Common use of Negative Pledge Clauses Clause in Contracts

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided that the Borrower and any Subsidiary may enter into such an agreement in connection with property acquired with the proceeds of purchase money Indebtedness permitted hereunder;

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided that the Borrower and any Subsidiary may enter into such an agreement in connection with with, and that applies only to, property acquired with the proceeds of purchase money Indebtedness permitted hereunder;.

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, ; provided that any Eligible Lease may contain such a prohibition or limitation so long as the Borrower and prohibition or limitation does not apply to any Subsidiary may enter into such an agreement Lien granted in connection with property acquired with favor of the proceeds of purchase money Indebtedness permitted hereunderAgent or any Lender pursuant to the Loan Documents;

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided that the Borrower and any Subsidiary Guarantor may enter into such an agreement in connection with property acquired with subject to any Lien permitted by this Agreement and not released after the proceeds of purchase money Indebtedness permitted hereunder;date hereof, when such prohibition or limitation is by its terms effective only against the assets subject to such Lien.

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided that the Borrower and any Subsidiary may enter into such an agreement in connection with property acquired with pursuant to Section 8.4(d) so long as such limitation applies only to the proceeds of purchase money Indebtedness permitted hereunder;property acquired.

Negative Pledge Clauses. Enter into or cause, suffer or permit to ----------------------- exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower BREED or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, in favor of the Agent and the Lenders under the Loan Documents; provided that the Borrower BREED and any Subsidiary may enter into such an -------- agreement in connection with with, and limited solely to, property acquired with the proceeds of purchase money Indebtedness permitted hereunder;.

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower BREED or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, in favor of the Agent and the Lenders under the Loan Documents; provided that the Borrower BREED and any Subsidiary may enter into such an agreement in connection with with, and limited solely to, property acquired with the proceeds of purchase money Indebtedness permitted hereunder;

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary Credit Party to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, ; provided that any Eligible Lease may contain such a prohibition or limitation so long as the Borrower and prohibition or limitation does not apply to any Subsidiary may enter into such an agreement Lien granted in connection with property acquired with favor of the proceeds of purchase money Indebtedness permitted hereunderAgent or any Lender pursuant to the Loan Documents;

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Administrative Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided that the Borrower and any Subsidiary may enter into such an agreement in connection with with, and that applies only to, property acquired with the proceeds of purchase money Indebtedness permitted hereunder;hereunder and a Receivables Subsidiary may enter into such an agreement.

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, ; provided that any Eligible Lease or Eligible Carrier Loan Document may contain such a prohibition or limitation so long as the Borrower and prohibition or limitation does not apply to any Subsidiary may enter into such an agreement Lien granted in connection with property acquired with favor of the proceeds of purchase money Indebtedness permitted hereunderAgent or any Lender pursuant to the Loan Documents;

Negative Pledge Clauses. Enter into or cause, suffer or permit to ----------------------- exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents Document which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided provided, that the Borrower and any Subsidiary -------- may enter into such an agreement in connection with applying exclusively to property acquired with the proceeds of purchase money Indebtedness (including Capital Leases) permitted hereunder;.

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower Parent or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided that the Borrower Parent and any Subsidiary may enter into such an agreement in connection with property acquired with the proceeds of purchase money Indebtedness and Capital Leases permitted hereunder;.

Negative Pledge Clauses. Enter into or cause, suffer or permit to exist any agreement with any Person other than the Administrative Agent and the Lenders pursuant to this Agreement or any other Loan Documents which prohibits or limits the ability of any of the Borrower or any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, provided except (i) the Indenture and the other Assumed Debt, and (ii) that the Borrower and any Subsidiary may enter into such an agreement in connection with property acquired with the proceeds of purchase money Indebtedness or any Capital Lease permitted hereunder, when such prohibition or limitation is by its terms effective only against the assets subject to such Lien;