Common use of Further Liens Clause in Contracts

Further Liens. The Borrower and the Guarantors agree that they will not sell or otherwise dispose of any interest in the Collateral Account or the funds on deposit therein or create or permit to exist any Lien on or with respect to the Collateral Account or the funds on deposit therein except for the security interest created by this Section 11.3.

Appears in 4 contracts

Samples: Credit Agreement (Cti Inc /Tn), Credit Agreement (America Service Group Inc /De), Credit Agreement (Cti Molecular Imaging Inc)

AutoNDA by SimpleDocs

Further Liens. The Borrower and the Guarantors agree that they will not sell or otherwise dispose of any interest in the Collateral Account or the funds on deposit therein or create or permit to exist any Lien on or with respect to the Collateral Account or the funds on deposit therein except for the security interest created by this Section 11.3.

Appears in 2 contracts

Samples: Credit Agreement (Symbion Inc/Tn), Credit Agreement (I Trax Inc)

Further Liens. The Borrower and the Guarantors agree that they will not sell or otherwise dispose of any interest in the Collateral Account or the funds on deposit therein or create or permit to exist any Lien on or with respect to the Collateral Account or the funds on deposit therein except for the security interest created by this Section 11.3.respect

Appears in 1 contract

Samples: Credit Agreement (America Service Group Inc /De)

AutoNDA by SimpleDocs

Further Liens. The Borrower and the Guarantors agree that they will not sell or otherwise dispose of 106 108 any interest in the Collateral Account or the funds on deposit therein or create or permit to exist any Lien on or with respect to the Collateral Account or the funds on deposit therein except for the security interest created by this Section 11.3.

Appears in 1 contract

Samples: Credit Agreement (America Service Group Inc /De)

Time is Money Join Law Insider Premium to draft better contracts faster.