Liens; Negative Pledges; Other Matters. (a) The Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary (other than an Excluded Subsidiary) to, create, assume, incur, permit or suffer to exist any Lien on any of its properties, assets, income or profits of any character whether now owned or hereafter acquired, except for Permitted Liens.
Appears in 2 contracts
Samples: Revolving Credit Agreement (First Potomac Realty Trust), Term Loan Agreement (First Potomac Realty Trust)
Liens; Negative Pledges; Other Matters. (a) The Parent and the Borrower Borrowers shall not, and shall not permit any other Loan Party or any other Property Subsidiary (other than an Excluded Subsidiary) to, create, assume, incur, permit or suffer to exist incur any Lien on (other than Permitted Liens) upon any of its properties, assets, income or profits of any character whether now owned or hereafter acquiredacquired if immediately prior to the creation, except for Permitted Liens.assumption or incurring of such Lien, or immediately thereafter, a Default or Event of
Appears in 1 contract
Liens; Negative Pledges; Other Matters. (a) The Parent and the Borrower shall not, and shall not permit any Subsidiary or other Loan Party or any other Subsidiary (other than an Excluded Subsidiary) to, create, assume, incur, incur or permit or suffer to exist any Lien on upon any of its properties, assets, income or profits of any character whether now owned or hereafter acquired, except for Permitted Liens.acquired other than:
Appears in 1 contract
Samples: Credit and Security Agreement (Five Star Quality Care Inc)
Liens; Negative Pledges; Other Matters. (a) The Parent and the Borrower shall not, and shall not permit any Subsidiary or other Loan Party or any other Subsidiary (other than an Excluded Subsidiary) to, create, assume, incur, permit or suffer to exist incur any Lien on any of its properties, assets, income or profits of any character whether now owned or hereafter acquired, except for other than Permitted Liens.
Appears in 1 contract
Liens; Negative Pledges; Other Matters. (a) The Parent and the Borrower shall not, and shall not permit any Subsidiary or other Loan Party or any other Subsidiary (other than an Excluded Subsidiary) to, create, assume, incur, incur or permit or suffer to exist any Lien on upon any of its properties, assets, income or profits of any character whether now owned or hereafter acquired, except for Permitted Liens.acquired other than:
Appears in 1 contract
Samples: Credit and Security Agreement (Five Star Quality Care Inc)
