Common use of Negative Pledge Clause in Contracts

Negative Pledge. The Borrower will not create or permit to subsist any Encumbrance on the whole or any part of its present or future assets, except for the following:

Negative Pledge. The Borrower will not, and will not create or permit to subsist any Encumbrance on the whole or any part of its present Subsidiaries to, create, incur, assume or future assetssuffer to exist any Lien on any of its assets or property now owned or hereafter acquired, except for the followingexcept:

Negative Pledge. The Borrower will not, and will not create or permit to subsist any Encumbrance on the whole or any part of its present Subsidiaries to, create, incur, assume or future assetssuffer to exist any Lien on any of its assets or property now owned or hereafter acquired (including without limitation in the case of the Borrower, except for the followingcapital stock of any Financial Institution Subsidiary), except:

Negative Pledge. The Borrower will not, and will not create or permit to subsist any Encumbrance on the whole or any part of its present Restricted Subsidiaries to, create, incur, assume or future assetssuffer to exist any Lien on any of its assets or property now owned or hereafter acquired or, except for the followingexcept:

Negative Pledge. The Borrower will not create or permit to subsist any Encumbrance Security Interest on the whole or any part of its present or future assets, except for the following:

Negative Pledge. The Borrower will shall not create create, or permit to subsist subsist, any Encumbrance on (other than pursuant to the whole Security Documents) over all or any part of its present shareholding in the Target (or future assets, except for in assets owned by the following:Target or any Subsidiaries of the Target) other than a Permitted Encumbrance.

Negative Pledge. The Borrower will not, and will not create permit any of its Material Subsidiaries to, directly or permit indirectly, create, incur, assume or suffer to subsist exist any Encumbrance on the whole Lien upon or with respect to any part of its present or future assetsProperty, except for the followingexcept:

Negative Pledge. The Borrower will shall not create or permit to subsist any Encumbrance on the whole or over any part of its present or future assets, except for the following:assets other than Permitted Encumbrances;

Negative Pledge. The Borrower will not shall not, nor shall it permit any of its Subsidiaries to, create or nor permit to subsist any Encumbrance (other than a Permitted Encumbrance) on the whole or any part of its the present or future assets, except for assets of the following:Borrower or its Subsidiaries.

Negative Pledge. The Borrower will not create or permit to subsist any Encumbrance on the whole or any part of its or the Owners’ present or future assets, except for the following:

Negative Pledge. The Borrower will shall not create create, grant, extend or permit to subsist any Encumbrance on the whole encumbrance over all or any part of its present or future assets, except for the following:revenues or assets other than a Permitted Security Interest.