Common use of Other Financing Statements and Liens Clause in Contracts

Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for the pledges and security interests in favor of the Administrative Agent for the benefit of the Lenders created pursuant hereto or provided for herein, which pledges and security interests constitute a first priority perfected pledge and security interest in and to all of the Pledged Collateral.

Appears in 2 contracts

Samples: Security Agreement (Edison Mission Energy), Security Agreement (Edison Mission Energy)

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Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for the pledges and security interests in favor of the Administrative Agent Collateral Trustee for the benefit of the Lenders Secured Parties created pursuant hereto or provided for herein, which pledges and security interests constitute a first priority and second priority perfected pledge pledges and security interest interests in and to all of the Pledged CollateralCollateral as provided in Section 3.

Appears in 2 contracts

Samples: Interests Pledge Agreement (Midwest Generation LLC), Pledge Agreement (Midwest Generation LLC)

Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for (i) Permitted Liens and (ii) the pledges and security interests in favor of the Administrative Agent Collateral Trustee for the benefit of the Lenders Secured Parties created pursuant hereto or provided for herein, which pledges and security interests constitute a first priority and second priority perfected pledge pledges and security interest interests in and to all of the Pledged CollateralCollateral as provided in Section 3.

Appears in 1 contract

Samples: Severability   15 Security Agreement (Midwest Generation LLC)

Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for the pledges and security interests in favor of the Administrative Agent Collateral Trustee for the benefit of the Lenders Secured Parties created pursuant hereto or provided for herein, which pledges and security interests constitute a first priority and second perfected pledge pledges and security interest interests in and to all of the Pledged CollateralCollateral as provided in Section 3.

Appears in 1 contract

Samples: Security Agreement (Midwest Generation LLC)

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Other Financing Statements and Liens. (a1) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Holdings Pledged Collateral at any time, except for the pledges pledge and security interests interest in favor of the Administrative Holdings Collateral Agent for the benefit of the Lenders Secured Parties created pursuant hereto or provided for herein, which pledges pledge and security interests interest constitute a first priority perfected pledge and security interest in and to all of the such Holdings Pledged Collateral.

Appears in 1 contract

Samples: Intercreditor Agreement (Midwest Generation LLC)

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