Common use of Limitation on Negative Pledge Clauses Clause in Contracts

Limitation on Negative Pledge Clauses. Enter into or suffer to ------------------------------------- exist or become effective any agreement which prohibits or limits the ability of the Company or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 3 contracts

Samples: Credit Agreement (Details Capital Corp), Credit Agreement (Details Inc), Credit Agreement (Details Inc)

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Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to ------------------------------------- exist exist, any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or become (b) any industrial revenue bonds, purchase money mortgages or Financing Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective any agreement against the assets financed thereby) which prohibits or limits the ability of the Company Parent, the Borrowers or any of its their Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 3 contracts

Samples: Credit Agreement (Kirklands Inc), Credit Agreement (Kirklands Inc), Credit Agreement (Kirklands Inc)

Limitation on Negative Pledge Clauses. Enter into with any ------------------------------------- Person any agreement, other than (a) this Agreement, (b) the Security Documents and (c) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective any agreement against the assets financed thereby), which prohibits or limits the ability of either of the Company Borrowers or any of its their Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Asi Solutions Inc)

Limitation on Negative Pledge Clauses. Enter into with any Person, ------------------------------------- or suffer to ------------------------------------- exist or become effective exist, any agreement which prohibits or limits the ability of the Company or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquiredagreement, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, case any prohibition or limitation shall only be effective against the assets financed thereby), in any case which prohibits or limits the ability of the Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement, (b) the Permitted Junior Takeout Securities and (c) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective any agreement against the assets financed thereby), which prohibits or limits the ability of the Company Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Diversified Food Group Inc)

Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement, (b) the Indenture relating to the Senior Notes and (c) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective any agreement against the assets financed thereby), which prohibits or limits the ability of the Company Borrower or any of its Restricted Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Adams Outdoor Advertising LTD Partnership)

Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement, (b) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective against the assets securing such Indebtedness) and (c) any secured Indebtedness permitted under subsection 6.2(i), which agreement which prohibits or limits the ability of the Company Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Acquisition Loan Agreement (Infocrossing Inc)

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to ------------------------------------- exist exist, any agreement, other than (a) this Agreement and the other Loan Documents or become (b) any industrial revenue bonds, purchase money mortgages or Financing Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective any agreement against the assets financed thereby) which prohibits or limits the ability of the Company Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Fpa Medical Management Inc)

Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement, (b) the 14% Debentures Purchase Agreement, (c) the Zeros Indenture, (d) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective any agreement against the assets financed thereby) and (e) the Existing Senior Credit Agreement, which prohibits or limits the ability of the Company or any of its Subsidiaries Borrower to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Rcpi Trust /De/)

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Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement, (b) the Loan Documents, (c) the Retex Joint Venture Agreement, and (d) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective any agreement against the assets financed thereby), which prohibits or limits the ability of the Company Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Brown Tom Inc /De)

Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement, (b) the 14% Debentures Purchase Agreement, (c) the Zeros Indenture, and (d) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective any agreement against the assets financed thereby), which prohibits or limits the ability of the Company or any of its Subsidiaries Borrower to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Rockefeller Center Properties Inc)

Limitation on Negative Pledge Clauses. Enter into with any ------------------------------------- Person, or suffer to ------------------------------------- exist or become effective exist, any agreement which prohibits or limits the ability of the Company or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquiredagreement, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, case any prohibition or limitation shall only be effective against the assets financed thereby)) which prohibits or limits the ability of the Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement, (b) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective against the assets securing such Indebtedness) and (c) any agreement secured Indebtedness permitted under subsection 6.2(i), which prohibits or limits the ability of the Company Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Term Loan Agreement (Infocrossing Inc)

Limitation on Negative Pledge Clauses. Enter into with any ------------------------------------- Person any agreement, other than (a) this Agreement, (b) the Indenture relating to the Senior Notes and (c) any industrial revenue bonds, purchase money mortgages or suffer to ------------------------------------- exist Financing Leases permitted by this Agreement (in which cases, any prohibition or become limitation shall only be effective any agreement against the assets financed thereby), which prohibits or limits the ability of the Company Borrower or any of its Restricted Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property property, assets or revenues, whether now owned or hereafter acquired, other than (a) this Agreement and the other Loan Documents and (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Appears in 1 contract

Samples: Credit Agreement (Adams Outdoor Advertising Inc)

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