Negative Pledge Agreements definition

Negative Pledge Agreements means those certain (a) Negative Pledge Agreements, dated prior to the Closing Date, and (b) Negative Pledge Agreements, as may be entered into on or after the Closing Date, in each case, by the applicable Borrower party thereto, for the benefit of Agent, encumbering the owned Real Property referenced therein, in each case, (x) in form appropriate for recording with the appropriate Governmental Body of the jurisdiction in which the related owned Real Property is located and (y) otherwise in form and substance satisfactory to Agent.

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Negative Pledge Agreements means, a negative pledge agreement in form and substance reasonably acceptable to the Administrative Agent whereby the applicable Credit Party agrees not to grant any consensual Liens (other than Permitted Liens) on its owned real property, including each such negative pledge agreement in effect as of the Closing Date and each additional negative pledge agreement required pursuant to Section 8.14(d).

Negative Pledge Agreements means each of the Negative Pledge Agreements dated as of the Closing Date from the Subsidiaries of the Loan Parties listed on Schedule 7.1(v), as such may be modified, amended, restated or supplemented from time to time.

Examples of Negative Pledge Agreements in a sentence

• Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Negative Pledge Agreements each dated as of January 30, 2003 between Borrower and Bank, and acknowledges, confirms and agrees that said Negative Pledge Agreement shall remain in full force and effect.

• Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Negative Pledge Agreements each dated as of January 30, 2003 between Borrower and Bank, and acknowledges, confirms and agrees that said Negative Pledge Agreement shall remain in full force and effect, except that, as provided above, from and after the date hereof, the “Intellectual Property” as defined therein, shall not include and shall specifically exclude any Transferred Assets.

• The Negative Pledge Agreements in effect as of the Closing Date remain effective and filed in the applicable real property records.

• The Borrower further agrees to execute Negative Pledge Agreements for all Hotel Properties in the Negative Collateral Pool, such agreements to be in recordable form such that they can be recorded by the Agent in the proper land records office for the state and county where each such Collateral Pool Property is located.

• The effectiveness of the Negative Pledge Agreements shall not in any way be conditioned upon the recordation of such recordable instruments.

More Definitions of Negative Pledge Agreements

Negative Pledge Agreements means each Negative Pledge Agreement executed from time to time among Borrowers and Agent, in recordable form and otherwise in form and substance satisfactory to Agent.

Negative Pledge Agreements shall have the meanings given such terms in Section 3.2(b).

Negative Pledge Agreements means those certain (a) Negative Pledge Agreements, dated prior to the Closing Date, and (b) Negative Pledge Agreements, as may be entered into on or after the Closing Date, in each case, by the applicable Borrower party thereto, for the benefit of Agent, encumbering the owned Real Property referenced therein, in each case, (x) in form appropriate for recording with the appropriate Governmental Body of the jurisdiction in which the related owned Real Property is located and (y) otherwise in form and substance satisfactory to Agent. [Innovex] 2nd A&R Credit Agreement 31

Negative Pledge Agreements means the plural thereof.

Negative Pledge Agreements means the Negative Pledge Agreements to be dated as of the Closing Date, to be executed by each of J▇▇▇ ▇. ▇▇▇▇▇, and J▇ ▇▇▇▇▇▇ Partners (Bank SBIC Manager), Inc. in favor of Agent, for the benefit of Lenders as amended, supplemented or restated from time to time thereafter.

Negative Pledge Agreements means (a) the agreement dated January 3, 2007 executed by CSC Holdings, LLC for the benefit of the Existing Administrative Agent for the Lenders under this Agreement in respect of its membership interests in ▇▇ ▇▇▇▇▇▇▇▇ and

Negative Pledge Agreements means, collectively, (i) the Negative Pledge Agreement dated as of the Closing Date executed between Parent and Bank,