Common use of Liens; Negative Pledges Clause in Contracts

Liens; Negative Pledges. (i) The Borrower shall not, and shall not permit any of its Subsidiaries to, 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.

Appears in 3 contracts

Samples: Credit Agreement (Chalone Wine Group LTD), Credit Agreement (California Microwave Inc), Credit Agreement (Chalone Wine Group LTD)

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Liens; Negative Pledges. (i) The None of the Borrower shall not, and shall not permit any of or its Subsidiaries to, shall create, incur, assume or suffer permit to exist any Lien upon on or with respect to any Property of the Borrower or its propertiesSubsidiaries, revenues or assets, in either case whether now owned or hereafter acquired, other than Permitted Liens.except for the following ("PERMITTED LIENS"):

Appears in 2 contracts

Samples: Loan Agreement (Macquarie Infrastructure CO Trust), Loan Agreement (Macquarie Infrastructure CO LLC)

Liens; Negative Pledges. (i) The Borrower shall will not, and shall will not permit any of its Subsidiaries to, 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.

Appears in 1 contract

Samples: Credit Agreement (Watkins Johnson Co)

Liens; Negative Pledges. (i) The None of the Borrower shall not, and shall not permit any of or its Subsidiaries to, shall create, incur, assume or suffer permit to exist any Lien upon on or with respect to any Property of the Borrower or its propertiesSubsidiaries, revenues or assets, in either case whether now owned or hereafter acquired, other than except for the following (β€œPermitted Liens.”):

Appears in 1 contract

Samples: Loan Agreement (Macquarie Infrastructure CO LLC)

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Liens; Negative Pledges. (i) The Borrower shall not, and shall not permit any of its Subsidiaries to, create, assume, incur, assume or suffer to exist any Lien upon or with respect to on any of its properties, revenues real or assets, personal property whether now owned or hereafter acquired, or assign any right to receive its income, except for Permitted Encumbrances. Further, Borrower shall not, and shall not permit any of its Subsidiaries to, agree with any other than Person (directly or indirectly), in connection with Permitted Debt or otherwise, that it will not create, assume, incur, assume, or suffer to exist any Liens.

Appears in 1 contract

Samples: Credit Agreement (Eagle Usa Airfreight Inc)

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