Common use of No Prohibited Liens Clause in Contracts

No Prohibited Liens. Except for Permitted Liens, the Borrower shall not create, incur, assume or permit to exist any Lien on any property or asset now owned or hereafter acquired by it or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof.

Appears in 3 contracts

Samples: Tifia Loan Agreement, Tifia Loan Agreement, Direct Agreement

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No Prohibited Liens. Except for Permitted Liens, the Borrower shall not create, incur, assume or permit to exist any Lien on any property the Net Revenues, the Utility, the Project, the Gross Revenues, the properties or asset now owned assets in relation to the Project, or hereafter acquired by it or assign or sell any income or revenues (including accounts receivable) or the Borrower’s respective rights in respect any of any thereofthe foregoing.

Appears in 2 contracts

Samples: Wifia Credit Agreement, Wifia Credit Agreement

No Prohibited Liens. Except for Permitted Liens, the The Borrower shall will not create, incur, assume or permit to exist any Lien on any property or asset now owned or hereafter acquired by it it, except Permitted Liens, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof.

Appears in 1 contract

Samples: Tifia Loan Agreement

No Prohibited Liens. Except for Permitted Liens, the Borrower shall not create, incur, assume or permit to exist any Lien on any property the Trust Estate, the Pledged Revenues, or asset now owned or hereafter acquired by it or assign or sell any income or revenues (including accounts receivable) or the Borrower’s respective rights in respect of any thereoftherein.

Appears in 1 contract

Samples: Tifia Loan Agreement

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No Prohibited Liens. Except for Permitted Liens, the The Borrower shall not create, incur, assume create or suffer to be created or permit to exist the existence of any Lien on any property or asset Property now owned or hereafter acquired by it or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereofupon the Net Revenues other than Permitted Liens.

Appears in 1 contract

Samples: Wifia Master Agreement

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