Common use of Prohibited Liens; Prohibited Transfers Clause in Contracts

Prohibited Liens; Prohibited Transfers. (a) Except as otherwise permitted in Section 4.12 of the Indenture, Mortgagor shall not create, suffer, or permit to be created or filed against the Property any Lien superior or inferior to the lien created by this Second Mortgage.

Appears in 3 contracts

Samples: Playtex Sales & Services Inc, Playtex Sales & Services Inc, Playtex Sales & Services Inc

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Prohibited Liens; Prohibited Transfers. (a) Except as otherwise permitted in Section 4.12 3.2 of the IndentureCredit Agreement, Leasehold Mortgagor shall not create, suffer, or permit to be created or filed against the Property any Lien superior or inferior to the lien created by this Second Leasehold Mortgage.

Appears in 2 contracts

Samples: Greenville Tube CO, sec.report

Prohibited Liens; Prohibited Transfers. (a) Except as otherwise permitted in Section 4.12 5.1 of the IndentureCredit Agreement, Mortgagor shall not create, suffer, or permit to be created or filed against the Property any Lien superior or inferior to the lien created by this Second Mortgage.

Appears in 2 contracts

Samples: Mortgage, Security Agreement (Akorn Inc), Mortgage, Security Agreement (Akorn Inc)

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Prohibited Liens; Prohibited Transfers. (a) Except as otherwise permitted in Section 4.12 8.3 of the IndentureCredit Agreement, Mortgagor shall not create, suffer, or permit to be created or filed against the Property any Lien superior or inferior to the lien created by this Second Mortgage.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Mirant North America, LLC)

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