Common use of Additional Negative Pledges Clause in Contracts

Additional Negative Pledges. Other than as described on Schedule 9.10, create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) this Agreement, (ii) the terms of any agreement, instrument or other document pursuant to which any Indebtedness permitted by Section (d) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, and (iii) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Catalina Lighting Inc), Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)

Additional Negative Pledges. Other than as described on Schedule 9.10, create Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) this Agreement, (iia) the terms of any agreement, instrument or other document pursuant to which any Indebtedness permitted by Section (d8.2(b) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, and (iiib) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 2 contracts

Sources: Revolving Loan Agreement (Brown & Brown Inc), Revolving and Term Loan Agreement (Brown & Brown Inc)

Additional Negative Pledges. Other than as described on Schedule 9.10, create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) this Agreement, (ii) the terms of any agreement, instrument or other document pursuant to which any Indebtedness permitted by Section (d9.01(d) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, and (iii) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)

Additional Negative Pledges. Other than as described on Schedule 9.10, create Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) this Agreement, (ii) the Subordinated Note Documents, (iii) the terms of any agreement, instrument or other document pursuant to which any Indebtedness permitted by Section (d9.01(e) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, and (iiiiv) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Conso International Corp)

Additional Negative Pledges. Other than as described on Schedule 9.10, create Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) this Agreement, (ii) the terms of any agreement, instrument or other document pursuant to which any Indebtedness permitted by Section (d7.1(b) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, (ii) Permitted Liens incurred in connection with a Permitted Acquisition, and (iii) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 1 contract

Sources: Convertible Subordinated Note Purchase Agreement (Consolidated Stainless Inc)

Additional Negative Pledges. Other than as described on Schedule 9.10, create Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (ia) this AgreementSection 11.02, (iib) the terms of any agreement, instrument or other document pursuant to which any Indebtedness Indebtedness, permitted by Section (d11.01(c) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, Indebtedness and (iiic) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 1 contract

Sources: Credit Agreement (Nelson Thomas Inc)

Additional Negative Pledges. Other than as described on Schedule 9.10, create Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) this Agreement, (ii) the terms of any agreement, instrument or other document pursuant to which any Indebtedness incurred in connection with the Liens permitted by Section (d8.1(b) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, and (iiiii) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Planet Hollywood International Inc)

Additional Negative Pledges. Other than as described on Schedule 9.10, create Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than pursuant to (i) this Agreement, (ii) the Subordinated Note Documents, (iii) the terms of any agreement, instrument or other document pursuant to which any Indebtedness permitted by Section (d8.1.1(e) is incurred by any Consolidated Company, so long as such prohibition or restriction applies only to the property or asset being financed by such Indebtedness, and (iiiiv) any requirement of applicable law or any regulatory authority having jurisdiction over any of the Consolidated Companies.

Appears in 1 contract

Sources: Subordinated Note and Warrant Purchase Agreement (Conso International Corp)