NO RESTRICTIONS ON LIABILITIES. The Borrower shall not enter into or directly or indirectly become subject to any agreement which prohibits or restricts, in any manner, the Borrower’s:
(a) Creation of, and granting of Collateral Interests in favor of the Agent.
NO RESTRICTIONS ON LIABILITIES. No Loan Party shall enter into or directly or indirectly become subject to any agreement which prohibits or restricts, in any manner, any Loan Party’s:
(a) Creation of, and granting of Collateral Interests in favor of the Collateral Agent.
NO RESTRICTIONS ON LIABILITIES. No Borrower shall enter into or become subject to, directly or indirectly, any agreement prohibiting or restricting (other than with respect to Permitted Encumbrances), in any manner (including, without limitation, by way of covenant, representation, or event of default) any of the following:
(a) The granting of Collateral Interests in favor of the Collateral Agent and the Lenders on any asset of any Borrower; or
(b) The incurrence of any of the Liabilities.
NO RESTRICTIONS ON LIABILITIES. No Obligor shall enter into or become subject to, directly or indirectly, any agreement (other than the Indenture Agreement, as in effect as of the date hereof and without giving effect to any subsequent amendment, modification, replacement or substitution thereof) prohibiting or restricting (other than with respect to Permitted Encumbrances), in any manner (including, without limitation, by way of covenant, representation, or event of default) any of the following:
(a) The granting of Collateral Interests in favor of the Term Agent on any asset of any Obligor; or
(b) The incurrence of any of the Liabilities.
NO RESTRICTIONS ON LIABILITIES. The Borrower shall not enter into or become subject to, directly or indirectly, any agreement prohibiting or restricting (other than with respect to Permitted Encumbrances and customary non-assignment provisions (i) as to the assets leased in any Lease governing a Leasehold Interest or (ii) in any licenses, joint venture agreements, or any other contracts), in any manner (including, without limitation, by way of covenant, representation, or event of default) the granting of Collateral Interests in favor of the Agent on any asset of the Borrower and the incurrence of any of the Liabilities.
NO RESTRICTIONS ON LIABILITIES. Except for agreements in existence on the Original Closing Date as disclosed in Schedule 4.7, no Credit Party shall enter into or directly or indirectly become subject to any agreement which prohibits or restricts, in any manner, any Credit Party's:
(a) creation of, and granting of Collateral Interests in favor of the Administrative Agent; and
NO RESTRICTIONS ON LIABILITIES. No Borrower shall enter into or permit any Affiliate or Subsidiary to become subject to any Agreement which prohibits or restricts, in any manner, that Borrower's or that Borrower's Subsidiaries': (a) Creation of, and granting of Collateral Interests in favor of the Agent (other than in documentation which evidences Indebtedness secured solely by a purchase money security interest in Equipment otherwise permitted by this Agreement). (b)
NO RESTRICTIONS ON LIABILITIES. Except as disclosed in EXHIBIT 4-7, no Borrower shall enter into or directly or indirectly become subject to any agreement which prohibits or restricts, in any manner, any Borrower's:
(a) Creation of, and granting of Collateral Interests in favor of the Administrative Agent.
NO RESTRICTIONS ON LIABILITIES. None of the Obligors shall enter into or become subject to, directly or indirectly, any agreement prohibiting or restricting in any manner (including, without limitation, by way of covenant, representation or event of default)
(i) the incurrence, creation or assumption of the Liabilities or any Encumbrances on any property of any Obligor, except in the case of customary transfer restrictions in Related Entities owned 50% or less by any Obligor, or (ii) the granting of a security interest, pledge or encumbrance in favor of the Agent and the Lenders on any asset of any Obligor.
NO RESTRICTIONS ON LIABILITIES. 65 4.28 Skate Direct........................................................... 65 4.29
