Negative Pledges, Etc. No Company will enter into any agreement, amendment or arrangement (excluding this Agreement or any other Loan Document) prohibiting or restricting (a) it from amending or otherwise modifying this Agreement or any other Loan Document, (b) the creation or assumption of any Encumbrances upon its properties, revenues or assets, whether now owned or hereafter acquired, or (c) the ability of any Subsidiary to make any payment or distribution, directly or indirectly, to the Parent.
Appears in 2 contracts
Sources: Credit Agreement (Star Buffet Inc), Credit Agreement (Jerrys Famous Deli Inc)
Negative Pledges, Etc. No Company will enter Enter into any agreement, amendment or arrangement agreement (excluding this Agreement or any other Loan Transaction Document) prohibiting or restricting (a) it any Company from amending or otherwise modifying this Agreement or any other Loan Transaction Document, or (b) the creation or assumption of any Encumbrances lien upon its the properties, revenues or assetsassets of any Company, whether now owned or hereafter acquired, or (c) the ability of any Subsidiary to make any payment or distribution, directly or indirectly, to the Parent.
Appears in 2 contracts
Sources: Credit Agreement (Pegasus Communications Corp), Credit Agreement (Pegasus Communications Corp)