Example ContractsClausesPermitted Encumbrances;
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Liens on any property or asset of a Subsidiary securing Indebtedness of such Subsidiary to the Borrower or to another Subsidiary;

any Lien existing on any property or asset prior to the acquisition thereof by the Company or any of its Subsidiaries, or existing on any property of any Person that becomes a Subsidiary after the date of this Agreement prior to the time such Person becomes a Subsidiary or that is merged with or into or consolidated with the Company or any Subsidiary prior to such merger or consolidation, provided that # such Lien is not created in contemplation of or in connection with such acquisition or such Person becoming a Subsidiary or such merger, as the case may be, # such Lien shall not apply to any other property or asset of the Company or any of the Subsidiaries, and # such Lien shall secure only those obligations and liabilities that it secures on the date of such acquisition or the date such Person becomes a Subsidiary of the Company or such merger, as the case may be;

Liens existing on Effective Date; provided that any Lien securing Indebtedness or other obligations in excess of individually shall only be permitted if set forth on [Schedule 6.02], and any modifications, replacements, renewals or extensions thereof; provided that # such modified, replacement, renewal or extension Lien does not extend to any additional property other than # after-acquired property that is affixed or incorporated into the property covered by such Lien and # proceeds and products thereof, and # the obligations secured or benefited by such modified, replacement, renewal or extension Lien are permitted by [Section 6.01];

any Lien on any asset of the Borrower or any Restricted Subsidiary existing on the Effective Date and set forth on [Schedule 6.02] or, to the extent not listed in such Schedule, such property or assets have a fair market value that does not exceed in the aggregate; provided that # such Lien shall not attach to any other asset of the Borrower or any Restricted Subsidiary other than after-acquired property that is affixed or incorporated into the property covered by such Lien and the proceeds and products thereof and # such Lien shall secure only those obligations that it secures on the Effective Date and any extensions, renewals and refinancings thereof that do not increase the outstanding principal amount thereof and, in the case of any such obligations constituting Indebtedness, that are permitted under [Section 6.01] as Refinancing Indebtedness in respect thereof;

Liens on any property or asset of the Borrower, any of its Subsidiaries or any Material Associated Practice existing on the date hereof and set forth on [Schedule 7.2]; provided that such Liens shall not apply to any other property or asset of such Person;

Liens in favor of the Collateral Agent in the Equity Interests as described in [Section 2.21] securing the Subject Obligations and subject to the Intercreditor Agreement,

deposit, escrow or similar accounts held by customers of Borrower or any of its Subsidiaries as security for the obligations of Borrower or any of its Subsidiaries under customer contracts entered into in the ordinary course of business on a basis consistent with past practices;

Section # Fundamental Changes; Business; Fiscal Year.

Liens on fixed or capital assets acquired, constructed or improved by the Borrower or any Subsidiary; provided that # such Liens secure Indebtedness permitted by , # such Liens and the Indebtedness secured thereby are incurred prior to or within 90 days after such acquisition or the completion of such construction or improvement, # the Indebtedness secured thereby does not exceed the cost of acquiring, constructing or improving such fixed or capital assets and # such Liens shall not apply to any other property or assets of the Borrower or any Subsidiary;

Permitted Encumbrances” means:

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