Liens and Sale and Leaseback Transactions. (a) The Borrower will not, and will not permit any Subsidiary to, create, incur, assume or permit to exist any Lien on any property or asset now owned or hereafter acquired by it, or assign or sell any Securitization Receivables in connection with any financing transaction or series of financing transactions (including factoring arrangements), except:
Appears in 9 contracts
Samples: Revolving Credit Agreement (Marathon Petroleum Corp), Day Revolving Credit Agreement (Marathon Petroleum Corp), Year Revolving Credit Agreement (Marathon Petroleum Corp)
Liens and Sale and Leaseback Transactions. (a) The Borrower will not, and will not permit any Restricted Subsidiary to, create, incur, assume or permit to exist any Lien on any property or asset now owned or hereafter acquired by it, or assign or sell any Securitization Receivables in connection with any financing transaction or series of financing transactions (including factoring arrangements), except:
Appears in 1 contract
Liens and Sale and Leaseback Transactions. (a) The Borrower will not, and will not permit any Subsidiary to, create, incur, assume or permit to exist any Lien on any property or asset now owned or hereafter acquired by it, or assign or sell any Securitization Receivables in connection with any financing transaction or series of financing transactions (including factoring arrangements), except:
Appears in 1 contract
Samples: Assignment and Assumption (Marathon Petroleum Corp)
