Common use of Negative Pledges, Etc Clause in Contracts

Negative Pledges, Etc. Enter into any agreement (excluding this Agreement and the Loan Documents) prohibiting (a) a Borrower from amending or otherwise modifying this Agreement or any other Transaction Document, or (b) the creation or assumption of any Lien upon the properties, revenues or assets of, or the extension of any guaranty by, a Borrower, whether now owned or hereafter acquired.

Appears in 3 contracts

Samples: Credit Agreement (Coconut Palm Acquisition Corp.), Credit Agreement (Coconut Palm Acquisition Corp.), Credit Agreement (Equity Media Holdings CORP)

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Negative Pledges, Etc. Enter into any agreement (excluding other than this Agreement Agreement, any other Loan Document and the Loan DocumentsGE Credit Agreement) prohibiting which (a) a Borrower from amending or otherwise modifying this Agreement or any other Transaction Document, or (b) prohibits the creation or assumption of any Lien upon the propertiesany property or asset of any Loan Party, revenues or assets ofincluding, without limitation, any hereafter acquired property, or (b) specifically prohibits the extension amendment or other modification of this Agreement or any guaranty by, a Borrower, whether now owned or hereafter acquiredother Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Pegasus Investors L P), Credit Agreement (Code Alarm Inc)

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Negative Pledges, Etc. Enter into any agreement (excluding other than this Agreement and the Agreement, any other Loan DocumentsDocument) prohibiting which (a) a Borrower from amending or otherwise modifying this Agreement or any other Transaction Document, or (b) prohibits the creation or assumption of any Lien upon any of the propertiesCollateral, revenues or assets ofincluding, without limitation, any hereafter acquired property, or (b) specifically prohibits the extension amendment or other modification of this Agreement or any guaranty by, a Borrower, whether now owned or hereafter acquiredother Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Airxcel Inc)

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