Common use of No Existing Debt/Liens Clause in Contracts

No Existing Debt/Liens. Administrative Agent shall have received a certification from Borrowers that (a) neither the Collateral (including the applicable Approved Financing), nor the Applicable Borrower Subsidiary being financed, is subject to any Liens other than Permitted Liens, and (b) neither Borrowers nor such Applicable Borrower Subsidiary has any Debt other than Permitted Debt.

Appears in 4 contracts

Samples: Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

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No Existing Debt/Liens. Administrative Agent shall have received a certification from Borrowers that (a) neither the Collateral (including the applicable Approved Financing), nor the Applicable Borrower Subsidiary being financed, is subject to any Liens other than Permitted Liens, and (b) neither Borrowers nor such Applicable no Borrower Subsidiary has any Debt other than Permitted Debt.

Appears in 2 contracts

Samples: Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

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