Common use of Negative Pledge Clause in Contracts

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 90 contracts

Samples: Credit Agreement (Clorox Co /De/), Credit Agreement (Clorox Co /De/), Credit Agreement (Clorox Co /De/)

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Negative Pledge. Neither the The Borrower nor will not, and will not permit any Subsidiary will of its Subsidiaries to, create, incur, assume or suffer to exist any Lien on any asset of its assets or property now owned or hereafter acquired by itor, except:

Appears in 65 contracts

Samples: Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit Agreement (Tc Pipelines Lp), Term Loan Credit Agreement (Deltic Timber Corp)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 51 contracts

Samples: Day Bridge Loan Agreement (Marsh & McLennan Companies, Inc.), Term Loan Agreement (Conocophillips), 364 Day Bridge Loan Agreement

Negative Pledge. Neither the The Borrower nor any Subsidiary will not create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 31 contracts

Samples: Term Loan Credit Agreement (Duke Energy Florida, Llc.), Term Loan Credit Agreement (Duke Energy Florida, Llc.), Term Loan Credit Agreement (Duke Energy CORP)

Negative Pledge. Neither the Borrower nor any Restricted Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 20 contracts

Samples: Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary of the Borrower will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 17 contracts

Samples: Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Inc)

Negative Pledge. Neither the The Borrower nor shall not, and shall not permit any Restricted Subsidiary will to, create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by itit (or any income therefrom or any right to receive income therefrom), except:

Appears in 15 contracts

Samples: Abl Credit Agreement (Kindred Healthcare, Inc), Term Loan Credit Agreement (Kindred Healthcare, Inc), Abl Credit Agreement (Kindred Healthcare, Inc)

Negative Pledge. Neither the Company nor the Borrower nor will, and the Company will not permit any Subsidiary will to, create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 12 contracts

Samples: Credit Agreement (Qwest Communications International Inc), Credit Agreement (Us West Inc), Credit Agreement (Us West Inc)

Negative Pledge. Neither the Such Borrower nor any Subsidiary will not create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 11 contracts

Samples: Credit Agreement (Duke Energy Florida, Llc.), Credit Agreement (Piedmont Natural Gas Co Inc), Credit Agreement (Duke Energy Ohio, Inc.)

Negative Pledge. Neither After the Closing Date, neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 9 contracts

Samples: Credit Agreement (Tenet Healthcare Corp), Credit Agreement (Tenet Healthcare Corp), Credit Agreement (Tenet Healthcare Corp)

Negative Pledge. Neither the The Borrower will not, nor will it permit any Subsidiary will to, create, incur, assume or suffer to exist any Lien in, of or on any asset property of the Borrower or any of its Subsidiaries, whether now owned or hereafter acquired by itacquired, except:

Appears in 8 contracts

Samples: Five Year Credit Agreement, Credit Agreement (Gatx Financial Corp), Credit Agreement (Gatx Financial Corp)

Negative Pledge. Neither the The Borrower will not, nor will it permit any Subsidiary will of its Subsidiaries to create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 8 contracts

Samples: Term Loan Agreement (Healthcare Realty Trust Inc), Credit Agreement (Healthcare Realty Trust Inc), Term Loan Agreement (Healthcare Realty Trust Inc)

Negative Pledge. Neither the such Borrower nor any Subsidiary of such Borrower will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 7 contracts

Samples: Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien securing Debt on any asset now owned or hereafter acquired by it, or assign any right to receive income, except:

Appears in 7 contracts

Samples: Assignment and Assumption Agreement (Fluor Corp), Assignment and Assumption (Fluor Corp), Assignment and Assumption (Fluor Corp)

Negative Pledge. Neither the Borrower Guarantor nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 5 contracts

Samples: Parent Guarantee Agreement (Tyco International LTD), Parent Guarantee Agreement (Tyco International LTD /Ber/), Guaranty (Analog Devices Inc)

Negative Pledge. Neither Parent and the Borrower nor will not, and the Borrower will not permit any Restricted Subsidiary will to, create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 5 contracts

Samples: Credit Agreement (Spectra Energy Corp.), Credit Agreement (Spectra Energy Corp.), Credit Agreement (Spectra Energy Corp.)

Negative Pledge. Neither the Borrower nor any Significant Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 5 contracts

Samples: Credit Agreement (Emerson Electric Co), Credit Agreement (Emerson Electric Co), Credit Agreement (Emerson Electric Co)

Negative Pledge. Neither the The Borrower nor will not, and will not permit any Consolidated Subsidiary will to, create, assume or suffer to exist any Lien securing Debt or Derivative Obligations on any asset now owned or hereafter acquired by it, except:

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, exceptexcept for:

Appears in 4 contracts

Samples: Credit Agreement (Interpublic Group of Companies Inc), Credit Agreement (Nymagic Inc), Credit Agreement (Interpublic Group of Companies Inc)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary of the Borrower will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except for Permitted Encumbrances.

Appears in 4 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

Negative Pledge. Neither the Borrower nor any Significant Subsidiary (other than a Real Estate Subsidiary) will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 4 contracts

Samples: Revolving Credit Agreement (Chubb Corp), Credit Agreement (Chubb Corp), Medium Term Credit Agreement (Chubb Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary of its --------------- Subsidiaries will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 3 contracts

Samples: Credit Agreement (Mohawk Industries Inc), Credit Agreement (Dean Witter Discover & Co), Credit Agreement (Mohawk Industries Inc)

Negative Pledge. Neither The Borrower will not, and the Borrower nor will not permit any Restricted Subsidiary will to, create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 3 contracts

Samples: Credit Agreement (Spectra Energy Partners, LP), Credit Agreement (Spectra Energy Partners, LP), Credit Agreement (Spectra Energy Partners, LP)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 3 contracts

Samples: Credit Agreement (Metro-Goldwyn-Mayer Inc), Credit Agreement (Metro-Goldwyn-Mayer Inc), Credit Agreement (Metro-Goldwyn-Mayer Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary of its Subsidiaries will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, exceptexcept the following:

Appears in 3 contracts

Samples: Credit Agreement (Elizabeth Arden Inc), Credit Agreement (Elizabeth Arden Inc), Credit Agreement (Elizabeth Arden Inc)

Negative Pledge. The Borrower will not create, assume or suffer to exist any Lien on any Investment in a Subsidiary now directly owned or hereafter directly acquired by the Borrower, except Liens described in clause (h) below. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any other asset now owned or hereafter acquired by it, it except:

Appears in 3 contracts

Samples: Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien securing Debt on any asset now owned or hereafter acquired by it, exceptexcept for:

Appears in 3 contracts

Samples: Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc), Bridge Credit Agreement (Bemis Co Inc)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (Outback Steakhouse Inc), Credit Agreement (Outback Steakhouse Inc), Credit Agreement (Cadmus Communications Corp/New)

Negative Pledge. Neither None of the Borrower nor Borrower, any Covered Subsidiary or any Significant Subsidiary will create, create or assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 3 contracts

Samples: Short Term Credit Agreement (Park Place Entertainment Corp), Credit Agreement (Caesars Entertainment Inc), Credit Agreement (Park Place Entertainment Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary of its --------------- Subsidiaries will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except for the following.

Appears in 3 contracts

Samples: Credit Agreement (National Data Corp), Credit Agreement (National Data Corp), Credit Agreement (Global Payments Inc)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary of the Borrower will create, assume or suffer to exist any Lien on any asset (including, without limitation, capital stock of Subsidiaries) now owned or hereafter acquired by it, except:

Appears in 3 contracts

Samples: Credit Agreement (Perini Corp), Exchange Agreement (Perini Corp), Bridge Credit Agreement (Perini Corp)

Negative Pledge. Neither None of the Borrower nor Borrower, any Covered Subsidiary or any Significant Subsidiary will create, incur (or permit to incur) or assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 2 contracts

Samples: Credit Agreement (Hilton Hotels Corp), Five Year Credit Agreement (Hilton Hotels Corp)

Negative Pledge. Neither the No Borrower nor will, or will permit any Subsidiary will of its respective Subsidiaries to, create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 2 contracts

Samples: Credit Agreement (Ryerson Inc.), Credit Agreement (Ryerson Tull Inc /De/)

Negative Pledge. Neither the Borrower nor any Restricted --------------- Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:it (other than Permitted Encumbrances).

Appears in 2 contracts

Samples: Credit Agreement (Patina Oil & Gas Corp), Credit Agreement (Patina Oil & Gas Corp)

Negative Pledge. Neither the Borrower Guarantor nor any Subsidiary will create, assume or suffer to exist any Lien on (i) the Leased Property, other than Permitted Liens, and (ii) any other asset now owned or hereafter acquired by it, it except:

Appears in 2 contracts

Samples: Guaranty, Guaranty (Norfolk Southern Corp)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien securing Debt on any asset now owned or hereafter acquired by itany of them, except:

Appears in 2 contracts

Samples: Bridge Loan Agreement (Pentair Inc), Credit Agreement (Pentair Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except as required by this Agreement and except:

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Clorox Co /De/), Credit Agreement (Clorox Co /De/)

Negative Pledge. The Borrower will not create, assume or suffer to exist any Lien on any Investment in a Subsidiary now directly owned or hereafter directly acquired by the Borrower, except Liens created by the Collateral Documents and Liens described in clause (i) below. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any other asset now owned or hereafter acquired by it, it except:

Appears in 2 contracts

Samples: Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp)

Negative Pledge. (a) Neither the Borrower nor any Subsidiary of its Subsidiaries will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 2 contracts

Samples: Credit Agreement (New Beverly Holdings Inc), Credit Agreement (Beverly Enterprises Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien securing Debt on any asset now owned or hereafter acquired by it, except:

Appears in 2 contracts

Samples: Credit Agreement (Sears Roebuck Acceptance Corp), Credit Agreement (Sears Roebuck Acceptance Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist or otherwise allow any Lien Liens to be on or otherwise to affect any asset of its Property whether now owned or hereafter acquired by itacquired, except:except Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Saratoga Resources Inc /Tx), Credit Agreement (Pinnacle Gas Resources, Inc.)

Negative Pledge. Neither the Borrower Tenant nor any Restricted Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 2 contracts

Samples: Master Lease (Carmike Cinemas Inc), Master Lease (Helmstar Group Inc)

Negative Pledge. Neither the any Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 2 contracts

Samples: Credit Agreement (National Service Industries Inc), Credit Agreement (National Service Industries Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset (including Subsidiary stock) now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Carlisle Companies Inc)

Negative Pledge. Neither the Borrower Borrowers nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien securing Debt on any asset now owned or hereafter acquired by itany of them, except:

Appears in 1 contract

Samples: Multi Facility Credit Agreement (Pentair Inc)

Negative Pledge. The Borrower will not create, assume or suffer to exist any Lien on any Investment in a Subsidiary now directly owned or hereafter directly acquired by he Borrower, except Liens described in clause (h) below. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any other asset now owned or hereafter acquired by it, it except:

Appears in 1 contract

Samples: Credit Agreement (Norfolk Southern Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, ; except:: <PAGE>

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Negative Pledge. Neither --------------- the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, exceptexcept for the following:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Policy Management Systems Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary of its Subsidiaries (other than Qualified Joint Ventures) will create, assume or suffer to exist any Lien on any asset (including any capital stock of any Subsidiary) now owned or hereafter acquired by it, exceptexcept Liens created under the Security Documents and the following:

Appears in 1 contract

Samples: Credit Agreement (Pathology Building Partnership)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer allow to exist any Lien on any asset (tangible or intangible) now owned or hereafter acquired by it, except:except Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Synalloy Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on the Mortgaged Properties or any asset other property and assets now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Wainoco Oil Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except for Permitted Encumbrances.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Papers Inc)

Negative Pledge. Neither None of the Borrower nor Borrowers, any Covered Subsidiary or any Significant Subsidiary, will create, incur (or permit to incur) or assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Hilton Hotels Corp)

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Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume shall incur or suffer to exist any Lien on any asset Restricted Asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Shopko Stores Inc)

Negative Pledge. Neither the The Borrower nor any Subsidiary will not create, assume or --------------- suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Duke Energy Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will --------------- create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, exceptexcept for the following:

Appears in 1 contract

Samples: Term Loan Agreement (Policy Management Systems Corp)

Negative Pledge. Neither the Borrower nor any Restricted Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired owned by it, except:

Appears in 1 contract

Samples: Credit Agreement (Central Hudson Gas & Electric Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary (other than a --------------- Foreign Subsidiary) will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Converse Inc)

Negative Pledge. Neither the Borrower nor the Guarantor will, and the Borrower will not permit any Subsidiary will to, create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Qwest Communications International Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary of its Subsidiaries will --------------- create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by itBorrower or such Subsidiary, except:except Permitted Liens. LOAN AGREEMENT - Page 24 --------------

Appears in 1 contract

Samples: Loan Agreement (Nab Asset Corp)

Negative Pledge. Neither the Borrower nor any Significant Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by itit (other than Liens created by the Loan Documents), except:

Appears in 1 contract

Samples: Credit Agreement (Kemet Corporation)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by itany of them, except:

Appears in 1 contract

Samples: Term Loan Agreement (Pentair Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset (including Equity Interests of Subsidiaries) now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Eagle Materials Inc)

Negative Pledge. Neither the Borrower nor any --------------- Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, exceptexcept for:

Appears in 1 contract

Samples: Term Credit Agreement (Mercom Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary of its Subsidiaries (other than Qualified Joint Ventures) will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, exceptexcept Liens created under the Security Documents and the following:

Appears in 1 contract

Samples: Credit Agreement (Corning Clinical Laboratories Inc)

Negative Pledge. Neither the such Borrower nor any Subsidiary --------------- of such Borrower will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Nationwide Financial Services Inc /Oh/)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by itit (including any Liens to guarantee third party obligations), except:

Appears in 1 contract

Samples: Credit Agreement (Loews Cineplex Entertainment Corp)

Negative Pledge. Neither the Borrower Tenant nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Master Lease (Carmike Cinemas Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will (x) sell, assign or otherwise transfer any accounts receivable in connection with any financing transaction or (y) create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Cone Mills Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any other asset now owned or hereafter acquired by it, it except:

Appears in 1 contract

Samples: Credit Agreement (Norfolk Southern Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary --------------- (other than Foreign Subsidiaries) will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except Permitted Liens.

Appears in 1 contract

Samples: Postpetition Credit Agreement (Converse Inc)

Negative Pledge. Neither the No Borrower nor or any Subsidiary of a Borrower will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except for Permitted Encumbrances.

Appears in 1 contract

Samples: Credit Agreement (Source Information Management Co)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except any Lien on Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, including without limitation Liens on cash and cash equivalents securing Derivatives Obligations, except:

Appears in 1 contract

Samples: Credit Agreement (United Asset Management Corp)

Negative Pledge. Neither the Borrower nor any Subsidiary of its Subsidiaries will create, assume or suffer to exist any Lien on any asset Collateral now owned or hereafter acquired by it, except:.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, ; except:

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary of the Borrower will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Johnson Controls International PLC)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset assets now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (First Citizens Bancorporation of South Carolina Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary of its Restricted Subsidiaries will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except for the following.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary of the Borrower will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:except that prior to the occurrence of a Default, the Borrower and Subsidiaries of

Appears in 1 contract

Samples: Credit Agreement (American Capital Strategies LTD)

Negative Pledge. Neither the Borrower nor any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

Negative Pledge. Neither the The Borrower nor will not, and will not permit any Restricted Subsidiary will to, create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Spectra Energy Capital, LLC)

Negative Pledge. Neither the Borrower nor The Borrowers will not and will not permit any Subsidiary to create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it and will not permit any Subsidiary to create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Loan Agreement (Pacific Aerospace & Electronics Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset (including without limitation the stock of any Subsidiary) now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Dean Foods Co)

Negative Pledge. Neither the Borrower nor any Consolidated --------------- Subsidiary will create, assume or suffer to exist any Lien on any asset assets now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Loan Agreement (Firstspartan Financial Corp)

Negative Pledge. Neither the The Borrower will not nor will it permit any Subsidiary will of its Subsidiaries to create, assume or suffer to exist any Lien lien on any asset now owned or hereafter acquired by it, except:

Appears in 1 contract

Samples: Credit Agreement (Healthcare Realty Trust Inc)

Negative Pledge. Neither the Borrower nor any Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, and the Borrower shall not permit any Subsidiary to incur any Debt, except:

Appears in 1 contract

Samples: Day Credit Agreement (Liberty Corp)

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