Common use of No New Liens Clause in Contracts

No New Liens. So long as the Discharge of First Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 21 contracts

Samples: Intercreditor Agreement (Nauticus Robotics, Inc.), Intercreditor Agreement (Ion Geophysical Corp), Revolving Credit Agreement (Neiman Marcus Group LTD LLC)

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No New Liens. So long as the Discharge of First Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 8 contracts

Samples: Intercreditor Agreement (Karyopharm Therapeutics Inc.), Intercreditor Agreement (Karyopharm Therapeutics Inc.), Intercreditor Agreement (Summit Midstream Partners, LP)

No New Liens. So long as the Discharge of First Prior Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other GrantorGrantor (except that any Liens securing DIP Financing shall be governed by Section 7.1 hereof not this Section 2.3), the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 3 contracts

Samples: Intercreditor Agreement (Pioneer Energy Services Corp), Intercreditor Agreement (Key Energy Services Inc), Intercreditor Agreement (Pioneer Energy Services Corp)

No New Liens. So long as the Discharge of First Lien Priority Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 3 contracts

Samples: Intercreditor Agreement (Stonemor Inc.), Intercreditor Agreement (Stonemor Inc.), Intercreditor Agreement (GOOD TECHNOLOGY Corp)

No New Liens. So long as the Discharge of First Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto acknowledge and agree that neither the Company shall not, and shall not permit nor any other Grantor shall, nor shall it permit any of its subsidiaries to:

Appears in 2 contracts

Samples: Intercreditor Agreement (Viasystems Group Inc), Intercreditor Agreement (Viasystems Inc)

No New Liens. So long as the Discharge of First Prior Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 2 contracts

Samples: Intercreditor Agreement (Signature Group Holdings, Inc.), Intercreditor Agreement

No New Liens. So long as the Discharge of First Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Loan Party, no Grantor shall (and the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:):

Appears in 1 contract

Samples: Intercreditor Agreement (Franchise Group, Inc.)

No New Liens. So long as the Discharge of 2024 First Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 1 contract

Samples: Intercreditor Agreement (Nauticus Robotics, Inc.)

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No New Liens. So long as the Discharge of First Priority Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 1 contract

Samples: Collateral Trust Agreement (Leap Wireless International Inc)

No New Liens. So long as the Discharge of First Lien Priority Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto acknowledge and agree that neither the Company shall not, and shall not permit nor any other Grantor shall, nor shall it permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Intercreditor Agreement (Stanadyne Holdings, Inc.)

No New Liens. So long as the Discharge of First Prior Lien Obligations has not occurred, whether or not any occurred and no Insolvency or Liquidation Proceeding has been commenced by or against the Company or any other Grantor, the parties hereto agree that the Company shall not, and shall not permit any other Grantor to:

Appears in 1 contract

Samples: Intercreditor Agreement (Capella Healthcare, Inc.)

No New Liens. So long as the Discharge of First Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the any Company or any other Grantor, the parties hereto agree that the each Company shall not, and shall not permit any other Grantor to:

Appears in 1 contract

Samples: Intercreditor Agreement (Edgen Murray LTD)

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