Common use of Liens on Equity Interests acquired after the Original Effective Date in a Business Clause in Contracts

Liens on Equity Interests acquired after the Original Effective Date in a Business. Entity which has become or becomes a Subsidiary of the Borrower, or on assets of any such Business Entity, to the extent that such Liens existed at the time of such acquisition and were not placed thereon by or with the consent of the Borrower in contemplation of such acquisition;

Appears in 2 contracts

Samples: Credit Agreement (Burlington Resources Inc), Credit Agreement (Burlington Resources Inc)

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Liens on Equity Interests acquired after the Original Effective Date in a Business. Entity which has become or becomes a Subsidiary of the BorrowerParent, or on assets of any such Business Entity, to the extent that such Liens existed at the time of such acquisition and were not placed thereon by or with the consent of the Borrower Parent in contemplation of such acquisition;

Appears in 2 contracts

Samples: Credit Agreement (Burlington Resources Inc), Credit Agreement (Burlington Resources Inc)

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