Example ContractsClausesIndebtedness; Liens
Indebtedness; Liens
Indebtedness; Liens contract clause examples

Indebtedness; Liens. No Loan Party shall create, incur, assume or suffer to exist any Indebtedness for borrowed money other than the Obligations. No Loan Party shall create, incur or permit to exist any Lien in or on any of the Collateral other than Permitted Liens.

Indebtedness; Liens. No Loan Party shall create, incur, assume or suffer to exist any Indebtedness for borrowed money other than the Obligations. No Loan Party shall create, incur or permit to exist any Lien in or on any of the Collateral other than Permitted Liens.

Liens. There are no liens of any kind on any property owned by any Security Party other than Permitted Liens;

Liens. The Borrower will not create, incur, assume or permit to exist any Lien on any of its property, except for any Permitted Liens and Liens created under this Agreement or the other Basic Documents.

Liens. The Borrower will not create, incur, assume or permit to exist any Lien on any of its property, except for any Permitted Liens and Liens created under this Agreement or the other Basic Documents.

Liens. Either # create, incur, assume or suffer to exist any Lien upon any of its property, assets, revenues or rights to receive revenues, whether now owned or hereafter acquired, or # sign or file or suffer to exist under the Uniform Commercial Code of any jurisdiction a financing statement that names the Borrower or any of its Subsidiaries as debtor, and any Person other than the Administrative Agent, as a secured party, nor grant a security interest in any of their property, assets, revenues or rights to receive revenues, in favor of any Person other than the Administrative Agent, other than the following:

Liens. Create, assume or permit to exist, any mortgage, pledge, lien, charge, encumbrance or any security interest whatsoever upon any Collateral or, in respect of the Borrowers, other property except:

Liens. The Guarantor shall not create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired (other than Permitted Liens).

Termination of Closing Indebtedness and Liens. Except for Indebtedness that is in the form of accounts payable, trade payables or customer deposit balances, with respect to all Closing Indebtedness of the Company, Buyer shall have received payoff letters from the applicable creditors (in form reasonably acceptable to Buyer) # setting forth all amounts (including principal and accrued but unpaid interest) necessary to repay in full any such amounts through the Closing, # providing that, upon payment in full of such amounts, all obligations owed to such holder with respect to such amounts are satisfied and released in their entirety, and # providing that upon payment in full of such amounts, all Liens and other collateral securing such amounts are terminated and released.

Liens . Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues (in each case, other than margin stock (within the meaning of Regulation U issued by the FRB)), whether now owned or hereafter acquired, other than the following:

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