Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 35 contracts
Samples: Agreement (Solutia Inc), Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security or Quasi Security over any of its assets.
Appears in 9 contracts
Samples: Facility Agreement (Rockwood Specialties Group Inc), Agreement (Rockwood Specialties Group Inc), Facility Agreement (Inmarsat Holdings LTD)
Negative Pledge. (a) No Except as permitted under paragraph (b) below, no Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over or with respect to any of its assets, whether now owned or hereafter acquired, or assign any right to receive income.
Appears in 7 contracts
Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)
Negative Pledge. (a) No Each Obligor shall (not, and the Company shall ensure procure that no other member of the Group Company will) , create or permit to subsist any Security over all or any of its assetsassets in respect of Borrowings.
Appears in 5 contracts
Samples: Syndicated Revolving Credit Agreement (Ibasis Inc), Credit Agreement (Koninklijke KPN N V), Agreement (Koninklijke KPN N V)
Negative Pledge. (a) No Obligor Subject to paragraph (b) below, the Company shall not (and the Company shall ensure that no other member of the Group Company will) create or permit to subsist any Security over any of its assets.assets other than:
Appears in 5 contracts
Samples: Facility Agreement (Sappi LTD), Credit Agreement (Sappi LTD), Amending Agreement (Sappi LTD)
Negative Pledge. (a) No Obligor shall Subject to paragraph (and b) below, the Company shall ensure not, and shall procure that no other member of the Group will) , create or permit to subsist subsist, any Security over Interest on any of its assets.
Appears in 4 contracts
Samples: Agreement (Scottish Power PLC), Agreement (Scottish Power PLC), Agreement (Scottish Power PLC)
Negative Pledge. (a) 28.3.1 No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 3 contracts
Samples: Agreement (Shire PLC), Facilities Agreement (Shire PLC), Agreement (Shuttle Corp)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security or non disposal undertaking over any of its assets.
Appears in 3 contracts
Samples: Facility Agreement (WNS (Holdings) LTD), Facility Agreement (WNS (Holdings) LTD), Facility Agreement (WNS (Holdings) LTD)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Restricted Group willshall) create or permit to subsist any Security over any of its assets.
Appears in 3 contracts
Samples: Agreement (Misys PLC), Agreement (Misys PLC), Agreement (Misys PLC)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group Material Subsidiary will) create or permit to subsist any Security Lien over any of its assets.
Appears in 3 contracts
Samples: First Supplemental Indenture (Petroleum Geo Services Asa), First Supplemental Indenture (Petroleum Geo Services Asa), Petroleum Geo Services Asa
Negative Pledge. (a) No Obligor Subject to paragraph (c) below, the Company shall not (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 3 contracts
Samples: Agreement (Best Buy Co Inc), Agreement (Best Buy Co Inc), Agreement (Best Buy Co Inc)
Negative Pledge. (a) No Obligor The Company shall not (and the Company shall ensure that no other member of the Group willshall) create or permit to subsist any Security over any of its assetsassets other than Permitted Security.
Appears in 3 contracts
Samples: Facility Agreement (Aon Corp), Agreement (Aon Corp), Agreement (Aon Corp)
Negative Pledge. (a) No Obligor shall (shall, and the Company shall ensure procure that no other member of the Group or a Borrowing Group Member will) , create or permit to subsist any Security over Interest on any of its assets.
Appears in 2 contracts
Samples: Agreement (Rhodia), Agreement (Rhodia)
Negative Pledge. (a) No Obligor shall (and the Company shall at all times ensure that no other member of the Group will) , without the prior written consent of the Majority Banks create or permit to subsist any Security over all or any of its assets.present or future revenues or assets other than:
Appears in 2 contracts
Samples: Facility Agreement (Wolseley PLC), Agreement (Wolseley PLC)
Negative Pledge. (a) No Except as provided below, no Obligor shall (may, and the Company shall ensure procure that no other member of the Material Group Member will) , create or permit allow to subsist exist any Security over Interest on any of its present or future assets.
Appears in 2 contracts
Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group Material Company will) create or permit to subsist any Security for or in respect of Financial Indebtedness over any of its assetsassets other than Permitted Security.
Appears in 2 contracts
Samples: Facilities Agreement (HeidelbergCement AG), Facilities Agreement (HeidelbergCement AG)
Negative Pledge. (a) No Obligor Except as permitted under paragraph (b) below, the Company shall not (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its their respective assets.
Appears in 2 contracts
Samples: Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS)
Negative Pledge. (a) No Obligor shall (and the Company Guarantors shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 2 contracts
Samples: Subscription Agreement (WMC Resources Inc), Subscription Agreement (WMC Resources Inc)
Negative Pledge. (a) No Obligor shall (The Company will not, and the Company shall it will ensure that no other member of the Group will) , create or permit to subsist have outstanding any Security on or over any of its their respective assets., except for:
Appears in 2 contracts
Samples: Multicurrency Revolving Facilities Agreement (Gallaher Group PLC), Multicurrency Revolving Facilities Agreement (Gallaher Group PLC)
Negative Pledge. (a) No Obligor shall (and the Company Guarantor shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 2 contracts
Samples: Agreement (Reckitt Benckiser Group PLC), WMC Resources LTD
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security Interest over any of its assets.
Appears in 2 contracts
Samples: Agreement (E. Merck oHG), Agreement (Merck Kgaa /Fi)
Negative Pledge. (a) 21.3.1 No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Negative Pledge. (a) No To the extent legally possible under section 1136 of the Civil Code no Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Negative Pledge. (a) No Subject to clause 22.3(b), no Obligor shall (and the Company shall ensure that no other member of the Restricted Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Reuters Group PLC /Adr/
Negative Pledge. (a) No Obligor shall (and the The Company shall ensure not, and shall procure that no other member of the Group will) , create or permit to subsist any Security over Interest on any of its assetsassets without the consent of the Lender.
Appears in 1 contract
Samples: Agreement (Hutchison Telecommunications International LTD)
Negative Pledge. 1. Except as permitted under paragraph (ab) No below, no Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over or with respect to any of its assets, whether now owned or hereafter acquired, or assign any right to receive income.
Appears in 1 contract
Negative Pledge. (a) No Obligor The Company shall (not, and the Company shall ensure that no other member of the Group will) , create or permit allow to subsist subsist, retain, provide, prolong or renew any Security over any of its assetsits/their assets (present or future) to secure any loan or other indebtedness, provided that the members of the Group have a right to retain, provide, prolong and renew any Permitted Security.
Appears in 1 contract
Samples: Eagle Bulk Shipping Inc.
Negative Pledge. (a) No Except as permitted under paragraph (b) below, no Obligor shall (shall, and the Company each Obligor shall ensure that no other member of the Group will) , create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Credit Facilities Agreement (Wanda Sports Group Co LTD)
Negative Pledge. (a) No Obligor shall (shall, and the Company shall ensure procure that no other member of the Group will) , create or permit to subsist any Security over Interest on any of its assetsassets other than Permitted Security Interests.
Appears in 1 contract
Samples: Agreement (Meggit PLC)
Negative Pledge. (aA) No Obligor shall (and the Parent Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Assignment Agreement (Shire PLC)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security or Quasi-Security over any of its assetsassets except for Permitted Security provided that this Clause 20.6 (Negative pledge) shall not apply to an Unrestricted Subsidiary.
Appears in 1 contract
Samples: Subscription Agreement (Radius Global Infrastructure, Inc.)
Negative Pledge. (a) No Obligor shall (and the Company each Obligor shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Facility Agreement (CTC Media, Inc.)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets. *** Confidential material redacted and filed separately with the Commission.
Appears in 1 contract
Samples: Multicurrency Loan Facility and Subscription Agreement (Xstrata PLC)
Negative Pledge. (a) No Obligor shall (shall, and the Company shall ensure procure that no other member of the Group will) , create or permit to subsist any Security on or over any of its assetsassets except for any Permitted Security.
Appears in 1 contract
Samples: Facilities Agreement (Syngenta Ag)
Negative Pledge. (a) No Obligor shall (and the Company Guarantor shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Agreement (Whirlpool Corp /De/)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group Material Subsidiary will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Facilities Agreement (Coca-Cola Hellenic Bottling Co Sa)
Negative Pledge. (a) No Obligor The Company shall not (and the Company shall ensure that no other member of the Group Company will) create or permit to subsist any Security over any of its assets.assets other than:
Appears in 1 contract
Samples: Credit Agreement (Sappi LTD)
Negative Pledge. (a) No Each Obligor shall (not, and the Company shall ensure procure that no other member of the Group Company will) , create or permit to subsist any Security over all or any of its assets.
Appears in 1 contract
Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V)
Negative Pledge. (a) No Obligor shall (shall, and the Company shall ensure procure that no other member of the Group will) shall, create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Agreement (Melrose PLC)
Negative Pledge. (a) No Each Obligor hereto shall (not and the Company shall ensure that no other member of the Group will) , create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Negative Pledge. (a) No Obligor Borrower shall (and the Company shall ensure that no other member of the Group Material Subsidiary will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Multicurrency Term and Revolving Facilities Agreement (Tenedor CORP)
Negative Pledge. (a) No Obligor shall (and the Company Parent shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Negative Pledge. (a) No Obligor shall (shall, and the Company shall ensure procure that no other member of the Group will) , create or permit to subsist any Security over Interest on any of its assets.
Appears in 1 contract
Negative Pledge. (a) No Obligor Borrower shall (and the Principal Company shall ensure that no other member of the Core Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Agreement (General Geophysics Co)
Negative Pledge. (a) No Except as provided for in paragraph (c) below, no Obligor shall (and the Company shall ensure that no neither it nor any other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Negative Pledge. (a) 29.3.1 No Obligor shall (and the Parent Company shall ensure that no other member of the Group will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Facilities Agreement (Shire Pharmaceuticals Group PLC)
Negative Pledge. (a) No Except as permitted by paragraph (c) below, no Obligor shall (and the Company shall ensure that no other member of the Group willshall) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Negative Pledge. (a) No Obligor shall (and the Company Parent shall ensure that no other member of the Group Group, other than a Project Finance Subsidiary, will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Multicurrency Revolving Credit and Guarantee (Subsea 7 S.A.)
Negative Pledge. (a) No Obligor shall (and the Company shall ensure that no other member of the Group will) create or permit to subsist any Security or Quasi-Security over any of its assetsassets other than Permitted Security.
Appears in 1 contract
Samples: Facility Agreement (Amc Entertainment Holdings, Inc.)
Negative Pledge. (a) No Obligor shall (and the Company Original Guarantor shall ensure procure that no other member of the Group willCompany shall) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Immunic, Inc.
Negative Pledge. (a) No Obligor shall shall, (and the Company shall ensure that no other member of the Group Relevant Company will) create or permit to subsist any Security over any of its assets.
Appears in 1 contract
Samples: Agreement (Rio Tinto PLC)
