Common use of Restrictions on Liens and Encumbrances Clause in Contracts

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 14 contracts

Samples: Credit Agreement (Readers Digest Association Inc), Mortgage, Security Agreement (Metavante Technologies, Inc.), Lease Purchase Agreement (Bush Industries Inc)

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Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted under the Credit Agreement or this Mortgage, Mortgagor shall not not, without the prior written consent of Mortgagee, further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 7 contracts

Samples: Credit Agreement (Sprague Resources LP), Credit Agreement (Delek US Holdings, Inc.), Credit Agreement (Sprague Resources LP)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsExceptions and except as otherwise permitted pursuant to the terms of the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 7 contracts

Samples: Mortgage, Security Agreement (Dayton Power & Light Co), Mortgage, Security Agreement (Dayton Power & Light Co), Mortgage, Security Agreement (Hertz Corp)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 6 contracts

Samples: Credit Agreement (Paperweight Development Corp), Credit Agreement (MacDermid Group Inc.), Credit Agreement (Doane Pet Care Co)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage Mortgage, and except as expressly permitted under the Permitted ExceptionsCredit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 5 contracts

Samples: Guarantee and Collateral Agreement (American Buildings Co /De/), American Buildings Co /De/, American Buildings Co /De/

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsExceptions and except as otherwise permitted pursuant to the terms of the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 4 contracts

Samples: Mortgage (Day International Group Inc), Day International Group Inc, Day International Group Inc

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 3 contracts

Samples: Harland Financial Solutions, Inc., Harland Financial Solutions, Inc., Harland Financial Solutions, Inc.

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsExceptions and except as otherwise permitted pursuant to the terms of the Senior Secured Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 3 contracts

Samples: Security Agreement (Ev International Inc), Ev International Inc, Ev International Inc

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted by the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 2 contracts

Samples: Credit Agreement (Supervalu Inc), Intercreditor Agreement (Supervalu Inc)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsExceptions and except as otherwise permitted pursuant to the 13 15 terms of the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 2 contracts

Samples: Telex Communications Inc, Telex Communications Inc

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and Permitted Liens, the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 2 contracts

Samples: Mortgage, Security Agreement (Empire Resorts Inc), Mortgage, Security Agreement (Empire Resorts Inc)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as otherwise permitted under the terms of the Credit Agreement, Mortgagor shall not further mortgage, mortgage nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 2 contracts

Samples: Credit Agreement (Kinder Morgan Holdco LLC), Security Agreement (Health Management Associates Inc)

Restrictions on Liens and Encumbrances. Except for the lien Lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted by the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lienLien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien Lien of this Mortgage and whether recourse or non-recourse.

Appears in 2 contracts

Samples: Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc)

Restrictions on Liens and Encumbrances. Except for the lien -------------------------------------- of this Mortgage and the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 2 contracts

Samples: Demand Loan Agreement (Safety Kleen Corp/), Leases and Security Agreement (Safety Kleen Corp/)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as may be permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (International Multifoods Corp)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted under the Credit Agreement,. Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (MacDermid Group Inc.)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Mortgaged. Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (MacDermid Group Inc.)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as permitted by the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether thereof superior or subordinate to the lien of this Mortgage and Mortgage, whether recourse or non-recourse.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Powerhouse Technologies Inc /De)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsLiens and any Lien permitted by the Credit Documents, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Collateral Agreement (Werner Holding Co Inc /Pa/)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsLiens, and except as expressly permitted under the Indenture, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of created by this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Intercreditor Agreement (Horsehead Holding Corp)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and Mortgage, any lien or encumbrance as permitted by Section 6.02 of the Permitted ExceptionsCredit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property Real Estate nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged PropertyReal Estate, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.. 

Appears in 1 contract

Samples: Credit Agreement (Peak Resorts Inc)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsLiens, and except as expressly permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of created by this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Horsehead Holding Corp)

Restrictions on Liens and Encumbrances. Except for the lien and security title of this Mortgage and the Permitted Exceptions, and except as permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Harland Financial Solutions, Inc.

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage Mortgage, the Liens permitted under the Credit Agreement and the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (Aurora Foods Inc /De/)

Restrictions on Liens and Encumbrances. Except for the lien of -------------------------------------- this Mortgage Mortgage, the Liens permitted under the Credit Agreement and the Permitted ExceptionsLiens, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Mortgage and Security Agreement (V I Technologies Inc)

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Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien lien, of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (MacDermid Group Inc.)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsExceptions and except as may be expressly permitted by the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Mortgage (Gannett Co., Inc.)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and Mortgage, the Permitted ExceptionsExceptions and any Liens permitted by the terms of the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Young & Rubicam Inc)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and as otherwise expressly permitted by subsection 10.3 of the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Laidlaw Environmental Services Inc)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Table of Contents Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Metavante Technologies, Inc.)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsExceptions or as permitted by the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Daramic, LLC)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, Mortgagor Mortgagors shall not further mortgagegrant, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Four Rivers Bioenergy Inc.)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance (whether voluntary or non-voluntary) on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Astrex Inc

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsExceptions and any Lien permitted by the Loan Documents, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (Werner Holding Co Inc /Pa/)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsLiens and except as otherwise permitted pursuant to the terms of the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (Servicemaster Co)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse, except as may be expressly permitted under the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Campfire Inc)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted under the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge Charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse Whether recourse. or non-recourse.

Appears in 1 contract

Samples: Credit Agreement (MacDermid Group Inc.)

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and Mortgage, the Permitted Exceptions, and except as permitted by the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: American Rock Salt Co LLC

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted Exceptions, and except as expressly permitted under the Credit Agreement, the Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Edison Mission Finance Co

Restrictions on Liens and Encumbrances. Except for the lien of this Mortgage and the Permitted ExceptionsLiens and except as otherwise permitted pursuant to the terms of the Revolving Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Revolving Credit Agreement (Servicemaster Co)

Restrictions on Liens and Encumbrances. Except for the lien Lien of this Mortgage Mortgage, the Liens permitted by the Credit Agreement and the Permitted Exceptionseasements permitted by the Credit Agreement, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property nor create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien Lien of this Mortgage and whether recourse or non-recourse.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Presstek Inc /De/)

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