Common use of Liens and Encumbrances Clause in Contracts

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement.

Appears in 12 contracts

Samples: Term Loan Credit Agreement (Scheid Vineyards Inc), Loan Disbursement Instructions (Scientific Technologies Inc), Credit Agreement (Volcom Inc)

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Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement.

Appears in 9 contracts

Samples: Agricultural Credit Agreement (Scheid Vineyards Inc), Agricultural Credit Agreement (Scheid Vineyards Inc), Term Loan Agreement (Interactive Group Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or and as otherwise provided in this Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Scheid Vineyards Inc), Line of Credit Agreement (Scheid Vineyards Inc), Line of Credit Agreement (Maxwell Laboratories Inc /De/)

Liens and Encumbrances. Not Borrower shall not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's ’s properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Guidance Software, Inc.)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's ’s properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement, and except liens and security interests associated with Indebtedness of up to $100,000.00 in any one fiscal year.

Appears in 3 contracts

Samples: Credit Agreement (Alphatec Holdings, Inc.), Credit Agreement (Biolase Technology Inc), Credit Agreement (Biolase Technology Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or and as otherwise provided in this Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Golden State Vintners Inc), Term Loan Agreement (Golden State Vintners Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this AgreementAgreement and except for liens or encumbrances up to an aggregate amount not exceeding $2,000,000.00 for equipment leasing in any one fiscal year.

Appears in 2 contracts

Samples: Accounts Receivable Credit Agreement (Atg Inc), 8 Term Loan Agreement (Atg Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the each Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement, and except liens and security interests associated with Indebtedness of up to $1,000,000.00 in any one fiscal year.

Appears in 2 contracts

Samples: Letter of Credit Sub Facility) (Golden State Vintners Inc), Credit Agreement (Golden State Vintners Inc)

Liens and Encumbrances. Not create, assume or permit to exist any ---------------------- security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) , affecting any of the BorrowerCompany's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or and as otherwise provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Adac Laboratories)

Liens and Encumbrances. Not create, assume or permit to exist any ---------------------- security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's its properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Bre Properties Inc /Md/)

Liens and Encumbrances. Not create, incur,assume or permit suffer to exist any mortgage, pledge, encumbrance, security interest, encumbrance, mortgage, deed lien or charge of trust, any kind (including any charge upon property purchased under a conditional sales or other lien (including, but not limited to, a lien of attachment, judgment or executiontitle retaining agreement) affecting upon any of the Borrower's properties, its property or execute assets whether now owned or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for hereafter acquired other than Permitted Liens or as otherwise provided in this AgreementLiens.

Appears in 1 contract

Samples: Loan Agreement (Inmold Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement. 5.11.

Appears in 1 contract

Samples: Commercial Credit Agreement (Applied Signal Technology Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's ’s properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Cheesecake Factory Incorporated)

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Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement. 5.10.

Appears in 1 contract

Samples: Line of Credit Agreement (Applied Signal Technology Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's ’s properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement, and except liens and security interests associated with Indebtedness of up to $2,000,000.00 in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (Guidance Software, Inc.)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's its properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Bre Properties Inc /Md/)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's ’s properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this Agreement., and except liens and security interests associated with Indebtedness of up to $100,000.00 in any one fiscal year

Appears in 1 contract

Samples: Credit Agreement (Alphatec Holdings, Inc.)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's Borrowers' properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this AgreementAgreement and except for liens or encumbrances except purchase money.

Appears in 1 contract

Samples: Line of Credit Agreement (Tag It Pacific Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this AgreementAgreement and except liens and security interests associated with Indebtedness of up to $3,000,000.00 in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (Applied Signal Technology Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, trust or other lien (including, but not limited to, a lien of attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or and as otherwise provided in this AgreementAgreement and except for purchase money security interests securing indebtedness of up to $3,000,000.

Appears in 1 contract

Samples: Line of Credit Agreement (Maxwell Technologies Inc)

Liens and Encumbrances. Not create, assume or permit to exist any security interest, encumbrance, mortgage, deed of trust, or other lien (including, but not limited to, a lien of or attachment, judgment or execution) affecting any of the Borrower's properties, or execute or allow to be filed any financing statement or continuation thereof affecting any of such properties, except for Permitted Liens or as otherwise provided in this AgreementLiens.

Appears in 1 contract

Samples: 1998 Credit Agreement (Align Rite International Inc)

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