Common use of No Other Negative Pledges Clause in Contracts

No Other Negative Pledges. It will not, and will not permit any of the Subsidiaries to, enter into, assume or become subject to any agreement prohibiting or otherwise restricting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, or requiring the grant of any security for such obligation if security is given for some other obligation, except pursuant to (A) the documents executed in connection with any Permitted Receivables Financing (but only to the extent that the related prohibitions against other encumbrances pertain to the applicable transferred assets actually sold, contributed, financed or otherwise conveyed or pledged pursuant to such Permitted Receivables Financing), (B this Amended and Restated Credit Agreement and the other Credit Documents, (C) the Prudential Documents, (D) the Senior Note Indenture and (E) the Bridge Note Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Hercules Inc), Credit Agreement (Hercules Inc)

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No Other Negative Pledges. It will not, and will not permit any of the Material Subsidiaries to, enter into, assume or become subject to any agreement prohibiting or otherwise restricting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, or requiring the grant of any security for such obligation if security is given for some other obligation, except pursuant to (Ax) the documents executed in connection with any Permitted Receivables Financing (but only to the extent that the related prohibitions against other encumbrances pertain to the applicable transferred assets actually sold, contributed, financed or otherwise conveyed or pledged pursuant to such Permitted Receivables Financing), (B y) this Amended and Restated Credit Agreement and the other Credit Documents, and (Cz) the Prudential Documents, (D) the Senior Note Indenture and (E) the Bridge Note Agreement.

Appears in 1 contract

Samples: Credit Agreement (Hercules Inc)

No Other Negative Pledges. It will not, and will not permit any of the Subsidiaries to, enter into, assume or become subject to any agreement prohibiting or otherwise restricting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, or requiring the grant of any security for such obligation if security is given for some other obligation, except pursuant to (A) the documents executed in connection with any Permitted Receivables Financing (but only to the extent that the related prohibitions against other encumbrances pertain to the applicable transferred assets actually sold, contributed, financed or otherwise conveyed or pledged pursuant to such Permitted Receivables Financing), (B B) this Amended and Restated Credit Agreement and the other Credit Documents, (C) the Prudential DocumentsCredit Agreement and the other Credit Documents (as defined in the Credit Agreement), (D) the Senior Note Indenture and (E) the Bridge Note Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Athens Holdings Inc)

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No Other Negative Pledges. It will not, and will not permit any of the Subsidiaries to, enter into, assume or become subject to any agreement prohibiting or otherwise restricting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, or requiring the grant of any security for such obligation if security is given for some other obligation, except pursuant to (Ai) the documents executed in connection with any Permitted Receivables Financing (but only to the extent that the related prohibitions against other encumbrances pertain to the applicable transferred assets actually sold, contributed, financed or otherwise conveyed or pledged pursuant to such Permitted Receivables Financing), (B ii) this Amended and Restated Credit Agreement and the other Credit Documents, (Ciii) the Prudential Documents, (D) the Senior High Yield Note Indenture and (Eiv) the Bridge Note AgreementSenior Notes.

Appears in 1 contract

Samples: Credit Agreement (Hercules Inc)

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