Common use of Permitted Liens; Financing Statements Clause in Contracts

Permitted Liens; Financing Statements. (a) No Credit Party will create, incur or suffer to exist any Lien on any of its assets, now owned or hereafter acquired; excluding, however, from the operation of the foregoing, the following (each a “Permitted Lien”; collectively, “Permitted Liens”):

Appears in 2 contracts

Samples: Loan and Security Agreement (Workstream Inc), Loan and Security Agreement (Workstream Inc)

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Permitted Liens; Financing Statements. (a) No Credit Party The Loan Parties will not create, incur or suffer to exist any Lien on upon or of any of its assets, now owned or hereafter acquired, to secure any indebtedness; excluding, however, from the operation of the foregoing, the following (each a "Permitted Lien"; collectively, "Permitted Liens"):

Appears in 1 contract

Samples: Credit and Security Agreement (Ronson Corp)

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Permitted Liens; Financing Statements. (a) No Credit Party will The Loan Parties shall not create, incur or suffer to exist any Lien on upon or of any of its assets, now owned or hereafter acquired, to secure any Indebtedness; excluding, however, from the operation of the foregoing, the following (each a “Permitted Lien”; collectively, “Permitted Liens”):

Appears in 1 contract

Samples: Credit and Security Agreement (Gaia, Inc)

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