Common use of Restriction on Liens Clause in Contracts

Restriction on Liens. Neither the Borrower nor any Loan Party is a party to any material agreement or arrangement (other than as permitted by Section 9.15), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Sundance Energy Inc.), Credit Agreement (Sundance Energy Australia LTD), Credit Agreement (Sundance Energy Australia LTD)

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Restriction on Liens. Neither the Borrower nor any Loan Party Parties is a party to any material agreement or arrangement (other than as Capital Leases creating Liens permitted by Section 9.159.03(c), but then only on the Property subject of such Capital Lease), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Emerald Oil, Inc.), Credit Agreement (Emerald Oil, Inc.)

Restriction on Liens. Neither Other than the Revolving Loan Documents, the Prepetition Term Loan Documents or the DIP Orders, neither the Borrower nor any Loan Party is a party to any material agreement or arrangement (other than as permitted by Section 9.15), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Sundance Energy Inc.), Restructuring Support Agreement (Sundance Energy Inc.)

Restriction on Liens. Neither the Borrower nor any Loan Party is a party to any material agreement or arrangement (other than as Capital Leases creating Liens permitted by Section 9.159.03(c), but then only on the Property subject of such Capital Lease), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Primeenergy Resources Corp), Credit Agreement (Primeenergy Corp)

Restriction on Liens. Neither Other than the Revolving Loan Documents, neither the Borrower nor any Loan Party is a party to any material agreement or arrangement (other than as permitted by Section 9.15), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Sundance Energy Inc.), Term Loan Credit Agreement (Sundance Energy Australia LTD)

Restriction on Liens. Neither the Borrower nor any other Loan Party is a party to any material agreement or arrangement (other than as Capital Leases and other contracts creating Liens permitted by Section 9.159.03(d), but then only on the Property subject to such Liens), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Energy Partners LTD)

Restriction on Liens. Neither the Borrower nor any Loan Party is a party to any material agreement or arrangement (other than as permitted by Section 9.15), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.. ​ [Credit Agreement] ​ ​

Appears in 1 contract

Samples: Credit Agreement (Sundance Energy Inc.)

Restriction on Liens. Neither the Borrower nor any other Loan Party is a party to any material agreement or arrangement (other than as such agreements or arrangements permitted by Section 9.159.16), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Epl Oil & Gas, Inc.)

Restriction on Liens. Neither the Borrower nor any of the other Loan Party Parties is a party to any material agreement or arrangement (other than as permitted by Section 9.15the Second Lien Term Loan Documents and the Prepetition Loan Documents), or other than as a result of the Chapter 11 Cases, subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 1 contract

Samples: Dip Credit Agreement

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Restriction on Liens. Neither After giving effect to the Confirmation Order and the Plan of Reorganization, neither the Borrower nor any Loan Party is a party to any material agreement or arrangement (other than as permitted by Section 9.15), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Sundance Energy Inc.)

Restriction on Liens. Neither the Borrower nor any other Loan Party is a party to any material agreement or arrangement (other than as Capital Leases creating Liens permitted by Section 9.159.03(c), but then only on the Property subject of such Capital Lease), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

Restriction on Liens. Neither the Borrower nor any Loan Party is a party to any material agreement or arrangement (other than as Purchase Money Security Interests and Capital Leases creating Liens permitted by Section 9.159.03(c), but then only on the Property subject of such Purchase Money Security Interests or Capital Lease), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Rosehill Resources Inc.)

Restriction on Liens. Neither the Borrower nor any Loan Credit Party is a party to any material agreement or arrangement (other than as permitted by Section 9.15), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders Lender on or in respect of their Properties to secure the Secured Obligations and the Loan Financing Documents.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Sable Offshore Corp.)

Restriction on Liens. Neither the Borrower nor any other Loan Party is a party to any material agreement or arrangement (other than as Debt creating Liens permitted by Section 9.159.03(c), but then only on the Property securing such Debt), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Secured Obligations and the Loan Documents.writ

Appears in 1 contract

Samples: Credit Agreement (Berry Corp (Bry))

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