Common use of Mortgages, Liens Clause in Contracts

Mortgages, Liens. Except with Purchaser's prior written consent, Seller will not enter into any agreement establishing, and will not otherwise permit, any Encumbrance over the Assets, the Real Estate or the Business, whether now owned or hereafter acquired, except for transactions in the usual and ordinary course of business.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Fossil Inc)

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Mortgages, Liens. Except with Purchaser's prior written consent, Seller will not enter into or assume any agreement establishingmortgage, and will not otherwise permitpledge, conditional sale or other title retention agreement, permit any Encumbrance over lien, encumbrance or claim of any kind to attach to the Assets, the Real Estate or the Business, whether now owned or hereafter acquired, except for transactions in the usual and ordinary course of business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ozo Diversified Automation Inc /Co/)

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Mortgages, Liens. Except with Purchaser's ’s prior written consent, Seller and its Affiliates will not enter into or assume any agreement establishingmortgage, and will not otherwise permitpledge, conditional sale or other title retention agreement, permit any Encumbrance over or claim of any kind to attach to the Assets, the Real Estate or the Business, whether now owned or hereafter acquired, except for transactions in the usual and ordinary course of business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fossil Inc)

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