Liens securing Debt Sample Clauses

Liens securing Debt owing by any Subsidiary of the Borrower to the Borrower or to another Subsidiary of the Borrower;

Liens securing Debt. Create, incur, assume or permit to exist, or permit any Subsidiary to create, incur, assume or permit to exist, any Lien on any property or asset now owned or hereafter acquired by it securing Debt unless, after giving effect thereto, the sum of (without duplication) (i) all Debt secured by all such Liens, (ii) the principal amount of all Debt of Subsidiaries that are not Subsidiary Guarantors permitted by Section 6.01(c) and (iii) all Attributable Debt in respect of Sale and Leaseback Transactions (other than Sale and Leaseback Transactions entered into at the time the property subject thereto is acquired or within 90 days thereafter) permitted by Section 6.03 does not at any time exceed the greater of $180,000,000 or 15% of Consolidated Net Tangible Assets. For the purpose of this Section 6.02, Treasury Stock to the extent constituting Margin Stock shall be deemed not to be an asset of the Company and its Subsidiaries.

Liens securing Debt owing by a subsidiary to the Guarantor or to one or more of its subsidiaries;

Liens securing Debt. (a) AGFI will not issue, assume or guarantee any Debt secured by a mortgage, security interest, pledge or lien (referred to in this Section 8.04(a) as “mortgage” or “mortgages”) of or upon (i) any common stock of any of its Subsidiaries that is directly owned by AGFI or (ii) any Property of AGFI where any such mortgage is in favor of AGFC, whether such Property is owned at the date of this Agreement or hereafter acquired, without making effective provision whereby the Loans and other obligations of AGFI hereunder (together with, if AGFI shall so determine, any other Debt issued, assumed or guaranteed by AGFI and then existing or thereafter created) shall be secured by such mortgage equally and ratably with (or, at the option of AGFI, prior to) such Debt, so long as such Debt shall be so secured. (b) AGFC will not issue, assume or guarantee any Debt secured by a mortgage, security interest, pledge or lien (referred to in this Section 8.04(b) as “mortgage” or “mortgages”) of or upon any Property of AGFC whether such Property is owned at the date of this Agreement or hereafter acquired, without making effective provision whereby the Loans and other obligations of AGFC hereunder (together with, if AGFC shall so determine, any other Debt issued, assumed or guaranteed by AGFC and then existing or thereafter created) shall be secured by such mortgage equally and ratably with (or, at the option of AGFC, prior to) such Debt, so long as such Debt shall be so secured; provided that this Section 8.04(b) shall not prevent, and the foregoing covenants shall not apply to, any of the following: (i) mortgages of or upon any Property acquired, constructed or improved by, or of or upon any shares of capital stock or Debt acquired by, AGFC after the date of this Agreement (A) to secure the payment of all or any part of the purchase price of such Property, shares of capital stock or Debt upon the acquisition thereof by AGFC, or (B) to secure any Debt issued, assumed or guaranteed by AGFC prior to, at the time of, or within 360 days after (i) in the case of Property, the later of the acquisition, completion of construction (including any improvements on existing Property) or commencement of commercial operation of such Property or (ii) in the case of shares of capital stock or Debt, the acquisition of such shares of capital stock or Debt, which Debt is issued, assumed or guaranteed for the purpose of financing or refinancing all or any part of the purchase price of such Propert...

Liens securing Debt. 31 SECTION 6.03. Sale and Leaseback Transactions............................ 31 SECTION 6.04. Merger, Consolidation, Etc................................. 31 SECTION 6.05. Change in Business......................................... 32 SECTION 6.06.

Liens securing Debt owing by Borrower to any third party, if the existence of such Debt does not violate this Agreement; provided that no such Lien (except any Lien for the benefit of Lenders) shall cover or affect any of the Borrowing Base Properties.

Liens securing Debt of the Borrower or any Subsidiary, including Capitalized Leases, used to finance the acquisition of fixed assets of the Borrower or such Subsidiary, the construction of additional buildings or the expansion otherwise of their respective facilities, provided that such Debt (a) does not exceed the cost to the Borrower or such Subsidiary of the assets acquired with the proceeds of such Debt, (b) in the case of new construction or expansion of existing facilities, is either a construction or permanent loan secured by the facilities constructed and the real property on which such facilities are located, and (c) in the case of other asset financing, is incurred within twelve months following the date of the acquisition, provided that any such Lien does not encumber any property other than the assets acquired with the proceeds of such Debt;

Liens securing Debt owing by any Subsidiary to the Borrower; (g) any Lien arising out of the refinancing, extension, renewal or refunding of any Debt secured by any Lien permitted by any of the foregoing paragraphs of this Section, provided that (i) such Debt is not secured by any additional assets, and (ii) the amount of such Debt secured by any such Lien is not increased; (

Liens securing Debt of a Subsidiary of the Borrower to the Borrower or to another Subsidiary and Liens securing Debt of the Borrower to any Subsidiary of the Borrower to the extent such Debt is permitted to exist hereunder;

Liens securing Debt owing by any Subsidiary of the Borrower to the Borrower or to another Subsidiary of the Borrower; (iv) Liens on any property or assets of the Borrower or any of its Subsidiaries in favor of the United States of America or any State thereof, or any department, agency or instrumentality or political subdivision of the United States of America or any State thereof, or in favor of any other country, or any political subdivision thereof, to secure partial, progress, advance or other payments pursuant to any contract or statute or to secure any Debt incurred or guaranteed for the purpose of financing all or any part of the purchase price (or, in the case of real property, the cost of construction) of the property or assets subject to such Liens (including, but not limited to, Liens incurred in connection with pollution control, industrial revenue or similar financing);