Common use of Prohibited Liens and Filings Clause in Contracts

Prohibited Liens and Filings. That it will not pledge, mortgage, or otherwise encumber, create, or suffer a security interest to exist in any of the Collateral (other than pursuant to this Security Agreement and Permitted Encumbrances) or sell, assign, or otherwise transfer any of the Collateral to anyone other than the Agent and the Lenders as provided herein, unless otherwise permitted by the Loan Agreement, or file or permit to be filed any financing statement or other security instrument with respect to the Collateral other than in favor of the Agent and the Lenders as provided herein.

Appears in 1 contract

Samples: Revolving Loan Agreement (American Residential Services Inc)

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Prohibited Liens and Filings. That it will not pledge, mortgage, or otherwise encumber, create, or suffer a security interest to exist in any of the Collateral (other than pursuant to this Security Agreement and Permitted Encumbrancesin favor of the Agent) or sell, assign, or otherwise transfer any of the Collateral to anyone other than the Agent and the Lenders as provided herein, unless otherwise permitted by the Loan Agreement, or file or permit to be filed any financing statement or other security instrument with respect to the Collateral other than in favor of the Agent and the Lenders as provided hereinAgent.

Appears in 1 contract

Samples: Security Agreement (Primeenergy Corp)

Prohibited Liens and Filings. That it will not pledge, mortgage, or otherwise encumber, create, or suffer a security interest to exist in any of the Collateral (other than pursuant to this Security Agreement and Permitted Encumbrancesin favor of the Lender) or sell, assign, or otherwise transfer any of the Collateral to anyone other than the Agent and the Lenders as provided herein, unless otherwise permitted by the Loan Agreement, Lender or file or permit to be filed any financing statement or other security instrument with respect to the Collateral other than in favor of the Agent and the Lenders as provided hereinLender.

Appears in 1 contract

Samples: Credit Agreement (Middle Bay Oil Co Inc)

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Prohibited Liens and Filings. That it will not pledge, mortgage, or otherwise encumber, create, or suffer a security interest to exist in any of the Collateral (other than pursuant to this Security Agreement and Permitted Encumbrancesin favor of the Agent) or sell, assign, or otherwise transfer any of the Collateral to anyone other than the Agent and the Lenders as provided herein, unless otherwise permitted by the Loan Agreement, Lender or file or permit to be filed any financing statement or other security instrument with respect to the Collateral other than in favor of the Agent and the Lenders as provided hereinAgent.

Appears in 1 contract

Samples: Security Agreement (Edge Petroleum Corp)

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