Common use of Negative pledge and no Clause in Contracts

Negative pledge and no. disposals The Borrower shall not without the prior written consent of the Lender create nor permit to subsist any Encumbrance or other third party rights over any of its present or future assets or undertaking nor dispose of any those assets or of all or part of that undertaking.

Negative pledge and no. disposals The Neither Borrower shall not without the prior written consent of the Lender Agent create nor permit to subsist any Encumbrance (other than a Permitted Encumbrance) or other third party rights over any of its present or future assets or undertaking nor dispose of any of those assets or of all or part of that undertaking.

Negative pledge and no. disposals The Borrower shall not without the prior written consent of the Lender Agent create nor permit to subsist any Encumbrance or other third party rights (other than a Permitted Encumbrance) over any of its present or future assets or undertaking (inclusive of the Vessel) nor dispose of any of those assets or of all or part of that undertaking, unless incurred in the normal course of business.

Negative pledge and no. disposals The Neither Borrower shall not without the prior written consent of the Lender create nor permit to subsist any Encumbrance or other third party rights (other than a Permitted Encumbrance) over any of its present or future assets or undertaking nor dispose of any of those assets or of all or part of that undertaking, unless permitted under this Agreement.

Negative pledge and no. disposals The Borrower shall not procure that no Collateral Owner shall, without the prior written consent of the Lender Agent, create nor permit to subsist any Encumbrance or other third party rights (other than a Permitted Encumbrance) over any of its present or future assets or undertaking nor dispose of any of those assets or of all or part of that undertaking.

Negative pledge and no. disposals The Neither Borrower shall not without the prior written consent of the Lender Agent create nor permit to subsist any Encumbrance or other third party rights (other than a Permitted Encumbrance) over any of its present or future assets or undertaking nor dispose of any of those assets or of all or part of that undertaking.

Negative pledge and no. disposals The Borrower shall not without the prior written consent of the Lender create nor permit to subsist any Encumbrance or other third party rights over any of its present or future assets or undertaking nor dispose of any those assets or of all or part of that undertaking.

Negative pledge and no. disposals The No Borrower shall not without the prior written consent of the Lender Agent create nor permit to subsist any Encumbrance or other third party rights over any of its present or future assets or undertaking nor dispose of any of those assets or of all or part of that undertakingundertaking unless incurred in the normal course of business.

Negative pledge and no. disposals The Neither Borrower shall not without the prior written consent of the Lender Agent create nor permit to subsist any Encumbrance or other third party rights over any of its present or future assets or undertaking nor dispose of any those assets or of all or part of that undertaking.