Common use of Liens and Related Matters Clause in Contracts

Liens and Related Matters. A. PROHIBITION ON LIENS. Borrowers shall not, and shall not permit their respective Subsidiaries to, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of Borrowers or any of their respective Subsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, or file or authorize the filing of, or permit to remain in effect, any effective financing statement or other similar notice of any Lien with respect to any such property, asset, income or profits under the UCC or under any similar recording or notice statute, except:

Appears in 4 contracts

Samples: Credit Agreement (Danielson Holding Corp), Credit Agreement (Covanta Energy Corp), Credit Agreement (Danielson Holding Corp)

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Liens and Related Matters. A. PROHIBITION ON LIENS. Borrowers Company shall not, and shall not permit their respective any of its Subsidiaries to, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of Borrowers Company or any of their respective its Subsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, or file or authorize permit the filing of, or permit to remain in effect, any effective financing statement or other similar notice of any Lien with respect to any such property, asset, income or profits under the UCC or under any similar recording or notice statute, except:

Appears in 3 contracts

Samples: Credit Agreement (Oxford Health Plans Inc), Security Agreement (Urs Corp /New/), Credit Agreement (FTD Inc)

Liens and Related Matters. A. PROHIBITION ON LIENS. Borrowers Company and each Borrower shall not, and shall not permit their respective any of its Subsidiaries to, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of Borrowers Company, any Borrower or any of their respective Subsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, or file or authorize permit the filing of, or permit to remain in effect, any effective financing statement or other similar notice of any Lien with respect to any such property, asset, income or profits under the UCC or under any similar recording or notice statute, except:

Appears in 1 contract

Samples: Secured Credit Agreement (Owens Illinois Inc /De/)

Liens and Related Matters. A. PROHIBITION ON LIENSProhibition on Liens. Borrowers Borrower shall not, and shall not permit their respective any of its Subsidiaries to, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of Borrowers Borrower or any of their respective its Subsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, or file or authorize permit the filing of, or permit to remain in effect, any effective financing statement or other similar notice of any Lien with respect to any such property, asset, income or profits under the UCC or under any similar recording or notice statute, except:

Appears in 1 contract

Samples: Credit Agreement (Joy Global Inc)

Liens and Related Matters. A. PROHIBITION ON LIENS. Borrowers Holdings, Company and each other Borrower shall not, and shall not permit their respective any of its Subsidiaries to, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of Borrowers Holdings or any of their respective its Subsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, or file or authorize permit the filing of, or permit to remain in effect, any effective financing statement or other similar notice of any Lien with respect to any such property, asset, income or profits under the UCC or under any similar recording or notice statute, except:

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

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Liens and Related Matters. A. PROHIBITION ON LIENS. Borrowers Company shall not, and shall not permit their respective any of its Subsidiaries to, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of Borrowers Company or any of their respective its Subsidiaries, whether now owned or 98 hereafter acquired, or any income or profits therefrom, or file or authorize permit the filing of, or permit to remain in effect, any effective financing statement or other similar notice of any Lien with respect to any such property, asset, income or profits under the UCC or under any similar recording or notice statute, except:

Appears in 1 contract

Samples: Credit Agreement (Clayton Holdings Inc)

Liens and Related Matters. A. PROHIBITION ON LIENS. Borrowers Each of Parent and Borrower shall not, and shall not permit their respective any of its Subsidiaries to, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of Borrowers Parent, Borrower or any of their respective Subsidiariessuch Subsidiary, whether now owned or hereafter acquired, or any income or profits therefrom, or file or authorize permit the filing of, or permit to remain in effect, any effective financing statement or other similar notice of any Lien with respect to any such property, asset, income or profits under the UCC or under any similar recording or notice statute, except:

Appears in 1 contract

Samples: Credit Agreement (Brand Services)

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