Common use of Existence of Liens Clause in Contracts

Existence of Liens. So long as the Notes remain outstanding, the Company shall not, and the Company shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company or any of its Subsidiaries other than Permitted Liens and Liens permitted by the Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (Sirva Inc), Security Agreement (Sirva Inc)

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Existence of Liens. So long as the Notes remain this Note is outstanding, the Company shall not, and the Company shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts accounts, intellectual property and contract rights) owned by the Company or any of its Subsidiaries (collectively, “Liens”) other than Permitted Liens and Liens permitted by the Credit AgreementLiens.

Appears in 2 contracts

Samples: Note Purchase Agreement (Response Biomedical Corp), Note Purchase Agreement (Response Biomedical Corp)

Existence of Liens. So long as the Notes remain this Note is outstanding, the Company shall not, and the Company shall not permit any of its Subsidiaries subsidiaries to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company or any of its Subsidiaries subsidiaries (collectively, “Liens”) other than Permitted Liens and Liens permitted by the Credit AgreementLiens.

Appears in 2 contracts

Samples: Exchange Agreement (Altimmune, Inc.), Exchange Agreement (Altimmune, Inc.)

Existence of Liens. So long as the Notes remain outstandingare Outstanding, the Company shall not, and the Company shall not permit any of its Subsidiaries Guarantor to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company Company, or any of its Subsidiaries Guarantor, (collectively, “Liens”) other than Permitted Liens and Liens permitted by the Credit AgreementLiens.

Appears in 1 contract

Samples: Indenture (FP Technology, Inc.)

Existence of Liens. So long as the Notes remain outstandingare Outstanding, the Company shall not, and the Company shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company or any of its Subsidiaries (collectively, "Liens") other than Permitted Liens and Liens permitted by the Credit AgreementLiens.

Appears in 1 contract

Samples: Indenture (AFG Enterprises USA, Inc.)

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Existence of Liens. So Prior to a Full Collateralization Event, so long as the Notes remain this Note is outstanding, the Company shall not, and the Company shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company or any of its Subsidiaries (collectively, "Liens") other than Permitted Liens and Liens permitted by the Credit AgreementLiens.

Appears in 1 contract

Samples: Agreement of Merger and Plan of Reorganization (Eon Communications Corp)

Existence of Liens. So long as the Notes remain outstanding, this Convertible Note is outstanding the Company shall not, and the Company shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company or any of its Subsidiaries (collectively, “Liens”) other than Permitted Liens and Liens permitted by the Credit AgreementLiens.

Appears in 1 contract

Samples: Secured Convertible Note (WorldSpace, Inc)

Existence of Liens. So long as the Notes remain this Note is outstanding, the Company shall not, and the Company shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company or any of its Subsidiaries (collectively, "LIENS") other than Permitted Liens and Liens permitted by the Credit AgreementLiens.

Appears in 1 contract

Samples: Senior Secured Convertible Note (Inksure Technologies Inc.)

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