Common use of Limitation on Other Restrictions on Liens Clause in Contracts

Limitation on Other Restrictions on Liens. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into, become or remain subject to any agreement or instrument, except the Loan Documents and the Junior Loan Documents (as defined in the Pequot Subordination Agreement), that would prohibit the grant of any Lien upon any of its properties.

Limitation on Other Restrictions on Liens. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into, become or remain subject to any agreement or instrument, except the Loan Documents and the Junior Loan Documents (as defined in the Pequot Subordination Agreement)Documents, that would prohibit the grant of any Lien upon any of its properties.