Common use of Limitation on Liens Clause in Contracts

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indenture.

Limitation on Liens. The Borrower shall notnot create, nor shall it permit any of its Significant Subsidiaries to, createassume, incur, assume permit or suffer to exist any Lien upon any of its property, assets or revenuesthe Collateral, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries to, create, cause, incur, assume permit or suffer to exist any Lien upon any of its propertyproperties or assets, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureother than Permitted Liens.

Limitation on Liens. The Borrower shall will not, nor shall it and will not cause or permit any of its Significant Subsidiaries Subsidiary to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any of its property, assets or revenues, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall will not, nor shall it and will not permit any of its Significant Subsidiaries to, directly or indirectly, enter into, create, incur, assume or suffer to exist any Lien upon Liens of any kind (other than Permitted Liens) on or with respect to any of its property, their Property or assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureor any interest therein or any income or profits therefrom.

Limitation on Liens. The Borrower shall will not, nor shall it and will not cause or permit any of its Significant Subsidiaries Subsidiary to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any of its property, assets or revenuesProperty, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall will not, nor shall it and will not cause or permit any of its Significant Subsidiaries to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any of its property, assets or revenuestheir Property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant the Restricted Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall will not, nor shall it and will not cause or permit any of its Significant Subsidiaries Subsidiary to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any of its property, assets or revenues, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries to, create, cause, incur, assume or permit, suffer to exist any Lien upon any of its propertyproperties or assets, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureother than Permitted Liens.

Limitation on Liens. The Such Borrower shall will not, nor shall it and will not cause or permit any Subsidiary of its Significant Subsidiaries such Borrower to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any of its property, assets or revenues, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Restricted Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries the Guarantors to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether asset now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries Subsidiary to, create, incur, assume create or suffer to be created or to exist any Lien upon any of its property, properties or assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Subsidiaries toBorrowers will not incur, create, incurassume, assume or suffer permit to exist any Lien upon any of its property, assets their Property or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Except for Permitted Liens, the Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries Restricted Subsidiary to, create, incur, assume or suffer permit to exist any Lien upon on any of its property, assets property or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureassets.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Restricted Subsidiaries to, directly or indirectly, create, incur, assume or otherwise cause or suffer to exist or become effective any Lien upon of any of its property, assets or revenues, whether kind on any asset now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries to, create, assume, incur, assume or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries Material Subsidiary to, create, issue, incur, assume or suffer permit to exist any Lien upon any of its propertyproperty or assets, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureother than Permitted Liens.

Limitation on Liens. The Borrower Borrowers shall not, nor and shall it not ------------------- permit any of its Significant the Restricted Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Subsidiaries to, not create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The No Borrower shall not, nor shall it permit any of its Significant Subsidiaries towill incur, create, assume, or permit to exist, and will not permit any Subsidiary to incur, assume create, assume, or suffer permit to exist exist, any Lien upon any of its property, assets assets, or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureother than Permitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it permit any cause each of its Significant Restricted Subsidiaries not to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall notNone of the Borrower, the Borrower’s Member nor shall it permit any of its Significant their respective Subsidiaries to, shall create, incur, assume or suffer to exist any Lien upon or with respect to any of its propertyProperty, assets or revenues, whether now owned or hereafter acquired; provided, however, that the following shall be permitted Liens except for Liens not prohibited by (in the Indenture.case of any Lien described in clauses (d), (f) or

Limitation on Liens. The Borrower shall will not, nor shall it and will not permit any of its Significant Subsidiaries to, create, incur, assume or assume, suffer to exist exist, guarantee, or otherwise become or remain, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, assets or revenuesof any kind, whether now owned or hereafter acquired, or any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower Borrowers shall not, nor and shall it not permit any of its Significant the Restricted Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not cause or permit any of its Significant Restricted Subsidiaries to, createdirectly or indirectly, incur, assume Incur any Liens of any kind against or suffer to exist any Lien upon any of its property, their respective properties or assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indenture.or any proceeds therefrom or any income or profits therefrom, to secure any Indebtedness unless

Limitation on Liens. The Borrower shall not, nor and shall it not ------------------- permit any of its Significant Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Each Borrower shall notagrees not to, nor shall it permit any of and will cause its Significant Subsidiaries not to, create, incur, assume or suffer to exist any Lien (except for Permitted Liens) upon any of its property, assets or revenues, whether now owned or hereafter acquired, or enter into any agreement, arrangement or understanding which would restrict or prevent Lenders’ Liens which are senior in priority to all other Liens (except for Liens not prohibited by the IndenturePermitted Liens).

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Subsidiaries towill not incur, create, incur, assume or suffer permit to exist exist, any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by in favor of Lender and the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Material Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for (i) Liens not prohibited permitted by the IndentureFirst Mortgage Bond Indenture and (ii) Liens created in the ordinary course of business.

Limitation on Liens. The Borrower Borrowers shall notnot assume, nor shall it incur or permit any of its Significant Subsidiaries toto exist or to be created, createassumed, incur, assume incurred or suffer permitted to exist any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Encumbrances.

Limitation on Liens. The Borrower Borrowers shall not, nor and shall it permit any cause each of its Significant their respective Subsidiaries not to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries to, create, cause, incur, assume or permit, suffer to exist any Lien upon any of its propertyproperties or assets, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indenture.other than Permitted Liens

Limitation on Liens. The Borrower shall will not, nor shall it and will not permit any of its Significant Subsidiaries to, create, incur, assume assume, or suffer to exist exist, directly or indirectly, any Lien upon on or with respect to any of its propertyassets, assets or revenuesof any kind, whether now owned or hereafter acquired, or any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor shall it permit ------------------- any of its Significant Material Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for (i) Liens not prohibited permitted by the IndentureFirst Mortgage Bond Indenture and (ii) Liens created in the ordinary course of business.

Limitation on Liens. The Borrower shall not, nor and shall it permit any cause ------------------- each of its Significant Subsidiaries not to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Such Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it permit any cause each of its Significant Restricted Subsidiaries not to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets their respective properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall will not, nor shall it and will not cause or permit any of its Significant Subsidiaries to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any Property or assets of its property, assets Borrower or revenuesany Subsidiary, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Restricted Subsidiaries to, create, incur, incur or assume or suffer to exist any Lien upon (other than Permitted Liens) that secures any Indebtedness on any asset or property of its property, assets the Borrower or revenues, whether now owned such Restricted Subsidiary or hereafter acquired, except for Liens not prohibited by the Indentureany income or profits therefrom.

Limitation on Liens. The Parent and the Borrower shall not, nor and shall it not permit any of its Significant the Borrower's Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower Borrowers shall not, nor and shall it not permit any of its Significant their Subsidiaries to, create, incur, assume or suffer permit to exist any Lien upon any of its propertyLien, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureother than Permitted Liens.

Limitation on Liens. The Each Borrower shall notagrees not to, nor shall it permit any of and will cause its Significant Subsidiaries not to, create, incur, assume or suffer to exist any Lien (except for Permitted Liens) upon any of its property, assets or revenues, whether now owned or hereafter acquired, or enter into any agreement, arrangement or understanding which would restrict or prevent Lenders' Liens which are senior in priority to all other Liens (except for Liens not prohibited by the IndenturePermitted Liens).

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Subsidiaries to, will not create, incur, assume or suffer to exist any Lien upon the Facility or any of its other property, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. (a) The Borrower shall not, nor and shall it not permit any of its Significant Restricted Subsidiaries to, create, incur, assume or otherwise cause or suffer to exist or become effective any Lien that secures obligations under any Indebtedness or any related Guaranties of any kind upon any of its propertytheir property or assets, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor not and shall it not cause or permit any Non-Parent Surety or any of its Significant Subsidiaries to, to directly or indirectly create, incur, assume or suffer to exist any Lien upon on any of its property, assets or revenues, whether property now owned or hereafter acquired, or on any income or profits therefrom, or assign or convey any right to receive income therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall notwill not create, nor shall it permit incur or assume, or suffer to be incurred or to exist, any Lien (other than Permitted Liens) on any of its Significant Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenuesProperty, whether now owned or hereafter acquired, except for Liens not prohibited by the Indenture.

Limitation on Liens. The Borrower shall will not, nor shall it and will not cause, permit or suffer any of its Significant Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets property or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureother than Permitted Liens.

Limitation on Liens. The Borrower shall Borrowers will not, nor shall it and they will not ------------------- cause or permit any of its Significant Subsidiaries Subsidiary to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any of its property, assets or revenuestheir Property, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, not ,nor shall it permit any ------------------- of its Significant Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall will not, nor shall it and will not cause or permit ------------------- any of its Significant Subsidiaries Subsidiary to, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon on any of its property, assets or revenuesProperty, whether now owned or hereafter acquired, or upon any income or profits therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien upon on any of its property, assets or revenues, whether asset now owned or hereafter acquired, or any income or profits therefrom or assign or convey any right to receive income therefrom, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant the Restricted Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, -66- 72 assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Subsidiaries to, create, incur, assume create or suffer to be created or to exist any Lien upon any of its property, properties or assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Subsidiaries towill not incur, create, incurassume, assume or suffer permit to exist any Lien upon any of its property, assets assets, or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any of its Significant Restricted Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Borrower shall not, nor and shall it not permit any ------------------- of its Significant Subsidiaries to, create, assume, incur, assume or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.

Limitation on Liens. The Neither the Borrower nor any Subsidiary shall notcreate, nor shall it permit any of its Significant Subsidiaries to, createissue, incur, assume or suffer permit to exist any Lien upon any of its propertythe Collateral or any other property or assets owned by it, assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indentureother than Permitted Liens.

Limitation on Liens. The Borrower shall not, nor shall it permit any of its Significant Subsidiaries other Company to, create, incur, assume create or suffer to be created or to exist any Lien upon any of its property, property or assets or revenues, whether now owned or hereafter acquired, except for Liens not prohibited by the Indenturea Permitted Lien.

Limitation on Liens. The Borrower shall not, nor and shall it not ------------------- permit any of its Significant Subsidiaries to, create, incurassume, assume incur or suffer permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, any Lien upon on any of its property, assets properties or revenuesassets, whether now owned or hereafter acquired, except for Liens not prohibited by the IndenturePermitted Liens.