Common use of Liens; Negative Pledges; And Encumbrances Clause in Contracts

Liens; Negative Pledges; And Encumbrances. Borrower shall not create, incur, assume or suffer to exist any Lien of any nature upon or with respect to any of the Collateral, whether now or hereafter owned, leased or acquired, except for Permitted Liens.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan and Security Agreement (Trans Leasing International Inc), Loan and Security Agreement (Trans Leasing International Inc)

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Liens; Negative Pledges; And Encumbrances. Borrower shall not create, incur, assume or suffer to exist any Lien of any nature upon or with respect to any of the Collateraltheir respective Property, whether now or hereafter owned, leased or acquired, except for (collectively, the "Permitted Liens."):

Appears in 2 contracts

Samples: Warehousing Credit Agreement (American Finance Group Inc /De/), Warehousing Credit Agreement (PLM International Inc)

Liens; Negative Pledges; And Encumbrances. Borrower shall not create, incur, assume or suffer to exist any Lien of any nature upon or with respect to any of the Collateralits Property, whether now or hereafter owned, leased or acquired, except for (collectively, the "Permitted Liens."):

Appears in 1 contract

Samples: Warehousing Credit Agreement (PLM International Inc)

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Liens; Negative Pledges; And Encumbrances. Borrower shall not create, incur, assume or suffer to exist exist, nor permit any Special Purpose Entity or Owner Trustee to create, incur, assume or suffer to exist, any Lien of any nature upon or with respect to any of the Collateraltheir respective Property, whether now or hereafter owned, leased or acquired, except for (collectively, the "Permitted Liens."):

Appears in 1 contract

Samples: Credit Agreement (PLM Equipment Growth Fund Vi)

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