Encumbrance of Assets. Not cause any Encumbrance of any kind other than Permitted Encumbrances to be placed upon any of the Purchased Assets or other assets of Seller, exclusive of liens arising as a matter of law in the ordinary course of business as to which there is no known default;
Encumbrance of Assets. Borrower will not, and will not permit a Subsidiary to, mortgage, pledge, grant or permit to exist a security interest in or Lien upon any of the Collateral, now owned or hereafter acquired except for the Permitted Liens.
Encumbrance of Assets. The Borrower shall not mortgage, pledge, grant or permit to exist a security interest in or lien upon any of its assets of any kind, whether now owned or hereafter acquired.
Encumbrance of Assets. Not cause any Encumbrance of any kind other than Permitted Encumbrances to be placed upon any of the assets of GFL, exclusive of liens arising as a matter of law in the ordinary course of business as to which there is no known default;
Encumbrance of Assets. Refrain from mortgaging, pledging or subjecting to any mortgage, pledge, lien, charge or other encumbrance any of the Assets other than in the ordinary course.
Encumbrance of Assets. Debtor shall not create, incur, assume, or permit to exist any Lien on any asset now owned or hereafter acquired by Debtor, except for Liens to Agent and Permitted Liens or as otherwise provided by SECTION 5.2(c).
Encumbrance of Assets. Baldxxx xxxl not, and will not permit a Subsidiary other than KAC to, mortgage, pledge, grant or permit to exist a security interest in or Lien upon any of the Collateral, now owned or hereafter acquired except for the Permitted Liens.
Encumbrance of Assets. Create, assume or suffer to --------------------- exist any deed of trust, mortgage or encumbrance, lien (including a lien of attachment, judgment or execution) or security interest (including the interest of a conditional seller of goods), securing a charge or obligation, in or on any of its property, real or personal, whether now owned or hereafter acquired, except for Permitted Liens.
Encumbrance of Assets. CORD shall not mortgage, pledge or encumber any of its properties or assets.
Encumbrance of Assets. No encumbrance on any of the properties or assets of the Company or its Subsidiaries shall be made other than (i) pursuant to an existing contract, or (ii) by operation of law.
