Existence of Liens. The Corporation shall not, and the Corporation 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 Corporation or any of its Subsidiaries other than (i) the existing pledge of the common stock of AirGATE to secure the Xxxxxxx Note, (ii) pursuant to the Security Agreement and (iii) Permitted Liens (as defined in the Purchase Agreement).
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Samples: Purchase Agreement (Samson Investment CO), Purchase Agreement (Samson Investment CO), Purchase Agreement (X-Change Corp)
Existence of Liens. The Corporation shall not, and the Corporation 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 Corporation or any of its Subsidiaries other than (i) the existing pledge of the common stock of AirGATE to secure the Xxxxxxx Note, Note and (ii) pursuant to the Security Agreement and (iii) Permitted Liens (as defined in the Purchase Agreement).
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Samples: Purchase Agreement (X-Change Corp)
Existence of Liens. The Corporation shall not, and the Corporation shall not permit any cause each of its Subsidiaries toto not, 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 Corporation or any of its Subsidiaries (collectively, “Liens”) other than (i) the existing pledge of the common stock of AirGATE to secure the Xxxxxxx Note, (ii) pursuant to the Security Agreement and (iii) Permitted Liens Encumbrances (as defined in the Restated Securities Purchase Agreement).
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