Common use of Liens securing Purchase Clause in Contracts

Liens securing Purchase. Money Indebtedness incurred in the ordinary course of business; provided, however, that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company or any Restricted Subsidiary of the Company other than the property and equipment so acquired and (b) the Lien securing such Purchase Money Indebtedness shall be created within 120 days of such acquisition;

Appears in 2 contracts

Samples: Indenture (Davis-Standard CORP), Indenture (Davis-Standard CORP)

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Liens securing Purchase. Money Indebtedness incurred in of the ordinary course of businessCompany or any Subsidiary; provided, however, that (ai) such the Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment assets of the Company or any Restricted Subsidiary of the Company other than the property and equipment assets so acquired and (bii) the Lien securing such Purchase Money Indebtedness shall be created within 120 90 days of such acquisition;

Appears in 2 contracts

Samples: Acme Television LLC, Acme Intermediate Holdings LLC

Liens securing Purchase. Money Indebtedness incurred of the Company or any Subsidiary of the Company acquired in the ordinary course of business; provided, however, that (aA) such the Purchase Money Indebtedness shall -------- ------- not exceed the purchase price or other cost of such property or equipment assets and shall not be secured by any property or equipment assets of the Company or any Restricted Subsidiary of the Company other than the property and equipment assets so acquired and (bB) the Lien securing such Purchase Money Indebtedness shall be created within 120 90 days of such acquisition;

Appears in 1 contract

Samples: Leslies Poolmart Inc

Liens securing Purchase. Money Indebtedness incurred or in the ordinary course of business; provided, however, that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company or any Restricted Subsidiary of the Company other than the property and equipment so acquired or constructed and (b) the Lien securing such Purchase Money Indebtedness shall be created within 120 90 days of such acquisitionacquisition or construction;

Appears in 1 contract

Samples: Nacg Finance LLC

Liens securing Purchase. Money Indebtedness incurred or in the ordinary course of business; provided, however, that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company Issuer or any Restricted Subsidiary of the Company Issuer other than the property and equipment so acquired and (b) the Lien securing such Purchase Money Indebtedness shall be created within 120 90 days of such acquisition;

Appears in 1 contract

Samples: Covenants (Readers Digest Association Inc)

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Liens securing Purchase. Money Indebtedness incurred in the ordinary course of business; provided, however, that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company or any Restricted Subsidiary of the Company other than the property and equipment so acquired and (b) the Lien securing such Purchase Money Indebtedness shall be created within 120 90 days of such acquisition;

Appears in 1 contract

Samples: Crum & Forster Holdings Corp

Liens securing Purchase. Money Indebtedness incurred or in the ordinary course of business; provided, however, that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company or any Restricted Subsidiary of the Company other than the property and equipment so acquired and (b) the Lien securing such Purchase Money Indebtedness shall be created within 120 90 days of such acquisition;

Appears in 1 contract

Samples: Indenture (Mobile Mini Inc)

Liens securing Purchase. Money Indebtedness incurred of the Company or any Subsidiary of the Company acquired in the ordinary course of business; provided, however, that (aA) such the Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment assets and shall not be secured by any property or equipment assets of the Company or any Restricted Subsidiary of the Company other than the property and equipment assets so acquired and (bB) the Lien securing such Purchase Money Indebtedness shall be created within 120 90 days of such acquisition;

Appears in 1 contract

Samples: Indenture (Leslies Poolmart Inc)

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