Common use of No Encumbrances created Clause in Contracts

No Encumbrances created. The execution of the Finance Documents by the Obligors and the exercise of each of their respective rights and the performance of each of their respective obligations under the Finance Documents will not result in the creation of, or any obligation to create, any Encumbrance over or in respect of any of their assets (other than pursuant to the Finance Documents).

Appears in 7 contracts

Samples: Multicurrency Revolving Credit Facility Agreement (Pra Group Inc), Multicurrency Revolving Credit Facility Agreement (Pra Group Inc), Multicurrency Revolving Credit Agreement (Pra Group Inc)

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No Encumbrances created. The execution of the Finance Financing Documents by the Obligors each Obligor and the exercise of each of their respective rights and the performance of each of their respective obligations under the Finance Financing Documents will not result in the creation of, or any obligation to create, any Encumbrance over or in respect of any of their assets (other than pursuant to the Finance Documents)assets.

Appears in 1 contract

Samples: Credit Agreement (Aon Corp)

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