Common use of Negative Pledges Clause in Contracts

Negative Pledges. The Borrower is not a party to or bound by any indenture, contract or other instrument or agreement which prohibits the creation, incurrence or sufferance to exist of any Lien upon any of the Collateral.

Appears in 5 contracts

Samples: Credit Agreement (Tortoise Gas & Oil Corp), Credit Agreement (Tortoise Capital Resources Corp), Credit Agreement (Tortoise North American Energy Corp)

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Negative Pledges. The Borrower is not a party to or bound by any indenture, contract or other instrument or agreement which prohibits the creation, incurrence or sufferance to exist of any Lien mortgage, pledge, lien, security interest or other encumbrance upon any of the CollateralCollateral in favor of Lender.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Blackhawk Biofuels, LLC), Loan Agreement (Renewable Energy Group, Inc.)

Negative Pledges. The Neither Borrower nor any of its Subsidiaries is not a party to or bound by any agreement, indenture, contract or other instrument or agreement which prohibits the creation, incurrence incidence or sufferance allowance to exist of any Lien mortgage, deed of trust, pledge, lien, security interest or other encumbrance or conveyance upon any of the CollateralBorrower's property.

Appears in 2 contracts

Samples: Revolving Credit Loan and Security Agreement (Hallwood Group Inc), Revolving Credit Loan and Security Agreement (Hallwood Group Inc)

Negative Pledges. The Except for the Credit Documents, no Borrower or Guarantor is not a party to or bound by any indenture, contract or other instrument or agreement which prohibits the creation, incurrence or sufferance to exist of any Lien upon any of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (MGP Ingredients Inc)

Negative Pledges. The No Borrower is not a party to or bound by any indenture, contract or other instrument or agreement which prohibits the creation, incurrence or sufferance to exist of any Lien upon any of the CollateralCollateral in favor of the Bank.

Appears in 1 contract

Samples: Credit Agreement (Liquidmetal Technologies Inc)

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Negative Pledges. The No Borrower is not a party to or bound by any indenture, contract or other instrument or agreement which prohibits the creation, incurrence creation or sufferance to exist existence of any Lien upon or assignment or conveyance of any of the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Synergetics Usa Inc)

Negative Pledges. The No Borrower is not a party to or bound by any ---------------- indenture, contract or other instrument or agreement which prohibits the creation, incurrence or sufferance to exist of any Lien mortgage, pledge, lien, security interest or other encumbrance upon any of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Zoltek Companies Inc)

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