Common use of Limitation on Liens Securing Indebtedness Clause in Contracts

Limitation on Liens Securing Indebtedness. The Company will not, nor will the Company permit any of its Restricted Subsidiaries to create, assume or suffer to exist any Lien to secure Indebtedness on any property or assets now owned or hereafter acquired by the Company or any of its Restricted Subsidiaries except for Permitted Liens.

Appears in 3 contracts

Samples: Indenture (Getaround, Inc), Convertible Note Subscription Agreement (InterPrivate II Acquisition Corp.), Indenture (Vertical Aerospace Ltd.)

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Limitation on Liens Securing Indebtedness. The Company will shall not, nor will the Company and shall not permit any of its Restricted Subsidiaries to to, directly or indirectly, create, assume Incur or suffer to exist any Lien to secure Indebtedness on (other than Permitted Liens) upon any of its property or assets now (including Capital Stock of Subsidiaries of the Company), whether owned on the date of this Indenture or hereafter acquired by the Company or after that date, which Lien is securing any of its Restricted Subsidiaries except for Permitted LiensIndebtedness.

Appears in 2 contracts

Samples: Intercreditor Agreement (National CineMedia, LLC), Intercreditor Agreement (National CineMedia, LLC)

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