Common use of Liens; Negative Pledges Clause in Contracts

Liens; Negative Pledges. The Company will not, and will not permit any of its Subsidiaries to, (i) create, incur, assume or suffer to exist any Lien upon or with respect to any of its properties, revenues or assets, whether now owned or hereafter acquired, other than Permitted Liens, and (ii) enter into any agreement prohibiting the creation or assumption of any Lien upon any of its properties, revenues or assets, whether now owned or hereafter acquired.

Appears in 5 contracts

Samples: Bridge Loan Agreement (Aksys LTD), Loan Agreement (Durus Life Sciences Master Fund LTD), Loan Agreement (Aksys LTD)

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Liens; Negative Pledges. The Company will shall not, and will shall not permit any of its Subsidiaries to, (i) create, incur, assume or suffer to exist any Lien upon or with respect to any of its properties, revenues or assets, whether now owned or hereafter acquired, other than Permitted Liens, and (ii) enter into any agreement prohibiting the creation or assumption of any Lien upon any of its properties, revenues or assets, whether now owned or hereafter acquired. SF:145015.1 38.

Appears in 1 contract

Samples: Credit Agreement (National Semiconductor Corp)

Liens; Negative Pledges. (i) The Company will not, and will not permit any of its Subsidiaries to, (i) create, incur, assume or suffer to exist any Lien upon or with respect to any of its properties, revenues or assets, whether now owned or hereafter acquired, other than Permitted Liens, and . (ii) The Company will not, and will not permit any of its Subsidiaries to, enter into any agreement (other than under this Agreement and the other Loan Documents) prohibiting the creation or assumption of any Lien upon any of its properties, revenues or assets, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Loan Agreement (Harvest Capital Credit Corp)

Liens; Negative Pledges. (a) The Company will shall not, and will shall not permit any of its Subsidiaries to, (i) create, incur, assume or suffer to exist any Lien upon or with respect to any of its properties, revenues or assets, whether now owned or hereafter acquired, other than Permitted Liens, and (ii) enter into any agreement prohibiting the creation or assumption of any Lien upon any of its properties, revenues or assets, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Note Purchase Agreement (Chalone Wine Group LTD)

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Liens; Negative Pledges. (i) The Company will not, and will not permit any of its Subsidiaries to, (i) create, incur, ----------------------- assume or suffer to exist any Lien upon or with respect to any of its properties, revenues or assets, whether now owned or hereafter acquired, other than Permitted Liens, and . (ii) The Company will not enter into any agreement (other than this Agreement or any other Loan Document) prohibiting the creation or assumption of any Lien upon any of its properties, revenues or assets, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Argyros George L)

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