ENCUMBRANCE OF COLLATERAL. Borrower shall not create, incur, assume or permit to exist any Lien on any Collateral now owned or hereafter acquired by Borrower except for Liens to Lender and Permitted Liens.
Appears in 6 contracts
Samples: Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (Physician Health Corp)
ENCUMBRANCE OF COLLATERAL. Borrower shall not create, incur, assume or permit to exist any Lien on any Collateral now owned or hereafter acquired by Borrower except for Liens to Lender and Permitted Liens.
Appears in 1 contract
Samples: Loan and Security Agreement (Physician Health Corp)
ENCUMBRANCE OF COLLATERAL. Borrower shall not create, incur, assume or permit to exist any Lien on any the Collateral now owned or hereafter acquired by Borrower Borrower, except for Liens to Lender and Permitted LiensLiens under the terms of this Agreement.
Appears in 1 contract
