Example ContractsClausesCustomary Permitted Liens;
Customary Permitted Liens;
Customary Permitted Liens; contract clause examples

any investment permitted under Section 6.14, to the extent any such investment is deemed to be a disposition;

any attachment or judgment Lien not otherwise constituting an Event of Default under [Section 8.01(h)] in existence less than sixty (60) days after the entry thereof or with respect to which # execution has been stayed, # payment is covered in full by insurance, or # the Borrower or any of its Subsidiaries shall in good faith be prosecuting an appeal or proceedings for review and shall have set aside on its books such reserves as may be required by GAAP with respect to such judgment or award;

purchase money Liens upon or in any real property or equipment acquired or held by the Borrower or any of its Subsidiaries in the ordinary course of business to secure the purchase price of such property or equipment or to secure Debt incurred solely for the purpose of financing the acquisition of such property or equipment, or Liens existing on such property or equipment at the time of its acquisition or conditional sales or other similar title retention agreements with respect to property hereafter acquired or extensions, renewals or replacements of any of the foregoing for the same or a lesser amount, provided, however, that no such Lien shall extend to or cover any properties of any character other than the real property or equipment being acquired and any improvements thereto or proceeds thereof, and no such extension, renewal or replacement shall extend to or cover any properties not theretofore subject to the Lien being extended, renewed or replaced;

purchase money Liens (including the interest of a lessor under a Capitalized Lease and Liens to which any property is subject at the time of the Company’s acquisition thereof) securing Indebtedness permitted pursuant to [Section 7.3(A)(viii) or (xiii)])]; provided that such Liens shall not apply to any property of the Company or its Subsidiaries other than that purchased or subject to such Capitalized Lease;

Liens on Equity Interests in any SBIC Subsidiary created in favor of the SBA;

Liens on Equity Interests in any SBIC Subsidiary created in favor of the SBA;

purchase money Liens (including the interest of a lessor under a Capitalized Lease and Liens to which any property is subject at the time of the Company’s acquisition thereof) securing Indebtedness permitted pursuant to [Section 7.3(A)(viii) or (xiii)])]; provided that such Liens shall not apply to any property of the Company or its Subsidiaries other than that purchased or subject to such Capitalized Lease;

Liens on Equity Interests in any SBIC Subsidiary created in favor of the SBA;

Liens existing on the Closing Date and described on [Schedule 7.1(c)] hereto;

Permitted Liens. Create or suffer to exist any Lien upon any of its Property, except the following (collectively, “Permitted Liens”):

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