Restrictions on Negative Pledges Sample Clauses

Restrictions on Negative Pledges. The Parent Borrower will not, nor will the Parent Borrower permit any of its Restricted Subsidiaries to become and remain a party to any Contractual Obligations (other than this Agreement or any other Loan Document) that expressly prohibits any Credit Party from creating, incurring, assuming or suffering to exist Liens on the Collateral of such Credit Party for the benefit of the Lenders with respect to the Obligations outstanding under the Loan Documents; except:
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Restrictions on Negative Pledges. The Borrower will not enter into any agreement (excluding this Credit Agreement and the other Credit Documents) prohibiting the creation or assumption of any lien upon its properties, revenues or assets, whether now owned or hereafter acquired.
Restrictions on Negative Pledges. The Company will not, nor will it permit any of its Subsidiaries to, except for those existing agreements set forth and described on Schedule 10.12, enter into or permit to exist any arrangement or agreement (excluding this Agreement, the Credit Line Agreement, the Loan Documents and the "Loan Documents" under and as defined in the Credit Line Agreement and except any industrial revenue or development bonds, agreements governing any purchase money liens, acquisition agreements or Capitalized Leases or operating leases entered into in the ordinary course of business otherwise permitted hereby (in which case any prohibition or limitation shall only be effective against the assets financed, acquired or leased thereby) which directly or indirectly prohibits the Company or any of its Subsidiaries from creating, assuming or incurring any Lien in favor of the Banks or the Agent upon its properties, revenues or assets or those of any of its Subsidiaries whether now owned or hereafter acquired.
Restrictions on Negative Pledges. The Borrower shall not, and shall not permit any Material Subsidiary to, enter into any indenture, agreement, instrument or other arrangement (other than the Senior Indenture) that (or modify any indenture, agreement, instrument or other arrangement such that it), directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon, the granting of Liens by the Borrower or any Material Subsidiary of the Borrower to the Administrative Agent for the benefit of the Lenders.
Restrictions on Negative Pledges. The Borrower will not, and will not permit any of its Subsidiaries to, become bound by any agreement (other than this Credit Agreement, the other Loan Documents and the Senior Indenture) which limits or restricts the ability of such Person to grant liens and security interests on its property.
Restrictions on Negative Pledges. The Borrower will not permit, and will not permit any of its Subsidiaries to, enter into any agreement other than the Senior Credit Agreement or agreements evidencing other Additional Permitted Senior Debt which prohibits or limits the ability of the Borrower, any of its Subsidiaries, any Guarantor or any of the M/I Ancillary Businesses to create, incur, assume or suffer to exist any Lien upon any of its assets, rights, revenues or property, real, personal or mixed, tangible or intangible, whether now or hereafter acquired.
Restrictions on Negative Pledges. The Company will not permit, and will not permit any of its Subsidiaries to, enter into any agreement other than the Credit Agreement which prohibits or limits the ability of the Company, any of its Subsidiaries or any of the M/I Ancillary Businesses to create, incur, assume or suffer to exist any Lien upon any of its assets, rights, revenues or property, real, personal or mixed, tangible or intangible, whether now or hereafter acquired.
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Restrictions on Negative Pledges. 47 8.12 DISTRIBUTIONS................................................................................47 8.13 EXIT STRATEGY PROJECTS.......................................................................47 8.14
Restrictions on Negative Pledges. The Borrower shall not, and shall not permit any of its Restricted Subsidiaries to, create or incur or agree, consensually or otherwise, to the terms of, any negative pledge or other agreement restricting the granting of liens with respect to its properties and assets or the properties and assets of its Restricted Subsidiaries.
Restrictions on Negative Pledges. If Borrower or any of its Subsidiaries shall agree to any "negative pledge" or like agreement more restrictive (or otherwise more generous to its beneficiaries) in its scope than Section 6.9, then, without any further action being required, the provisions of such agreement relating to the prohibition on Liens shall be deemed incorporated by reference (with appropriate modifications as may be necessary) into this Agreement for the benefit of Lenders; provided that the foregoing covenant shall not apply to the prohibitions on Liens contained in the loan documents relating to the Government Properties Assumed Indebtedness as of the date of the merger of Government Properties with and into Hub and not created in contemplation of such merger.
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