Common use of Restriction on Liens Clause in Contracts

Restriction on Liens. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of any kind (real or personal, tangible or intangible) of the Borrower or any such Restricted Subsidiary (including, without limitation, their Voting Stock), except:

Appears in 15 contracts

Samples: Revolving Credit Agreement (LG&E & KU Energy LLC), Revolving Credit Agreement (PPL Energy Supply LLC), Credit Agreement (PPL Energy Supply LLC)

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Restriction on Liens. The Borrower will not, nor and will it not permit any of its Restricted Consolidated Subsidiaries to, create, incur, assume or suffer to exist be created, assumed or incurred or to exist, any Lien upon or with respect to any of their property or assets of any kind (real assets, whether now owned or personal, tangible or intangible) of the Borrower or any such Restricted Subsidiary (including, without limitation, their Voting Stock), excepthereafter acquired other than:

Appears in 3 contracts

Samples: Credit Agreement (Kirby Corp), Credit Agreement (Kirby Corp), Credit Agreement (Kirby Corp)

Restriction on Liens. The Borrower will not, nor and will it not cause or permit any of its Restricted Subsidiaries Subsidiary to, incur, create, incurassume, assume become or be liable in any way, or suffer to exist any Lien upon mortgage, pledge, lien, charge, or with respect to any property or assets other encumbrance of any kind (real nature whatsoever on any of its assets, now or personalhereafter owned, tangible or intangible) of the Borrower or any such Restricted Subsidiary (including, without limitation, their Voting Stock), except:other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Worthington Industries Inc), Revolving Credit Agreement (Worthington Industries Inc)

Restriction on Liens. The Borrower will not, nor will it -------------------- permit any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of any kind (real or personal, tangible or intangible) of the Borrower or any such Restricted Subsidiary (including, without limitation, their Voting Stock), except:

Appears in 2 contracts

Samples: Credit Agreement (PPL Corp), Day Credit Agreement (PPL Corp)

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Restriction on Liens. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of any kind (real or personal, tangible or intangible) of the Borrower or any such Restricted Subsidiary (including, without limitation, their Voting Stock), except:

Appears in 2 contracts

Samples: 000 Credit Agreement (PPL Electric Utilities Corp), 000 Credit Agreement (PPL Electric Utilities Corp)

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