Restriction on Liens. The Borrower will not create, incur, assume or permit to exist any Lien on any property or assets now owned or hereafter acquired by it or on any income or rights in respect of any thereof, except Permitted Liens.
Appears in 9 contracts
Samples: Warehouse Loan Agreement (Trinity Industries Inc), Term Loan Agreement (Trinity Industries Inc), Loan Agreement (Trinity Industries Inc)
Restriction on Liens. The Borrower will not not, nor will it permit any of its subsidiaries to, create, incurassume, assume incur or permit suffer to exist any Lien on any property or assets asset of any kind, real or personal, tangible or intangible, now owned or hereafter acquired by it or on assign or subordinate any income present or rights in respect of any thereof, except Permitted Liens.future right to receive assets except:
Appears in 6 contracts
Samples: Loan Agreement (Pharmaceutical Product Development Inc), Loan Agreement (Pharmaceutical Product Development Inc), Loan Agreement (Pharmaceutical Product Development Inc)
Restriction on Liens. The Borrower will not at any time create, incur, assume or permit suffer to exist any Lien on any property or assets asset now owned or hereafter acquired by it or on assign or subordinate any income present or rights in respect of any thereof, except Permitted Liens.future right to receive assets except:
Appears in 6 contracts
Samples: Loan and Security Agreement (Widepoint Corp), Second Lien Term Loan Agreement (Summer Energy Holdings Inc), Loan and Security Agreement (Versar Inc)
Restriction on Liens. The Borrower will not create, incur, assume or permit to exist any Lien on mortgage, pledge, encumbrance or other lien or levy or security interest in any property of Borrower’s real or assets personal property, including cash, whether now owned or hereafter acquired by it or on any income or rights in respect of any thereofacquired, except Permitted Liens.except:
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Restriction on Liens. The Borrower will not create, incur, assume or permit to exist any Lien on any property or assets now owned or hereafter 110 acquired by it or on any income or rights in respect of any thereof, except Permitted Liens.
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Restriction on Liens. The Borrower will not create, incur, assume or permit to exist any Lien on mortgage, pledge, encumbrance or other lien or levy or security interest in any property of Borrower’s real or assets personal property, including case, whether now owned or hereafter acquired by it or on any income or rights in respect of any thereofacquired, except Permitted Liens.except:
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Restriction on Liens. The Borrower will not create, incur, assume or permit to exist any Lien on any property or assets now owned or hereafter acquired by it or on any income or rights in respect of any thereof, except Permitted Liens.. SECTION 7.03
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