Common use of Restriction on Liens Clause in Contracts

Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in any property or asset now owned or hereafter acquired by the Company or any Subsidiary, except Permitted Liens.

Appears in 10 contracts

Samples: Credit Agreement and Assignment and Acceptance Agreement (Oshkosh B Gosh Inc), Corporate Guaranty Agreement (Oshkosh B Gosh Inc), Credit Agreement (Plexus Corp)

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Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in any property or asset assets now owned or hereafter acquired in the future by the Company or any Subsidiaryit, except Permitted Liens.

Appears in 2 contracts

Samples: Revolving and Term Loan Agreement (XPO Logistics, Inc.), Revolving Loan Agreement (Segmentz Inc)

Restriction on Liens. Create Except for Permitted Liens, create or permit to be created or allow to exist any mortgage, pledge, encumbrance encumbrance, or other lien upon or security interest in any property or asset Collateral now owned or hereafter acquired in the future by the Company or any Subsidiary, except Permitted LiensBorrower.

Appears in 2 contracts

Samples: Compensation Agreement (Hightimes Holding Corp.), Compensation Agreement (Origo Acquisition Corp)

Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in Lien on any property or asset now owned or hereafter acquired by the Company or any Restricted Subsidiary, except Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Strattec Security Corp), Credit Agreement (Strattec Security Corp)

Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in Lien on any property or asset now owned or hereafter acquired by the Company or any Subsidiary, except Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Strattec Security Corp), Credit Agreement (Strattec Security Corp)

Restriction on Liens. Create Except for Permitted Liens, create or permit to be created or allow to exist any mortgage, pledge, encumbrance encumbrance, or other lien upon or security interest in any property or asset assets now owned or hereafter acquired in the future by the Company or any Subsidiary, except Permitted LiensBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Transcat Inc)

Restriction on Liens. Create Except for Permitted Liens, create or permit to be created or allow to exist any mortgage, pledge, encumbrance encumbrance, or other lien upon or security interest in any property or asset assets now owned or hereafter acquired in the future by the Company or any Subsidiary, except Permitted LiensBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (American BioCare, Inc.)

Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in any property or asset now owned or hereafter subsequently acquired by the Company or any SubsidiaryBorrower, except Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Geotec Thermal Generators Inc)

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Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in Lien on any property or asset now owned or hereafter acquired by the Company or any SubsidiaryBorrower, except Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (RiverNorth Marketplace Lending Corp)

Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in Lien on any property or asset now owned or hereafter acquired by the Company Borrower or any Subsidiary, except Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Servicesource International, Inc.)

Restriction on Liens. Create Except for Permitted Liens, create or permit to be created or allow to exist any mortgage, pledge, encumbrance encumbrance, or other lien upon or security interest in any property or asset now owned or hereafter acquired by the Company or any Subsidiary, except Permitted LiensCollateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Electronic Cigarettes International Group, Ltd.)

Restriction on Liens. Create Except for Permitted Liens, create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien Lien upon or security interest in on any property or asset assets now owned or hereafter acquired in the future by the Company Borrower or any Subsidiary, except Permitted Liensits Controlled subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Wisekey International Holding S.A.)

Restriction on Liens. Create or permit to be created or allow to exist any mortgage, pledge, encumbrance or other lien upon or security interest in any property or asset now owned or hereafter acquired by the Company or any SubsidiaryBorrower, except Permitted Liens.

Appears in 1 contract

Samples: Term Loan Agreement

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