Common use of Limitation on Liens Clause in Contracts

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 20 contracts

Samples: Guarantee and Subordination Agreement (Enerplus Resources Fund), Note Purchase Agreement (Enerplus Resources Fund), Subordination Agreement (ENERPLUS Corp)

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Limitation on Liens. The Company will not, and will not permit any Restricted Consolidated Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, acquire any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 11 contracts

Samples: Note Agreement (Allied Capital Corp), Note Agreement (Allied Capital Corp), Note Agreement (Allied Capital Corp)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 10 contracts

Samples: Note Agreements (K2 Inc), Note Purchase Agreement (Ch Energy Group Inc), Guaranty Agreement (Fuller H B Co)

Limitation on Liens. 5.1 The Company will not, and will not cause or permit any Restricted Subsidiary to, create directly or indirectly, create, incur, assume, affirm or suffer to be incurred or to exist, exist any Lien on its or their property or assets, whether now owned or hereafter acquired, or of any kind upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements of the Company or any Restricted Subsidiary, including any shares of stock or intercompany notes or other title retention devicesDebt of any Restricted Subsidiary, owned on the date of this Agreement or acquired after the date of this Agreement, or any income, profits or proceeds therefrom, except:

Appears in 6 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or create, incur, assume or suffer to be incurred or to exist, exist any Lien on any of its assets or their property or assets, whether now owned or hereafter acquiredproperties of any character, or upon any income shares of Capital Stock or profits therefromIndebtedness of any Restricted Subsidiary, without making effective provision for all of the Notes and all other amounts due under the Indenture to be directly secured equally and ratably with (or, if the obligation or transfer any property for the purpose liability to be secured by such Lien is subordinated in right of subjecting the same payment to the payment of obligations in priority to Notes, prior to) the payment of its obligation or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, exceptliability secured by such Lien. The foregoing limitation does not apply to:

Appears in 4 contracts

Samples: Supplemental Indenture (E Trade Financial Corp), Supplemental Indenture (E Trade Financial Corp), Supplemental Indenture (E Trade Financial Corp)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create directly or indirectly create, incur, assume or suffer permit to be incurred exist (upon the happening of a contingency or to exist, otherwise) any Lien on its or their with respect to any property or assetsasset (including, without limitation, any document or instrument in respect of goods or accounts receivable) of the Company or any such Subsidiary, whether now owned or held or hereafter acquired, or upon any income or profits therefrom, or transfer assign or otherwise convey any property for the purpose of subjecting the same right to the payment of obligations in priority to the payment of its receive income or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devicesprofits, except:

Appears in 4 contracts

Samples: Note Purchase Agreement (Otter Tail Corp), Guaranty Agreement (Otter Tail Corp), Note Purchase Agreement (Otter Tail Corp)

Limitation on Liens. The Company will not, and will not permit the Trust or any other Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit the Trust or any other Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 3 contracts

Samples: Purchase Agreement (Pengrowth Energy Trust), Purchase Agreement (Pengrowth Energy Trust), Pengrowth Energy Trust

Limitation on Liens. (a) The Company will not, and will not permit any Restricted Subsidiary to, create directly or indirectly, create, incur, assume or suffer to be incurred or to exist, exist any Lien of any kind (except for Permitted Liens) or assign or otherwise convey any right to receive any income, profits or proceeds on its or their with respect to any of the Company’s or any Restricted Subsidiary’s property or assets, including any shares or stock or Debt of any Restricted Subsidiary, whether now owned at or hereafter acquiredacquired after the Closing Date, or upon any income income, profits or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, exceptproceeds therefrom unless:

Appears in 3 contracts

Samples: Indenture, Indenture, Indenture

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien mortgage, pledge, security interest, encumbrance, lien or charge of any kind on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 3 contracts

Samples: Credit Agreement (Amcol International Corp), Note Agreement (Fuller H B Co), Credit Agreement (Amcol International Corp)

Limitation on Liens. (a) The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 2 contracts

Samples: Guaranty Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

Limitation on Liens. The Company Obligors will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire or agree to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 2 contracts

Samples: Note Purchase Agreement (Lincoln Electric Holdings Inc), Note Purchase and Private Shelf Agreement (Lincoln Electric Holdings Inc)

Limitation on Liens. The Company will not, not and will not permit any Restricted Subsidiary to, to create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, including any capital stock of any Subsidiary, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment payments of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, unless the Notes are equally and ratably secured except:

Appears in 2 contracts

Samples: Intercreditor Agreement (Analysts International Corp), Note Purchase Agreement (Analysts International Corp)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any mortgage, pledge, security interest, encumbrance, Lien or charge of any kind on its or their property Property or assets, whether now owned or hereafter acquired, or assigned, or upon any income or profits therefrom, or transfer any property Property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property Property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 2 contracts

Samples: Note Agreement (Professional Lease Management Income Fund I LLC), Note Agreement (PLM Equipment Growth Fund)

Limitation on Liens. (a) The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, acquire or permit any Restricted Subsidiary to acquire, acquire any property or assets upon pursuant to conditional sales agreements or other title retention devices, except:

Appears in 2 contracts

Samples: Note Agreement (Johnson Worldwide Associates Inc), Note Agreement (Johnson Worldwide Associates Inc)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create directly or indirectly create, incur, assume or suffer permit to be incurred exist (upon the happening of a contingency or to exist, otherwise) any Lien on its or their with respect to any property or assetsasset (including, without limitation, any document or instrument in respect of goods or accounts receivable) of the Company or any such Subsidiary, whether now owned or held or hereafter acquired, or upon any income or profits therefrom, therefrom or transfer assign or otherwise convey any property for the purpose of subjecting the same right to the payment of obligations in priority to the payment of its receive income or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devicesprofits, except:

Appears in 2 contracts

Samples: Private Shelf Agreement (Wausau Paper Corp.), Note Agreement (Wausau Paper Corp.)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien mortgage, pledge, security interest, encumbrance, lien or charge of any kind on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 2 contracts

Samples: Note Purchase Agreement (Pentair Inc), Financial Federal Corp

Limitation on Liens. (a) The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Agreement (Amcast Industrial Corp)

Limitation on Liens. The Company will not, and will not permit -------------------------------- any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Assumption Agreement (Bei Technologies Inc)

Limitation on Liens. The Company will not, and will not --------------------------------- permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: U S Rentals Inc

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred assume or permit to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Regulatory Services Agreement (Nasdaq Stock Market Inc)

Limitation on Liens. (a) The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional Conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Agreement (Wolverine World Wide Inc /De/)

Limitation on Liens. The Company will not, and will not permit any Restricted Primary Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien of any kind on its or their property or assetsProperty, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property Property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property Property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create directly or indirectly create, incur, assume or suffer permit to be incurred exist (upon the happening of a contingency or to exist, otherwise) any Lien on its or their with respect to any property or assetsasset (including, without limitation, any document or instrument in respect of goods or accounts receivable) of the Company or any Restricted Subsidiary, whether now owned or held or hereafter acquired, or upon any income or profits therefrom, or transfer assign or otherwise convey any property for the purpose of subjecting the same right to the payment of obligations in priority to the payment of its receive income or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devicesprofits), except:

Appears in 1 contract

Samples: Egl Inc

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred exist any Lien, assignment or to exist, transfer upon or of any Lien on of its properties or their property or its assets, whether real, personal or intangible, and now owned or hereafter acquired, to secure any indebtedness for money borrowed without making effective provision whereby all of the Securities shall be directly secured equally and rateably with the indebtedness secured by such Lien, assignment or upon any income or profits therefromtransfer; excluding, or transfer any property for however, from the purpose operation of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, exceptforegoing provision:

Appears in 1 contract

Samples: Indenture (Pacificare Health Systems Inc /De/)

Limitation on Liens. The Company will not, and will not permit any of its Restricted Subsidiary Subsidiaries to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any of its Restricted Subsidiary Subsidiaries to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Purchase Agreement (Dames & Moore Inc /De/)

Limitation on Liens. The (a) Except as set forth in Section 5.8(b) below, the Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Agreement (Semco Energy Inc)

Limitation on Liens. The Company will not, and will not permit any Restricted Consolidated Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien mortgage, pledge, security interest, encumbrance, lien or choke of any kind on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Consolidated Subsidiary to acquire, any property or assets wets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Trust Indenture (Ramsay Health Care Inc)

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Limitation on Liens. (a) The Company will not, and ------------------- will not permit any Restricted Subsidiary to, create or create, incur, assume or suffer permit to be incurred or to exist, exist any Lien on its or their any property or assets, whether asset now owned or hereafter acquiredacquired by it, or upon assign or sell any income or profits therefromrevenues (including accounts receivable, other than doubtful accounts sold in lieu of collection in the ordinary course of business) or transfer rights in respect of any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devicesthereof, except:

Appears in 1 contract

Samples: Credit Agreement (RCN Corp /De/)

Limitation on Liens. The Company will shall not, and will shall not permit any Restricted Subsidiary to, create or incurcreate, assume or suffer to be incurred or to exist, exist any Lien on upon any of its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to other than the payment of its or their general creditors, Notes or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Amcast Industrial Corp

Limitation on Liens. The Company Lessee will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Participation Agreement (Cubic Corp /De/)

Limitation on Liens. The Company will not, and will not permit any Restricted Consolidated Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, Allied Capital Corporation 2003 Note Agreement acquire any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Agreement (Allied Capital Corp)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred exist any Lien, assignment or to exist, transfer upon or of any Lien on of its properties or their property or its assets, whether real, personal or intangible, and now owned or hereafter acquired, to secure any indebtedness for money borrowed without making effective provision whereby all of the Securities shall be directly secured equally and ratably with the indebtedness secured by such Lien, assignment or upon any income or profits therefromtransfer; excluding, or transfer any property for however, from the purpose operation of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, exceptforegoing provision:

Appears in 1 contract

Samples: Indenture (Pacifcare Operations Inc)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire or agree to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Purchase Agreement (Nui Corp /Nj/)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, acquire any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Purchase Agreement (Pittway Corp /De/)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien of any kind on its or their property or assetsProperty, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property Property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property Property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create directly or indirectly, create, incur, assume or suffer to be incurred or to exist, exist any Lien on its or their property or assets, whether any asset now owned or hereafter acquired, or upon any income or profits therefrom, or transfer assign or convey any property for the purpose of subjecting the same right to the payment of obligations receive income therefrom, in priority to the payment of its or their general creditorseach case, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:than Permitted Liens.

Appears in 1 contract

Samples: Indenture (Phibro Animal Health Corp)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for Meritage Corporation Note Agreement the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Agreement (Meritage Corp)

Limitation on Liens. The Company Corporation will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien of any kind on its or their property or assetsProperty, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property Property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire or agree to acquire, any property Property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Credit Agreement (Alumax Inc)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or create, incur, assume or suffer permit to be incurred or to exist, exist any Lien on its or their any property or assets, whether asset now owned or hereafter acquiredacquired by it, or upon assign or sell any income or profits therefrom, revenues (including accounts receivable) or transfer rights in respect of any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devicesthereof, except:

Appears in 1 contract

Samples: Private Shelf Agreement (Miller Herman Inc)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon pursuant to conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Guaranty Agreement (Precision Castparts Corp)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property Property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property Property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property Property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Agreement (Russell Corp)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Guaranty Agreement (Davey Tree Expert Co)

Limitation on Liens. The Company will not, and will not permit any Restricted Subsidiary Guarantor to, create or incur, or suffer to be incurred or to exist, any Lien on its or their property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, or permit any Restricted Subsidiary Guarantor to acquire, any property or assets upon conditional sales agreements or other title retention devices, except:

Appears in 1 contract

Samples: Note Purchase Agreement (Aecom Technology Corp)

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