Security and Financial Indebtedness. None of the assets or rights of any Obligor is subject to any Security Interest except any Security Interest which (i) qualifies as a Permitted Security Interest with respect to that Obligor or (ii) is permitted by Clause 22.4 (Negative pledge) of this Agreement.
Appears in 4 contracts
Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)