Common use of No Liens or Negative Pledges Clause in Contracts

No Liens or Negative Pledges. Neither the Pledged Interests nor any asset owned by the issuer of such Pledged Interest nor any direct or indirect interest of Borrower in such issuer shall be subject to any Lien (other than Permitted Liens of the types described in clauses (a)(x) and (i) of the definition thereof) or Negative Pledge, other than Negative Pledges permitted pursuant to Section 9.2.(b)(iii) and Section 9.2.(b)(iv).

Appears in 5 contracts

Samples: Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust)

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No Liens or Negative Pledges. Neither the Pledged Interests nor any asset owned by the issuer of such Pledged Interest nor any direct or indirect interest of Borrower in such issuer shall be subject to any Lien (other than Permitted Liens of the types described in clauses (a)(x) and (i) of the definition thereof) or Negative Pledge, other than Negative Pledges permitted pursuant to Section 9.2.(b)(iii) and Section 9.2.(b)(iv).

Appears in 1 contract

Samples: Credit Agreement (Service Properties Trust)

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No Liens or Negative Pledges. Neither the Pledged Interests nor any asset owned by the issuer of such Pledged Interest nor any direct or indirect interest of Borrower Parent in such issuer shall be subject to any Lien (other than Permitted Liens permitted to be incurred on such property not in violation of the types described in clauses (a)(x) and (i) of the definition thereofSection 9.2(a)) or Negative Pledge, Pledge (other than Negative Pledges permitted pursuant to exist not in violation of Section 9.2.(b)(iii) and Section 9.2.(b)(iv9.2(b)).

Appears in 1 contract

Samples: Credit Agreement (Office Properties Income Trust)

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