Common use of Restrictions on Borrowing Clause in Contracts

Restrictions on Borrowing. So long as the Indebtedness is outstanding, Borrower shall not, nor permit any Subsidiary to, create, incur, assume or suffer to exist any liability for borrowed money, other than as permitted in Section 5.03, without the consent of Lender which consent shall not be unreasonably withheld. Borrower will not enter into or become subject to, and will not permit any of its Subsidiaries to enter into or become subject to, any agreement (other than this Agreement) that prohibits or otherwise restricts the right of such Borrower or its Subsidiaries to create, incur, assume or suffer to exist any Lien in favor of the Lender on any of such Borrower's, or any of its Subsidiaries', assets.

Restrictions on Borrowing. So long as the Indebtedness is outstanding, Borrower shall not, nor permit any Subsidiary to, create, incur, assume or suffer to exist any liability for borrowed money, other than as permitted in Section SECTION 5.03, without the consent of Lender which consent shall not be unreasonably withheld. Borrower will not enter into or become subject to, and will not permit any of its Subsidiaries to enter into or become subject to, any agreement (other than this Agreement) that prohibits or otherwise restricts the right of such Borrower or its Subsidiaries to create, incur, assume or suffer to exist any Lien in favor of the Lender on any of such Borrower's, or any of its Subsidiaries', assets.