Common use of Negative pledge and no Clause in Contracts

Negative pledge and no. disposals Neither Borrower shall without the prior written consent of the 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 Neither The Borrower shall not without the prior written consent of the Agent Lender 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 Neither The Borrower shall not without the prior written consent of the Agent create nor permit to subsist any Encumbrance or other third party rights (other than a Permitted Encumbrance) or other third party rights 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 Neither Borrower shall without the prior written consent of the 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 Neither Borrower shall without the prior written consent of the Agent Lender create nor permit to subsist any Encumbrance or other third party rights (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, unless permitted under this Agreement.

Negative pledge and no. disposals Neither The Borrower shall procure that no Collateral Owner shall, without the prior written consent of the Agent Agent, create nor permit to subsist any Encumbrance or other third party rights (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 Neither Borrower shall without the prior written consent of the Agent create nor permit to subsist any Encumbrance or other third party rights (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 Neither No Borrower shall without the prior written consent of the 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 undertakingundertaking unless incurred in the normal course of business.