Common use of Liens Clause in Contracts

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will shall not, and will not nor shall it permit any of its Restricted Subsidiaries to, create, incur, assume or permit or suffer to exist any Lien upon on or with respect to any property of its property, revenues or assetsany kind owned by it, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon in, of or on the Property of the Borrower or any of its property, revenues or assets, whether now owned or hereafter acquiredSubsidiaries, except:

Liens. The Borrower will shall not, and will shall not permit any of its Significant Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:except for Permitted Liens.

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset (including Equity Interests in any Financing Subsidiary or any other Subsidiary) now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, to create, incur, assume assume, or suffer to exist exist, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, revenues or assetsof any kind, whether now owned or hereafter acquired, except:or any income or profits therefrom, except for Permitted Liens.

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon on any of its property, revenues assets or assets, whether property now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues property or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, contract, create, incur, assume or suffer permit to exist any Lien upon with respect to any of its property, revenues or assetstheir Property, whether now owned or hereafter after acquired, except:except for Permitted Liens.

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries other Obligor to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Each Borrower will not, and will not permit any of its Subsidiaries to, to create, incur, assume assume, or suffer to exist exist, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, revenues or assetsof any kind, whether now owned or hereafter acquired, except:or any income or profits therefrom, except for Permitted Liens.

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon any of its propertyproperty (including Capital Securities of any Person), revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and nor will not it permit any of its Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, at any time create, incur, assume or suffer to exist any Lien upon or with respect to any of its property, revenues or assetsproperties, whether now owned or hereafter acquired, exceptor assign, or permit any of its Subsidiaries to assign, any right to receive income, in each case to secure or provide for the payment of any Debt of any Person, other than:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon the stock, assets, or indebtedness of Borrower or any of its property, revenues Subsidiaries to secure Indebtedness of Borrower or assets, whether now owned or hereafter acquired, any other Person except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon on any of its property, revenues or assets, whether Property now owned or hereafter acquiredacquired by it, except:or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, other than Permitted Liens.

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon on any of its property, revenues or assets, whether asset now owned or hereafter acquiredacquired by it or any of its Subsidiaries, exceptexcept for the following:

Liens. The Borrower will shall not, and will not nor shall it permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon any of its property, revenues assets or assetsrevenues, whether now owned or hereafter acquired, exceptother than the following:

Liens. The No Borrower will, nor will not, and will not it permit any of its Material Subsidiaries to, contract, create, incur, assume or suffer permit to exist any Lien upon with respect to any of its propertyProperties or any other assets of any kind (whether real or personal, revenues tangible or assetsintangible), whether now owned or hereafter after acquired, except:except for Permitted Liens.

Liens. The Borrower will not, and will not permit any of its Subsidiaries tothe Restricted Subsidiaries, to create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, except:

Liens. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The No Borrower will, nor will not, and will not any Borrower permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon in or on any of its property, revenues or assets, whether now owned or hereafter acquiredProperty, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon any of its propertyproperty (including Capital Stock of any Person), revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon to secure payment of any of its property, revenues Indebtedness or assets, whether any Derivatives Obligations on any Property now owned or hereafter acquiredacquired by it, exceptexcept for:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned by it, or hereafter acquiredassign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:except (collectively, “Permitted Liens”):

Liens. The Borrower will shall not, and will not nor shall it permit any of its Restricted Subsidiaries to, create, incur, assume or permit or suffer to exist any Lien upon on or with respect to any property of its property, revenues any kind owned by it securing Indebtedness or assetsother obligations of any Loan Party, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, to create, incur, assume or suffer to exist or agree to create, incur or assume any Lien in, upon or with respect to any of its propertyproperties or assets (including, revenues without limitation, any securities or assetsdebt instruments of any of its Subsidiaries), whether now owned or hereafter acquired, except:or assign or otherwise convey any right to receive income to secure any obligation, except for the following Liens (herein referred to as “Permitted Liens”):

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer permit to exist any Lien upon on or with respect to any property or asset (including any document or instrument in respect of goods or accounts receivable) of the Borrower or any of its property, revenues or assetsSubsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, except:

Liens. The Each Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume assume, or suffer to exist exist, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, revenues or assetsof any kind, whether now owned or hereafter acquired, except:or any income or profits therefrom, except for Permitted Liens.

Liens. The Borrower and each other Obligor will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquired, acquired by it except:

Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer permit to exist any Lien upon on or with respect to any property or asset of any kind of the Borrower or any of its property, revenues or assetsSubsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon any of its propertyproperty (including Capital Stock of any Person), revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of its property, revenues any kind of the Borrower or assets, any such Subsidiary whether now owned or hereafter acquired, except:

Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues assets or assetsrevenues, whether now owned or hereafter acquired, exceptother than the following:

Liens. The No Borrower will, nor will not, and will not it permit any of its Subsidiaries to, permit, create, incurassume, assume incur or suffer to exist any Lien upon on any of its propertyasset, revenues tangible or assetsintangible, whether now owned or hereafter acquiredacquired by it, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon of any of its propertykind on any property or asset that constitutes Collateral, revenues or assets, whether now owned or hereafter acquired, except:except Permitted Liens.

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assetsassets (including the Purchased Vessel), whether now owned or hereafter acquired, except:

Liens. The Borrower Each of the Borrowers will not, and will not permit any of its respective Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer permit to exist any Lien upon on or with respect to any property or asset (including any document or instrument in respect of goods or accounts receivable) (other than Margin Stock) of the Borrower or any of its property, revenues or assetsSubsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume assume, or suffer to exist exist, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, revenues or assetsof any kind, whether now owned or hereafter acquired, except:or any income or profits therefrom, except for Permitted Liens.

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned (but not leased or ground-leased) or hereafter acquiredacquired (but not leased or ground-leased) by it, except:

Liens. The Borrower will shall not, and will not nor shall it permit any of its Subsidiaries to, create, incur, assume or permit or suffer to exist any Lien upon on or with respect to any property of its property, revenues or assetsany kind owned by it, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Such Borrower will not, and will not permit any of its Subsidiaries toRestricted Subsidiaries, to create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, contract, create, incur, assume or suffer permit to exist any Lien upon with respect to any of its propertyProperty of any kind (whether real or personal, revenues tangible or assetsintangible), whether now owned or hereafter after acquired, except:other than Permitted Liens.

Liens. The Borrower will not, and nor will not it permit any of its Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, except:

Liens. The Borrower will not, and will not permit or cause any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist exist, any Lien upon or with respect to any part of its property, revenues property or assets, whether now owned or hereafter acquiredacquired or agree to do any of the foregoing, except:other than the following (collectively, “Permitted Liens”):

Liens. The No Borrower will, nor will not, and will not it permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether tangible or intangible, now owned or hereafter acquiredacquired by it, except:

Liens. The Borrower will not, and nor will not the Borrower permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of its property, revenues any kind of the Borrower or assets, any such Subsidiary whether now owned or hereafter acquired, exceptexcept that the foregoing shall not apply to:

Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, create, incur, assume or suffer to exist exist, directly or indirectly, any Lien upon on any of its property, revenues or assets, whether property now owned or hereafter acquired, exceptother than:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of its property, revenues any kind of the Borrower or assets, any such Subsidiary whether now owned or hereafter acquired, exceptexcept that the foregoing shall not apply to:

Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues assets or assetsrevenues, whether now owned or hereafter acquired, exceptother than the following:

Liens. The No Borrower will, nor will not, and will not it permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon on, or with respect to, any of its propertyassets or properties (including without limitation shares of Capital Stock or other ownership interests owned by it), revenues real or assetspersonal, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its propertyproperty or asset (including accounts receivable, revenues or assets, whether royalties and other revenues) now owned or hereafter acquiredacquired by it, or assign or sell any receivables in connection with any financing transaction or series of financing transactions (including factoring arrangements), except:

Liens. The Borrower will not, and nor will not it permit any of its the Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether Properties (now owned or hereafter acquired), except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues Property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned by it, or hereafter acquiredassign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incurassume, assume incur or suffer to exist any Lien upon or with respect to any of its property, revenues properties or assets, whether now owned or hereafter acquired, or any income or profits therefrom (whether or not provision is made for the equal and ratable securing of the Notes in accordance with the provisions of Section 7A.3), except:

Liens. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon on any of its property, revenues assets or assets, whether property now owned or hereafter acquired, except:

Liens. The Each Borrower will shall not, and will shall not permit any of its Subsidiaries to, create, assume, incur, assume or suffer permit to exist any Lien upon any of its propertyproperty (including Hydrocarbon Interests, revenues accounts receivable and Equity Interests in Subsidiaries or assetsother Persons), whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether Properties (now owned or hereafter acquired), except:

Liens. The Borrower will not, and will not permit any of its the Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether their Properties (now owned or hereafter acquired), except:

Liens. The Borrower will not, and will not permit or cause any of its Subsidiaries to, directly or indirectly, grant, create, incur, assume or suffer to exist exist, any Lien upon or with respect to any part of its property, revenues property or assets, whether now owned or hereafter acquiredacquired or agree to do any of the foregoing, except:other than the following (collectively, “Permitted Liens”):

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon any of its propertyproperty (including Capital Securities of any Person), revenues or assets, whether now owned or hereafter acquired, except:except the following (collectively “Permitted Liens”):

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of its property, revenues any kind of the Borrower or assets, any such Restricted Subsidiary whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon on any of its property, revenues assets or assets, whether property now owned or hereafter acquiredacquired or, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether Property now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Such Borrower will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not cause or permit any of its Subsidiaries to, create, incur, assume incur or suffer to exist exist, any Lien upon any in, of or on its property, revenues or assets, their Property (whether now owned or hereafter acquired, except:or upon any income, profits or proceeds therefrom), except the following (“Permitted Liens”):

Liens. The Borrower will not, and will not permit any of its the Restricted Subsidiaries to, create, incur, assume or otherwise cause or suffer to exist or become effective any Lien (other than Permitted Liens) upon any of its property, revenues their property or assets, whether now owned or hereafter acquired, except:or upon any income or profits therefrom.

Liens. The Each Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assetsProperty, whether now owned or hereafter acquired, except:except Permitted Liens.

Liens. The Borrower will not, and will not permit any of its the Subsidiaries to, to create, incur, assume or suffer to exist any Lien upon any of its propertyProperty, revenues or assets, whether now owned or hereafter acquired, except:

Liens. The Borrower will not, and nor will not it permit any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:

Liens. (a) The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume create or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether property now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume create or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether property now owned or hereafter acquiredacquired by it, exceptor assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except the following:

Liens. The Each Borrower will not, and will not permit any of its Subsidiaries or Parent to, create, incur, assume assume, or suffer to exist exist, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, revenues or assetsof any kind, whether now owned or hereafter acquired, except:or any income or profits therefrom, except for Permitted Liens.

Liens. The Borrower will not, and will not permit or cause any of its Subsidiaries to, permit, create, incurassume, assume incur or suffer to exist any Lien upon on any of its property, revenues asset tangible or assets, whether intangible now owned or hereafter acquiredacquired by it except for the following (collectively, except:“Permitted Liens”):

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether Property now owned or hereafter acquiredacquired by it, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon the Property of Borrower or any of its property, revenues Subsidiaries to secure Indebtedness of Borrower or assets, whether now owned or hereafter acquired, any other Person except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assetsProperty, whether now owned or hereafter acquired, except:

Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, at any time create, incur, assume or suffer to exist any Lien upon on any of its property, revenues property or assets, whether tangible or intangible, now owned or hereafter acquired, or agree or become liable to do so, except:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, contract, create, incur, assume or suffer permit to exist any Lien upon with respect to any of its propertyproperty or assets of any kind (whether real or personal, revenues tangible or assetsintangible), whether now owned or hereafter acquired, exceptsecuring any Indebtedness other than the following:

Liens. The Borrower will not, and nor will not it permit any of its Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues property or assets, whether asset now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any such income or revenues, except:

Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, revenues or assets, whether now owned or hereafter acquired, except:

Liens. The No Borrower will, nor will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets of its property, revenues any kind of such Borrower or assets, any such Subsidiary whether now owned or hereafter acquired, exceptexcept that the foregoing shall not apply to:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer permit to exist any Lien upon on or with respect to any property or asset of the Borrower or any of its property, revenues or assetsSubsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries (other than CRISIL Limited) to, directly or indirectly, create, incur, assume or suffer permit to exist any Lien upon on or with respect to any property or asset (including any document or instrument in respect of goods or accounts receivable) of the Borrower or any of its property, revenues or assetsSubsidiaries, whether now owned or hereafter acquired, or any income or profits therefrom, except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries (other than any Unrestricted Subsidiary) to, create, incur, assume create or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether property now owned or hereafter acquiredacquired by it, or assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:

Liens. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, revenues or assets, whether Properties (now owned or hereafter acquired), except:

Liens. The Borrower will not, and will not permit any of its Subsidiaries to, or Parent to create, incur, assume assume, or suffer to exist exist, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, revenues or assetsof any kind, whether now owned or hereafter acquired, except:or any income or profits therefrom, except for Permitted Liens.