Common use of Negative Pledges Clause in Contracts

Negative Pledges. Neither such Borrower nor any of its Subsidiaries will enter into any agreement (excluding this Credit Agreement and the Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc)

Negative Pledges. Neither such Borrower nor The Borrowers will not, and will not permit any of its their Subsidiaries will to, enter into any agreement (excluding other than this Agreement, the Senior Credit Agreement and the Loan other Senior Credit Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its their Subsidiaries, whether now owned or hereafter acquired acquired, other than those agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2Section 7.3.

Appears in 1 contract

Sources: 12% Senior Subordinated Note and Warrant Purchase Agreement (Allou Health & Beauty Care Inc)

Negative Pledges. Neither such The Borrower nor will not and will not permit any of its Subsidiaries will to enter into any agreement (excluding this Credit Agreement Agreement, the other Loan Documents and the Loan Granite Subordinated Debt Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2Section 11.2.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Cyalume Technologies Holdings, Inc.)

Negative Pledges. Neither such Borrower the Company nor any of its Subsidiaries will enter into any agreement (excluding this Credit Agreement and the Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired acquired, other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2ss.11.2.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Genrad Inc)

Negative Pledges. Neither such The Borrower nor will not and will not permit any of its Subsidiaries will to enter into any agreement (excluding this Credit Agreement Agreement, the other Loan Documents and the Loan Senior Debt Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2Section 11.2.

Appears in 1 contract

Sources: Subordinated Loan Agreement (Cyalume Technologies Holdings, Inc.)

Negative Pledges. Neither such the Borrower nor any of its Subsidiaries will enter into any agreement (excluding this Credit Agreement and the Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2(S)9.2.

Appears in 1 contract

Sources: Revolving Credit Agreement (Jordan Telecommunication Products Inc)

Negative Pledges. Neither such Holdings, the Borrower nor any of its their Subsidiaries other than the Unrestricted Subsidiaries will enter into any agreement (excluding this Credit Agreement and the other Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2(S)9.2.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ameriking Inc)

Negative Pledges. Neither such the Borrower nor any of its Subsidiaries the Guarantors will enter into any agreement (excluding other than this Credit Agreement and the other Loan DocumentsDocument) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired to secure any of the Obligations (or any refinancings thereof) other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2ss.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ionics Inc)

Negative Pledges. Neither such the Parent nor the Borrower will, nor ---------------- will they permit any of its their Subsidiaries will to, enter into any agreement (excluding this Credit Agreement and the other Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its their respective Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on only with respect to assets in which such Person has a prior security interest which is permitted by ss.9.2(S)11.2.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Chart House Enterprises Inc)

Negative Pledges. Neither such the Borrower nor any of its ---------------- Restricted Subsidiaries will enter into any agreement (excluding this Credit Agreement and the Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, Restricted Subsidiaries whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2ss.9.

Appears in 1 contract

Sources: Revolving Credit Agreement (Genesee & Wyoming Inc)

Negative Pledges. Neither such Borrower None of the Borrowers nor any of its their Restricted ---------------- Subsidiaries will enter into any agreement (excluding this Credit Agreement and the Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2(S)10.2.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Negative Pledges. Neither such None of AmeriKing, Holdings, the Borrower nor any -------- ------- of its their Subsidiaries other than the Unrestricted Subsidiaries will enter into any agreement (excluding this Credit Agreement and the other Revolver Loan Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets or those of any of its Subsidiaries, whether now owned or hereafter acquired other than agreements with Persons prohibiting any such lien on assets in which such Person has a prior security interest which is permitted by ss.9.2(S)9.2.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ameriking Inc)