Common use of Other Financing Statements and Liens Clause in Contracts

Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for the pledges and security interests in favor of the Collateral Trustee for the benefit of the Secured Parties created pursuant hereto or provided for herein, which pledges and security interests constitute first priority and second priority perfected pledges and security interests in and to all of the Pledged Collateral as provided in Section 3.

Appears in 2 contracts

Samples: Pledge Agreement (Midwest Generation LLC), Interests Pledge Agreement (Midwest Generation LLC)

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Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for the pledges and security interests in favor of the Collateral Trustee Administrative Agent for the benefit of the Secured Parties Lenders created pursuant hereto or provided for herein, which pledges and security interests constitute a first priority and second priority perfected pledges pledge and security interests interest in and to all of the Pledged Collateral as provided in Section 3Collateral.

Appears in 2 contracts

Samples: Security Agreement (Edison Mission Energy), Security Agreement (Edison Mission Energy)

Other Financing Statements and Liens. (a1) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Holdings Pledged Collateral at any time, except for the pledges pledge and security interests interest in favor of the Holdings Collateral Trustee Agent for the benefit of the Secured Parties created pursuant hereto or provided for herein, which pledges pledge and security interests interest constitute a first priority and second priority perfected pledges pledge and security interests interest in and to all of the such Holdings Pledged Collateral as provided in Section 3Collateral.

Appears in 1 contract

Samples: Intercreditor Agreement (Midwest Generation LLC)

Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for the pledges and security interests in favor of the Collateral Trustee for the benefit of the Secured Parties created pursuant hereto or provided for herein, which pledges and security interests constitute first priority and second priority perfected pledges and security interests in and to all of the Pledged Collateral as provided in Section 3.

Appears in 1 contract

Samples: Security Agreement (Midwest Generation LLC)

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Other Financing Statements and Liens. (a) The Obligor shall not create, incur, assume or suffer to exist any Lien upon the Pledged Collateral at any time, except for (i) Permitted Liens and (ii) the pledges and security interests in favor of the Collateral Trustee for the benefit of the Secured Parties created pursuant hereto or provided for herein, which pledges and security interests constitute first priority and second priority perfected pledges and security interests in and to all of the Pledged Collateral as provided in Section 3.

Appears in 1 contract

Samples: Severability   15 Security Agreement (Midwest Generation LLC)

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