Future Encumbrances. the execution by it of each of the Relevant Agreements to which it is or will be a party and the exercise by it of its rights and performance of or compliance with its obligations thereunder will not result in the existence of or oblige it to create any encumbrance over all or any of its present or future assets except for Permitted Encumbrances;
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Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)
Future Encumbrances. 14.1.9 the execution by it of each of the Relevant Agreements to which it is or will be a party and the exercise by it of its rights and performance of or compliance with its obligations thereunder will not result in the existence of or oblige it to create any encumbrance over all or any of its present or future assets except for Permitted Encumbrances;
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