Pledges of Receivables. Operator has not pledged its ---------------------- receivables as collateral security for any other loan or indebtedness.
Pledges of Receivables. Except to secure the Working Capital Loan, the Borrower has not pledged its Accounts as collateral security for any loan or indebtedness other than the Loan.
Pledges of Receivables. Borrower has not pledged its receivables as collateral security for any other loan or indebtedness.
Pledges of Receivables. Manager has not pledged its receivables as collateral security for any other loan or indebtedness.
Pledges of Receivables. Neither Borrower nor Lessee has pledged its Accounts as collateral security for any loan or Indebtedness other than, if applicable, the Loan.
Pledges of Receivables. With the exception of the pledge of certain Accounts more specifically described in the Intercreditor Agreement, the Borrower has not pledged its Accounts as collateral security for any loan or indebtedness other than the Loan.
Pledges of Receivables. No Borrower Party has pledged its receivables or any Rents as collateral security for any outstanding loan or indebtedness other than the Loan.
Pledges of Receivables. Except as set forth in Schedule 3.16, neither Borrower has pledged its Accounts as collateral security for any loan or Indebtedness other than, as applicable, the Loan and the AR Loan.
Pledges of Receivables. Except for the pledge of the ---------------------- Pledged Receivables in connection with the Receivables Financing, neither Borrower nor the applicable Operator has pledged its receivables as collateral security for any other loan or indebtedness.
Pledges of Receivables. Borrower, each Operator, the Joint Venture and Manager has not pledged its receivables as collateral security for any other loan or indebtedness.
