Common use of Indebtedness; Liens Clause in Contracts

Indebtedness; Liens. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness other than the Obligations. The Borrower shall not create, incur or permit to exist any Lien in or on any of the Collateral subject to the Lien granted by the Borrower pursuant to this Agreement, other than Permitted Liens.

Appears in 11 contracts

Samples: Loan and Servicing Agreement (Carlyle Credit Solutions, Inc.), Loan and Servicing Agreement (Carlyle Credit Solutions, Inc.), Loan and Servicing Agreement (KKR Real Estate Finance Trust Inc.)

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Indebtedness; Liens. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness other than Indebtedness, or Lien on any portion of the Obligations. The Borrower shall not createProperty, incur or permit any such action to exist be taken, except for Permitted Encumbrances and agrees not to amend or modify any Lien in or on any of the Collateral subject to the Lien granted by the Borrower pursuant to this Agreement, other than Permitted LiensEncumbrance without Lender's prior written approval.

Appears in 6 contracts

Samples: Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund IV, LLC)

Indebtedness; Liens. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness for borrowed money other than the Obligations. The Borrower shall not create, incur or permit to exist any Lien in or on any of the Collateral subject to the Lien granted by the Borrower pursuant to this Agreement, other than Permitted Liens.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Business Development Corp of America)

Indebtedness; Liens. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness other than Indebtedness, or Lien on any portion of the Obligations. The Borrower shall not createProperty, incur or permit any such action to exist be taken, except for Permitted Encumbrances and agrees not to amend or modify any Lien in or on any of the Collateral subject to the Lien granted by the Borrower pursuant to this Agreement, other than Permitted LiensEncumbrance without Lender’s prior written approval.

Appears in 1 contract

Samples: Commercial Loan Agreement (Red Oak Capital Fund V, LLC)

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Indebtedness; Liens. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness other than the Obligations. The Borrower shall not create, incur or permit to exist any -66- Lien in or on any of the Collateral subject to the Lien granted by the Borrower pursuant to this Agreement, other than Permitted Liens.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Carlyle Credit Solutions, Inc.)

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