Common use of No Security or Guarantees Clause in Contracts

No Security or Guarantees. (a) No Security (or agreement to create the same) exists on or over its or any of its Subsidiaries’ assets, other than Permitted Security (or an agreement to create the same). (b) Neither it nor any of its Subsidiaries has granted or agreed to grant any guarantee, other than a Permitted Guarantee.

Appears in 3 contracts

Samples: Facilities Agreement (Octel Corp), Amendment and Restatement Agreement (Octel Corp), Facilities Agreement (Innospec Inc.)

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No Security or Guarantees. (a) No Security (or agreement to create the same) exists on or over its or any of its Subsidiaries' assets, other than Permitted Security (or an agreement to create the same). (b) Neither it nor any of its Subsidiaries has granted or agreed to grant any guarantee, other than a Permitted Guarantee.

Appears in 1 contract

Samples: Facilities Agreement (Octel Corp)

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