No Negative Pledge. Borrower will not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien on any of its assets, whether now owned or hereafter acquired.
Appears in 5 contracts
Samples: Loan Agreement (United Development Funding Income Fund V), Loan Agreement (United Development Funding IV), Loan Agreement (United Development Funding IV)
No Negative Pledge. Borrower will not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien on any of its assetsProperty, whether now owned or hereafter acquired.
Appears in 3 contracts
Samples: Loan Agreement (Innovative Food Holdings Inc), Loan Agreement (Innovative Food Holdings Inc), Loan Agreement (Innovative Food Holdings Inc)
No Negative Pledge. Borrower will not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien on any of its assets, whether now owned or hereafter acquired.
Appears in 3 contracts
Samples: Credit Agreement (Vertical Capital Income Fund), Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Lighting Science Group Corp)
No Negative Pledge. Borrower has not and will not, and will not permit any other Credit Party to, enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien on any of its assets, whether now owned or hereafter acquired.
Appears in 2 contracts
Samples: Credit Facility Loan Agreement, Credit Facility Loan Agreement (Encore Capital Group Inc)
No Negative Pledge. Borrower will shall not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien on any Collateral or the ability of its assetsBorrower, whether now owned to make any payments, directly or hereafter acquiredindirectly, to Borrower’s members by way of dividends, distributions, advances, repayments of loans, repayments of expenses, accruals, or otherwise.
Appears in 1 contract
No Negative Pledge. Borrower will not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien on any of its assetsthe Collateral, whether now owned or hereafter acquired.
Appears in 1 contract
No Negative Pledge. No Borrower will not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of such Borrower to or from creating or incurring a Lien on any of its assets, whether now owned or hereafter acquired.
Appears in 1 contract
Samples: Loan Agreement (Integrated Performance Systems Inc)
No Negative Pledge. Borrower will shall not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien any lien on any of its assets, whether now owned or hereafter acquired.
Appears in 1 contract
Samples: Construction Loan Agreement (Stratus Properties Inc)
No Negative Pledge. The Borrower will not enter into or permit to exist any arrangement or agreement, other than pursuant to this Agreement or any Loan Document, which directly or indirectly prohibits or limits the ability of Borrower to or from creating or incurring a Lien on any of its assets, whether now owned or hereafter acquired.
Appears in 1 contract
Samples: Loan Agreement (Advanced Environmental Recycling Technologies Inc)
