Common use of No Impairment of the Security Interests Clause in Contracts

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Pari Passu Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Amended Indenture, the Collateral Trust and Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Pari Passu Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Collateral Trust and Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).