No Liens on Collateral. Debtor will not create, incur or permit to exist, will defend the Collateral against, and will take such other action as is necessary to remove, any lien, claim, security interest or encumbrance on or to any of the Collateral, other than the liens granted to Secured Party under this Agreement and the Prior Liens and Permitted Liens.
No Liens on Collateral. Borrower shall not incur, create, assume or permit to exist, any Lien on all or any of the collateral assigned to Bank pursuant to this Agreement or any other Loan Document as security for the Line of Credit or Letter of Credit Note, without the prior written consent of Bank.
No Liens on Collateral. Grantor shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except (i) the Lien granted to Secured Party under this Security Agreement, and (ii) the Liens described on Schedule 4.1 hereto.
No Liens on Collateral. Borrower will not create, incur or permit to exist, will defend the Collateral against, and will take such other action as is necessary to remove, any lien, claim, security interest or encumbrance on or to any of the Collateral, other than Permitted Liens and Prior Liens, and liens granted to Lender under the Loan Documents.
No Liens on Collateral. Pledgor represents to the Bank that the Collateral is free and clear of any liens or encumbrances, and agrees that no further or additional liens or encumbrances will be placed on the Collateral without the express written consent of the Bank.
No Liens on Collateral. The Borrower Parties shall not incur, create, assume or permit to exist, any Lien on all or any of the Collateral assigned to Lender pursuant to this Agreement or any other Loan Document as security for the Development Notes, without the prior written consent of Lender. Lender will not consent to greater than two (2) additional Liens on the Hamlets Land.
No Liens on Collateral. Except for the liens granted to the Noteholder previously, Payor has good and marketable title to the Collateral (as defined in Section 4(a) below), free and clear of any liens, security interests and encumbrances, and has the right and power to pledge, sell, assign and transfer absolute title thereto to Noteholder and no financing statement covering the Collateral has been filed with respect to any Collateral.
No Liens on Collateral. For avoidance of a doubt, neither Holdings nor the MG Borrower will, nor will they permit the Florida Borrower or any other Subsidiary to, create, incur, assume, or permit to exist Indebtedness secured by, or Liens on, the Florida Property or any other Collateral except for Permitted Encumbrances (as defined in the Security Deed encumbering such Collateral).
No Liens on Collateral. Debtor will not create and will take any action necessary to remove any Lien on the Collateral other than a Permitted Lien.
No Liens on Collateral. Except for Permitted Liens, the Company shall not, directly or indirectly, create, incur, assume or permit to exist any Lien on or with respect to any Collateral or any income or profits therefrom.
