Common use of Additional Negative Pledge Clause in Contracts

Additional Negative Pledge. Agree or covenant with or promise any person or entity other than the Banks and the trustee for the holders of the Communications Bond Debt that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property on terms similar to those set forth in Paragraph 7.4 hereof. -82-

Appears in 1 contract

Sources: Credit Agreement (Dobson Communications Corp)

Additional Negative Pledge. Agree or covenant with or promise any person or entity Person, other than the Banks and the trustee for the holders of the Communications Bond Debt Lenders, that it will not pledge its assets or properties or otherwise grant any liens, security interests interests, or encumbrances on its property on terms similar to those set forth in Paragraph 7.4 SECTION 9.4 hereof. -82-.

Appears in 1 contract

Sources: Credit Agreement (Dobson Communications Corp)

Additional Negative Pledge. Agree or covenant with or promise any person or entity other than the Banks and the trustee for the holders of the Communications Bond Debt that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property on terms similar to those set forth in Paragraph 7.4 6.4 hereof. -82-.

Appears in 1 contract

Sources: Credit Agreement (Dobson Communications Corp)