Delaware corporation and wholly-owned subsidiary of the Borrower (“PrimeSource”), and (ii) that deposit account currently held at JPMorgan Chase Bank, N.A., account number 000002952663372, which serves as security for that Letter of Credit Number CTCS-228896 issued by JPMorgan Chase Bank, N.A., for the benefit of North American Specialty Insurance Company and/or Washington International Insurance Company.
Double Negative Pledge. Except as expressly permitted by this Credit Agreement, the Borrowers will not, and will not permit any of their Subsidiaries to enter into any agreement which prohibits or limits the ability of any Borrower to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired.
Double Negative Pledge. Section 10.27 of the Credit Agreement shall be amended by deleting the last sentence thereof.
