Common use of Limitation on Mortgages, Liens and Encumbrances Clause in Contracts

Limitation on Mortgages, Liens and Encumbrances. Borrower shall not at any time create, assume, incur or permit to exist, any mortgage, Lien or other encumbrance in respect of any of its Property, income or revenues of any character, whether heretofore or hereafter acquired by it; excluding, however, from the operation of the foregoing provisions of this Section 8.7 (each a “Permitted Lien”):

Appears in 1 contract

Samples: Credit Agreement (AtriCure, Inc.)

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Limitation on Mortgages, Liens and Encumbrances. No Borrower shall not at any time create, assume, incur or permit to exist, any mortgage, Lien or other encumbrance in respect of any of its Property, assets, income or revenues of any character, whether heretofore or hereafter acquired by it; excluding, however, from the operation of the foregoing provisions of this Section 8.7 (each a "Permitted Lien"):

Appears in 1 contract

Samples: Credit Agreement (Clearview Cinema Group Inc)

Limitation on Mortgages, Liens and Encumbrances. Borrower shall not at any time create, assume, incur or permit to exist, any mortgage, Lien or other encumbrance in respect of any of its Property, assets, income or revenues of any charactercharacter (including, without limitation, its real property), whether heretofore or hereafter acquired by it; excluding, however, from the operation of the foregoing provisions of this Section 8.7 (each a "Permitted Lien"):

Appears in 1 contract

Samples: Loan and Security Agreement (New Energy Co of Indiana LTD Partnership)

Limitation on Mortgages, Liens and Encumbrances. Borrower shall not at any time create, assume, incur or permit to exist, any mortgage, Lien or other encumbrance in respect of any of its Property, assets, income or revenues of any character, whether heretofore or hereafter acquired by it; excluding, however, from the operation of the foregoing provisions of this Section 8.7 (each a "Permitted Lien"):

Appears in 1 contract

Samples: Credit Agreement (Greenmarine Acquisition Corp)

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Limitation on Mortgages, Liens and Encumbrances. Borrower shall not, and shall not allow any of its Subsidiaries to, at any time create, assume, incur or permit to exist, any mortgage, Lien or other encumbrance in respect of any of its their respective Property, assets, income or revenues of any character, whether heretofore or hereafter acquired by it; excluding, however, from the operation of the foregoing provisions of this Section 8.7 (each a "Permitted Lien"):

Appears in 1 contract

Samples: Credit Agreement (Clearview Cinema Group Inc)

Limitation on Mortgages, Liens and Encumbrances. No Borrower shall not at any time create, assume, incur or permit to exist, any mortgage, Lien or other encumbrance in respect of any of its Property, assets, income or revenues of any character, whether heretofore or hereafter acquired by it; excludingEXCLUDING, howeverHOWEVER, from the operation of the foregoing provisions of this Section 8.7 (each a "Permitted Lien"):

Appears in 1 contract

Samples: Credit Agreement (Clearview Cinema Group Inc)

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