Common use of Limitation on Negative Pledge Clauses Clause in Contracts

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or (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 against the assets financed thereby) which prohibits or limits the ability of the Parent, the Borrowers or any of their Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 3 contracts

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

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Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (b) the Indenture relating to the Senior Notes and (c) 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 against the assets financed thereby) ), which prohibits or limits the ability of the Parent, the Borrowers Borrower or any of their its Restricted Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Adams Outdoor Advertising LTD Partnership)

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (b) the Loan Documents, (c) the Retex Joint Venture Agreement, and (d) 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 against the assets financed thereby) ), which prohibits or limits the ability of the Parent, the Borrowers Borrower or any of their its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Brown Tom Inc /De)

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (b) the 14% Debentures Purchase Agreement, (c) the Zeros Indenture, (d) 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 against the assets financed thereby) and (e) the Existing Senior Credit Agreement, which prohibits or limits the ability of the Parent, the Borrowers or any of their Subsidiaries Borrower to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Rcpi Trust /De/)

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (b) the Permitted Junior Takeout Securities and (c) 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 against the assets financed thereby) ), which prohibits or limits the ability of the Parent, the Borrowers Borrower or any of their its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Diversified Food Group Inc)

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (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 against the assets financed therebysecuring such Indebtedness) and (c) any secured Indebtedness permitted under subsection 6.2(i), which prohibits or limits the ability of the Parent, the Borrowers Borrower or any of their its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Term Loan Agreement (Infocrossing Inc)

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, ------------------------------------- Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (b) the Indenture relating to the Senior Notes and (c) 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 against the assets financed thereby) ), which prohibits or limits the ability of the Parent, the Borrowers Borrower or any of their its Restricted Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Adams Outdoor Advertising Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

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Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (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 against the assets financed therebysecuring such Indebtedness) and (c) any secured Indebtedness permitted under subsection 6.2(i), which agreement prohibits or limits the ability of the Parent, the Borrowers Borrower or any of their its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Acquisition Loan Agreement (Infocrossing Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Fpa Medical Management Inc)

Limitation on Negative Pledge Clauses. Enter into with any Person, or suffer to exist, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (b) the 14% Debentures Purchase Agreement, (c) the Zeros Indenture, and (d) 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 against the assets financed thereby) ), which prohibits or limits the ability of the Parent, the Borrowers or any of their Subsidiaries Borrower to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

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, Person any agreement, other than (a) this Agreement and the other Loan Documents and the Purchase Agreement or Agreement, (b) the Indenture and (c) any industrial revenue bonds, purchase money mortgages or mortgages, Financing Leases and other similar fixed asset financings permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby) ), which prohibits or limits the ability of the Parent, the Borrowers Borrower or any of their its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Reebok International LTD)

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