Common use of Limitation on Negative Pledges Clause in Contracts

Limitation on Negative Pledges. Enter into or suffer to exist or become effective any agreement or other arrangement that prohibits, restricts or imposes any condition upon the ability of the Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any Collateral (other than Securities in Securitization Entities), whether now owned or hereafter acquired, to secure the Obligations, except for any restrictions that:

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Ares Commercial Real Estate Corp), Credit and Guaranty Agreement (Hunt Companies Finance Trust, Inc.), Credit and Guaranty Agreement (Ares Commercial Real Estate Corp)

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Limitation on Negative Pledges. Enter into into, incur or suffer permit to exist or become effective exist, any agreement agreement, instrument, deed, lease or other arrangement that prohibits, restricts or imposes any condition upon the ability of the Borrower or any of its Subsidiaries to create, incur, assume incur or suffer permit to exist any Lien upon any Collateral (other than Securities in Securitization Entities)of the Collateral, whether now owned or hereafter acquired, to secure the Obligations, except for any restrictions that:the Servicing Contract, this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Rocket Companies, Inc.)

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Limitation on Negative Pledges. Enter into into, incur or suffer permit to exist or become effective exist, any agreement agreement, instrument, deed, lease or other arrangement that prohibits, restricts or imposes any condition upon the ability of the Borrower or any of its Subsidiaries to create, incur, assume incur or suffer permit to exist any Lien upon any Collateral (other than Securities in Securitization Entities)of the Collateral, whether now owned or hereafter acquired, to secure the Obligations, except for any restrictions that:this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Caliber Home Loans, Inc.)

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