Common use of Liens and Encumbrances Clause in Contracts

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 18 contracts

Samples: Loan and Security Agreement (Digirad Corp), Loan and Security Agreement (Company Doctor), Loan and Security Agreement (PHC Inc /Ma/)

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Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its the Receivables-Related Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 3 contracts

Samples: Loan and Security Agreement (Phymatrix Corp), Loan and Security Agreement (Phymatrix Corp), Loan and Security Agreement (Phymatrix Corp)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 2 contracts

Samples: Loan and Security Agreement (Newcare Health Corp), Loan and Security Agreement (Retirement Care Associates Inc /Co/)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liensas described on Schedule 1.36 and Schedule 4.19.

Appears in 1 contract

Samples: Loan and Security Agreement (Raintree Healthcare Corp)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer permit to exist any mortgage, pledge, lien mortgage or other encumbrance of lien upon any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether assets now owned or hereafter acquiredacquired by it, except for Permitted Liens.except:

Appears in 1 contract

Samples: Loan Agreement (Sonesta International Hotels Corp)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for or Permitted Liens.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Sunlink Health Systems Inc)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for other than Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Ensign Group, Inc)

Liens and Encumbrances. Borrower will shall not create, incur, assume or ---------------------- suffer to exist any mortgage, pledge, encumbrance, security interest, lien or other encumbrance charge of any kind upon any of its property or assets (including the including, without limitation, any charge upon property purchased or acquired under a conditional sale sales or other title retention agreementretaining agreement or lease required to be capitalized under GAAP) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for acquired other than Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Symmetricom Inc)

Liens and Encumbrances. Borrower will shall not create, incur, ------------------------ assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (New York Health Care Inc)

Liens and Encumbrances. Borrower will not create, ---------------------- incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Lasersight Inc /De)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its CollateralCollateral or the Property, whether now owned or hereafter acquired, except for the Permitted LiensLiens and liens securing any liability for Borrowed Money permitted under Section 7.1 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Balanced Care Corp)

Liens and Encumbrances. Borrower will not create, incur, assume ------------------------------------- or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Securiiy Agreement (International Nursing Services Inc)

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Liens and Encumbrances. Borrower will not create, incur, ---------------------- assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthcor Holdings Inc)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, Xxxxxxxx's ownership interest in any of its the Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 1 contract

Samples: LTC Properties Inc

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liens.any

Appears in 1 contract

Samples: Trizetto Group Inc

Liens and Encumbrances. Unless otherwise agreed to in writing by Lender, Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its the Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Kahala Corp/)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its the Collateral, whether now owned or hereafter acquired, except for Permitted Liens.

Appears in 1 contract

Samples: Secured Term Note (Trizetto Group Inc)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its the Note Collateral, whether now owned or hereafter acquired, except for Permitted Liensthose set forth on Schedule 11(c) to this Secured Bridge Note.

Appears in 1 contract

Samples: Security Agreement (Newcare Health Corp)

Liens and Encumbrances. Borrower will not create, incur, assume or suffer to exist any mortgage, pledge, lien or other encumbrance of any kind (including the charge upon property purchased under a conditional sale or other title retention agreement) upon, or any security interest in, any of its Collateral, whether now owned or hereafter acquired, except for Permitted Liensas described on SCHEDULE 1.36 and SCHEDULE 4.19.

Appears in 1 contract

Samples: Loan and Security Agreement (Raintree Healthcare Corp)

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