Common use of Negative Pledge on Real Estate Clause in Contracts

Negative Pledge on Real Estate. The Borrowers will not, and will not permit any of their Subsidiaries to, enter into or suffer to exist any agreement granting, creating or assuming any Lien upon any of its Real Estate, other than in respect of Permitted Liens.

Appears in 3 contracts

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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Negative Pledge on Real Estate. The Borrowers will not, and will not permit any of their Subsidiaries to, enter into or suffer to exist any agreement granting, creating or assuming any Lien upon any of its Real Estate, other than in respect of Permitted Liens. 7.5.

Appears in 1 contract

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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