No Negative Pledges. Borrower will not and will not permit any of its Subsidiaries directly or indirectly to enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired.
Appears in 3 contracts
Samples: Credit Agreement (Acorn Products Inc), Credit Agreement (Acorn Products Inc), Credit Agreement (Global Imaging Systems Inc)
No Negative Pledges. Neither Borrower will not and will not permit nor any Subsidiary of its Subsidiaries directly or indirectly to Borrower shall enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired.
Appears in 3 contracts
Samples: Credit Agreement (Spinnaker Industries Inc), Credit Agreement (Krystal Company), Credit Agreement (Lynch Corp)
No Negative Pledges. No Borrower will not and will not permit any of its Subsidiaries directly or indirectly to shall enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired.
Appears in 2 contracts
Samples: Loan and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Loan and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)
No Negative Pledges. Borrower will shall not and will not permit any of its Subsidiaries directly or indirectly to enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon any of its properties or assets, whether now owned or hereafter acquired.
Appears in 2 contracts
Samples: Credit Agreement (Atlas Air Inc), Credit Agreement (Atlas Air Inc)
No Negative Pledges. Neither the Borrower will not and will not permit nor any Subsidiary of its Subsidiaries directly or indirectly to the Borrower shall enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except for such restrictions under the documents and instruments evidencing the Stratford Indebtedness.
Appears in 1 contract
Samples: Credit Agreement (Edutrek Int Inc)
No Negative Pledges. Borrower will shall not and will not permit any of its Subsidiaries directly or indirectly to enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired.
Appears in 1 contract
Samples: Loan and Security Agreement (Digital Realty Trust, Inc.)
No Negative Pledges. No Borrower will not and will not permit nor any Subsidiary of its Subsidiaries directly or indirectly to a Borrower shall enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired.
Appears in 1 contract
Samples: Loan Agreement (North Face Inc)
