Common use of Pledges of Receivables Clause in Contracts

Pledges of Receivables. Borrower has not pledged its receivables as collateral security for any other loan or indebtedness.

Appears in 3 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Continental Health Affiliates Inc)

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Pledges of Receivables. The Borrower has not pledged its receivables Accounts as collateral security for any other loan or indebtednessindebtedness other than, if applicable, the Loan.

Appears in 2 contracts

Samples: Loan Agreement (Ensign Group, Inc), Loan Agreement (Alternative Living Services Inc)

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