Prohibition on Additional Negative Pledges. The Servicer shall not enter into or assume any agreement (other than this Agreement and the other Transaction Documents) prohibiting the creation or assumption of any Lien upon the Purchased Assets or otherwise prohibiting or restricting any transaction contemplated hereby or by the other Transaction Documents, and the Servicer shall not enter into or assume any agreement creating any Lien upon the Subordinated Notes.
Appears in 12 contracts
Sources: Receivables Purchase Agreement (Cencora, Inc.), Receivables Purchase Agreement (Amerisourcebergen Corp), Receivables Purchase Agreement (Henry Schein Inc)
Prohibition on Additional Negative Pledges. The Master Servicer shall will not enter into or assume any agreement (other than this Agreement and the other Transaction Documents) (i) prohibiting the creation or assumption of any Lien Adverse Claim upon the Purchased Assets except as contemplated by the Transaction Documents, or otherwise prohibiting or restricting any transaction contemplated hereby or by the other Transaction Documents, and the Servicer shall not enter into Documents or assume any agreement (ii) creating any Lien Adverse Claim upon the Subordinated NotesIntercompany Note (as defined in the Receivables Sale Agreement).
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