Common use of NO RESTRICTIONS ON LIABILITIES Clause in Contracts

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 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, representation or event of default) any of the following: : (a) The granting incurrence, creation or assumption of Collateral Interests the Liabilities or any Encumbrances in favor of the Collateral Agent and the Lenders on any asset property of any Borrower; or (b) The incurrence of any of the Liabilities.

NO RESTRICTIONS ON LIABILITIES. No 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), 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 the Borrower; or (b) The incurrence of any of the Liabilities.

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 Borrowerof the Collateral; or (b) The incurrence of any of the Liabilities.

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, representation or event of default) any of the following: : (a) The granting incurrence, creation or assumption of Collateral Interests the Liabilities or any Encumbrances in favor of the Collateral Agent on any property of any Borrower. (b) The granting of a security interest, pledge, or Encumbrance in favor of the Agent and the Lenders on any asset of any Borrower; or (b) The incurrence of any of the Liabilities.

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 EncumbrancesSubdebt), 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 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, representation or event of default) any of the following: (a) The granting incurrence, creation or assumption of Collateral Interests the Liabilities or any Encumbrances in favor of the Collateral Agent on any property of any Borrower. (b) The granting of a security interest, pledge, or Encumbrance in favor of the Agent and the Lenders on any asset of any Borrower; or (b) The incurrence of any of the Liabilities.

NO RESTRICTIONS ON LIABILITIES. No Borrower shall enter into or directly or indirectly become subject to, directly or indirectly, to any agreement prohibiting which prohibits or restricting (other than with respect to Permitted Encumbrances)restricts, in any manner (includingmanner, without limitation, by way of covenant, representation, or event of default) any of the followingBorrowers': (a) The Creation of, and 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 LiabilitiesAgent.