Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including the Collateral. Borrower shall not enter into any agreement with any person other than the Bank that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateral.
Appears in 9 contracts
Samples: Loan and Security Agreement (Document Security Systems Inc), Loan and Security Agreement (Sidoti & Company, Inc.), Loan and Security Agreement (Wireless Xcessories Group Inc)
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including the Collateralassets. Borrower shall not enter into any agreement with any person other than the Bank that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateralassets.
Appears in 8 contracts
Samples: Loan Agreement (Sachem Capital Corp.), Loan Agreement, Loan Agreement (Sono Tek Corp)
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, its respective properties or assets including the Collateral, other than Permitted Liens or such liens as are in favor of Lender. Borrower shall not agree with any person other than Lender to not grant any security interest in, or mortgage of, any of its properties or assets including the Collateral. Borrower shall not enter into any agreement with any person other than the Bank that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateral.
Appears in 4 contracts
Samples: Loan and Security Agreement (Daybreak Oil & Gas, Inc.), Loan and Security Agreement (Daybreak Oil & Gas, Inc.), Loan and Security Agreement (Daybreak Oil & Gas, Inc.)
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including Security Interest in the Collateral. Borrower shall not enter into any agreement with any person other than the Bank Lender that prohibits the Borrower from granting any security interest Security Interest in, or mortgage of, any of its properties or assets including the Collateral.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Natural Alternatives International Inc)
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including the Collateral. Borrower shall not enter into any agreement with any person xxxxxx other than the 11m Bank that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateral.
Appears in 2 contracts
Samples: Loan and Security Agreement (Diversified Restaurant Holdings, Inc.), Loan and Security Agreement (Diversified Restaurant Holdings, Inc.)
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including the Collateral. Borrower shall not enter into any agreement agree with any person other than the Bank that prohibits the Borrower from granting to not grant any security interest in, or mortgage of, any of its properties or assets including the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Photonix Inc)
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including other than pursuant to the CollateralLoan Documents. Borrower shall not enter into any agreement with any person other than the Bank Lender that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateralassets.
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Restriction on Liens. Except for Permitted Liens, Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including the Collateral. Borrower shall not enter into any agreement with any person other than the Bank Lender that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateral.
Appears in 1 contract
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, its respective properties or assets including the Collateral other than Permitted Liens or such liens as are in favor of the Lender. Borrower shall not agree with any person other than the Lender to not grant any security interest in, or mortgage of, any of its properties or assets including the Collateral. Borrower shall not enter into any agreement with any person other than the Bank that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateral.
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Restriction on Liens. Borrower shall not encumber or grant any security interest in, or lien on or in or mortgage of, of any of its properties or assets assets, including without limitation the Collateral, except for Permitted Liens. Borrower shall not enter into any agreement with any person other than the Bank that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateral.
Appears in 1 contract
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including the Collateralassets. Borrower borrower shall not enter into any agreement agree with any person other than the Bank that prohibits the Borrower from granting to not grant any security interest in, or mortgage of, . any of its properties or assets including the Collateral.
Appears in 1 contract
Samples: Loan Agreement (Moixa Iii, Inc.)
Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including (excluding lease financing in the Collateralnormal course of business). Borrower shall not enter into any agreement agree with any person other than the Bank that prohibits the Borrower from granting to not grant any security interest in, or mortgage of, any of its properties or assets including the Collateralassets.
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Restriction on Liens. Borrower shall not grant any security interest in, or mortgage of, any of its properties or assets including assets., except with respect to equipment acquired by it in the Collateral. ordinary usual course of its business Borrower shall not enter into any agreement with any person other than the Bank that prohibits the Borrower from granting any security interest in, or mortgage of, any of its properties or assets including the Collateralassets.
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