Common use of Existence of Liens Clause in Contracts

Existence of Liens. Borrower shall not, and Borrower shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any Liens on their property, other than Permitted Liens.

Appears in 2 contracts

Samples: Financing Agreement (Basil Street Cafe, Inc.), Financing Agreement (Basil Street Cafe, Inc.)

AutoNDA by SimpleDocs

Existence of Liens. Borrower shall not, and Borrower shall not permit any of its Subsidiaries Obligor to, directly or indirectly, allow or suffer to exist any Liens on their propertyLiens, other than Permitted Liens.

Appears in 2 contracts

Samples: Note Purchase Agreement (Blue Earth, Inc.), Note and Warrant Purchase Agreement (Blue Earth, Inc.)

AutoNDA by SimpleDocs

Existence of Liens. Borrower shall not, and Borrower shall not permit any of its Subsidiaries to, directly or indirectly, allow or suffer to exist any Liens on their propertyLiens, other than Permitted Liens.

Appears in 1 contract

Samples: Financing Agreement (Wave2Wave Communications, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!