Common use of Permitted Encumbrances Clause in Contracts

Permitted Encumbrances. (c) any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Date set forth on Schedule 7.2; provided, that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;

Appears in 7 contracts

Samples: Credit and Term Loan Agreement (First Acceptance Corp /De/), Revolving Credit Agreement (Stein Mart Inc), Revolving Credit Agreement (Haverty Furniture Companies Inc)

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Permitted Encumbrances. (cb) any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Date set forth on Schedule 7.2; provided, that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;

Appears in 3 contracts

Samples: Revolving Credit Agreement (Northern Border Pipeline Co), Revolving Credit Agreement (Aaron Rents Inc), Revolving Credit Agreement (Ruby Tuesday Inc)

Permitted Encumbrances. (cb) any Liens Lien on any property or asset of the Borrower or any Subsidiary existing on the Closing Date date hereof and set forth on in Schedule 7.28.02; provided, provided that (i) such Lien shall not apply to any other property or asset of the Borrower or any SubsidiarySubsidiary and (ii) such Lien shall secure only those obligations which it secures on the date hereof and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof;

Appears in 2 contracts

Samples: Credit Agreement (Pegasus Systems Inc), Credit Agreement (Pegasus Solutions Inc)

Permitted Encumbrances. (c2) any Liens Lien on any property or asset of the Borrower or any Subsidiary existing on the Closing Date date hereof and set forth on in Schedule 7.26.03; provided, provided that (i) such Lien shall not apply to any other property or asset of the Borrower or any SubsidiarySubsidiary and (ii) such Lien shall secure only those obligations which it secures on the date hereof and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof;

Appears in 2 contracts

Samples: Credit Agreement (Claiborne Liz Inc), Credit Agreement (Borgwarner Inc)

Permitted Encumbrances. (cb) any Liens Lien on any property or asset of the Borrower or any Subsidiary existing on the Closing Date date hereof and set forth on in Schedule 7.26.02; provided, provided that (i) such Lien shall not apply to any other property or asset of the Borrower or any SubsidiarySubsidiary and (ii) such Lien shall secure only those obligations which it secures on the date hereof and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof;

Appears in 2 contracts

Samples: Credit Agreement (Efunds Corp), Credit Agreement (Renaissance Media Capital Corp)

Permitted Encumbrances. (c) any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Date set forth on Schedule 7.2; provided, ------------ -------- that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;

Appears in 2 contracts

Samples: Revolving Credit Agreement (Mapics Inc), Revolving Credit Agreement (Watsco Inc)

Permitted Encumbrances. (ci) any Liens on any property or asset of the Borrower or any Subsidiary of its Subsidiaries existing on the Closing Date date hereof and set forth on Schedule 7.2; provided, provided that such Lien Liens shall not apply to any other property or asset of the Borrower or any Subsidiary;

Appears in 1 contract

Samples: Credit Agreement (Ensign Group, Inc)

Permitted Encumbrances. (c) any Any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Date set forth on Schedule 7.2; provided, that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;; and

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Lone Star Steakhouse & Saloon Inc)

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Permitted Encumbrances. (c) any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Date set forth on Schedule 7.2; provided, provided that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;; and

Appears in 1 contract

Samples: Revolving Credit Agreement (Amsurg Corp)

Permitted Encumbrances. (c) any Any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Date set forth on Schedule SCHEDULE 7.2; providedPROVIDED, that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;; and

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Lone Star Steakhouse & Saloon Inc)

Permitted Encumbrances. (cb) any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Effective Date set forth on Schedule 7.2; provided, that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;

Appears in 1 contract

Samples: Agreement

Permitted Encumbrances. (c) any Liens on any property or asset of the Borrower or any Subsidiary existing on the Closing Date set forth on Schedule 7.2; provided, that such Lien shall not apply to any other property or asset of the Borrower or any Subsidiary;Borrower; and

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Central Freight Lines Inc/Tx)

Permitted Encumbrances. (c) any Liens Lien on any property or asset of the Borrower or any Subsidiary existing on the Closing Effective Date and set forth on in Schedule 7.26.02; provided, provided that (A) such Lien shall not apply to any other property or asset of the Borrower or any SubsidiarySubsidiary and (B) such Lien shall secure only those obligations which it secures on the Effective Date and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof;

Appears in 1 contract

Samples: Credit Agreement (Wright Medical Group Inc)

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