Common use of No Impairment of the Security Interests Clause in Contracts

No Impairment of the Security Interests. Except as otherwise permitted under this Indenture and the Collateral Documents, none of the Company nor any of the Note Guarantors shall be permitted to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the security interest with respect to the Collateral for the benefit of the Trustee, the Notes Collateral Agent and the Holders of the Notes.

Appears in 7 contracts

Samples: First Supplemental Indenture (Invacare Corp), First Supplemental Indenture (Invacare Corp), Indenture (Nextnav Inc.)

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No Impairment of the Security Interests. Except as otherwise permitted under this Indenture Indenture, the Collateral Trust Agreement, any Intercreditor Agreement and the Collateral other Notes Documents, none of neither the Company nor any of the Note Guarantors shall will be permitted to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the security interest with respect to the Collateral for the benefit of the Trustee, the Notes Collateral Agent Trustee and the Holders of the Notes.

Appears in 3 contracts

Samples: Indenture (Concordia International Corp.), Indenture (Concordia Investment Holdings (Jersey) LTD), Indenture (Concordia International Corp.)

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No Impairment of the Security Interests. Except as otherwise permitted under this Indenture Agreement and the Collateral other Note Documents, none of neither the Company nor any of the Note Guarantors shall will be permitted to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the security interest with respect to the Collateral for the benefit of the Trustee, the Notes Collateral Agent and the Holders of the NotesHolders.

Appears in 1 contract

Samples: Note Purchase Agreement (Global Cash Access Holdings, Inc.)

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