Common use of No Restriction on Payments to the Agent Clause in Contracts

No Restriction on Payments to the Agent. Except as permitted under the Credit Agreement, the Grantors shall not enter into any Contract that restricts or prohibits the grant of a security interest in Accounts, Chattel Paper, Instruments or payment intangibles or the proceeds of the foregoing to the Agent.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Levi Strauss & Co), Pledge and Security Agreement (Levi Strauss & Co), Second Lien Pledge and Security Agreement (Levi Strauss & Co)

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