Common use of Negative Pledge Agreements Clause in Contracts

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s 's or such Subsidiary’s 's property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s Borrowers' property.

Negative Pledge Agreements. Permit Other than Senior Loan Documents, permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in Borrower's rights and interests in any of Borrower’s or such Subsidiary’s propertyCollateral.

Negative Pledge Agreements. Permit Shall permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s rights and interests in any Collateral or such Subsidiary’s its other property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary Borrower becomes a party (other than the documents evidencing and relating to the loans extended by Laurus Master Fund, Ltd.) of any provisions that could restrict or invalidate the creation or enforcement of a security interest in any of Borrower’s or such Subsidiary’s property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in Borrowers’ rights and interests in any of Borrower’s or such Subsidiary’s propertyCollateral.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary Guarantor becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such SubsidiaryGuarantor’s propertyproperty (including but not limited Borrower’s interest in the Guarantors).

Negative Pledge Agreements. Permit Except as set forth in the Schedule, permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s property.

Negative Pledge Agreements. Permit the inclusion in any -------------------------- contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in Borrower's rights and interests in any of Borrower’s or such Subsidiary’s propertyCollateral.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary Borrower becomes a party of any provisions that could restrict or invalidate the creation or enforcement of a security interest in any of Borrower’s or such Subsidiary’s 's property.

Negative Pledge Agreements. Permit Other than licenses in the ordinary course of business, permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s propertyIntellectual Property. 16 8.

Negative Pledge Agreements. Permit Except with respect to the Excluded Assets, permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s 's or such Subsidiary’s 's property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s 's or such Subsidiary’s property's property (provided that Borrower may enter into license agreements that contain provisions that restrict an encumbrance on, or assignment of, Borrower's rights as licensee thereunder).

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in Borrowers' rights and interests in any of Borrower’s or such Subsidiary’s propertyCollateral.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in the Borrower's rights and interests in any of Borrower’s or such Subsidiary’s propertyCollateral.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in Borrower’s rights and interests in any of Borrower’s property. Borrower shall not enter into any agreement (and will not permit any Subsidiary to enter any agreement) that prohibits or such restricts Borrower (or any Subsidiary) from encumbering or otherwise disposing of any part of Borrower’s property.

Negative Pledge Agreements. Permit the inclusion in any material contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s propertythe Collateral.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s 's or such Subsidiary’s 's property, except contracts relating to assets subject to Permitted Liens.

Negative Pledge Agreements. Permit Other than licenses in the ordinary course of business, permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s propertyintellectual Property.

Negative Pledge Agreements. Permit the inclusion in any contract -------------------------- to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in Borrower's rights and interests in any of Borrower’s 's property. Borrower shall not enter into any agreement (and will not permit any Subsidiary to enter any agreement) that prohibits or such restricts Borrower (or any Subsidiary’s ) from encumbering or otherwise disposing of any part of Borrower's property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s property, except contracts relating to Permitted Indebtedness or assets subject to Permitted Liens.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions provision that could restrict or invalidate the creation of a security interest in any of the Borrower’s or such Subsidiary’s property., other than under the Comerica Bank Loan, the August 2006 Promissory Note and the January 2006 Promissory Notes..

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s 's or such Subsidiary’s 's property, except for provisions that restrict or prohibit the assignment of, or granting of a security interest in, Borrower's rights with respect to an equipment leasing agreement or other equipment financing arrangement and Borrower's rights with respect to the equipment financed under such agreements.

Negative Pledge Agreements. Permit the inclusion in any contract agreement to which it or a Subsidiary becomes a party or by which it becomes bound of any provisions provision that could restrict prohibits or invalidate restricts the creation encumbrance or disposition of a security Borrower's right or interest in any of Borrower’s property, provided this section shall not prohibit such restrictions contained in one or more agreements between Borrower and Applied Materials Technology on technology and products jointly developed by such Subsidiary’s propertyentities or integrated into any products that Applied Materials Technology integrates into a product that it develops, sells or licenses.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s 's or such Subsidiary’s 's property, except contracts relating to Permitted Indebtedness or assets subject to Permitted Liens.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary Borrower becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s property.

Negative Pledge Agreements. Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s propertyrights and interests in any Collateral.

Negative Pledge Agreements. Permit the inclusion in any contract -------------------------- to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in Borrower's rights and interests in any Collateral. Borrower shall not enter into any agreement (and will not permit any Subsidiary to enter any agreement) that prohibits or restricts Borrower (or any Subsidiary) from encumbering or otherwise disposing of any part of Borrower’s or such Subsidiary’s 's property.