Common use of Limitation on Liens Clause in Contracts

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, assets or revenues, whether now owned or hereafter acquired, other than the followingexcept for:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Domestic Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, assets or revenues, whether now owned or hereafter acquired, other than the followingexcept for:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary (other than any Project Finance Subsidiary or any International Subsidiary) to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Material Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Restricted Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Material Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Material Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Specified Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Restricted Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to of any part of its Property, whether kind on any asset now owned or hereafter acquiredacquired by the Company or its Restricted Subsidiaries, other than the following:except Permitted Liens.

Limitation on Liens. The Company shall not, and shall not suffer permit Parent or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Restricted Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Material Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:

Limitation on Liens. The Company shall not, and shall not suffer cause or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or permit or suffer to exist any Lien upon or with respect to Liens of any part kind on the assets of its Property, whether now owned or hereafter acquired, other than the followingCompany securing Indebtedness of the Company unless:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien Liens of any kind against or upon any property or with respect to assets of the Company or any part of its PropertyRestricted Subsidiary, whether now owned or hereafter acquired, or any proceeds therefrom, other than the following:Permitted Liens.

Limitation on Liens. The Company shall will not, and shall will not suffer cause or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incurincur or assume, assume or suffer to exist be incurred or to exist, any Lien upon or with respect to on any part of its Property, whether now owned or hereafter acquired, other than the following:or upon any income or profits therefrom, except for Permitted Liens.

Limitation on Liens. The Company shall will not, and shall not suffer or nor will it ------------------- permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or incur or suffer to be created, assumed or incurred or to exist any Lien upon or with respect to on any part of its Propertyproperties or assets, whether now owned or hereafter acquired, other than provided, however, that the -------- ------- foregoing restriction shall not apply to the following:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its PropertyProperty or revenues, whether now owned or hereafter acquired, other than except for (collectively, the following:“Permitted Liens”):

Limitation on Liens. The Company shall not, and nor shall not suffer or it permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty or assets, whether now owned or hereafter acquired, or offer or agree to do so, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, not and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, to create, incur, assume or suffer to exist any Lien Liens upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:their respective assets except for Permitted Liens.

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume Incur or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquiredLien, other than the following:Permitted Liens.

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien of any kind, other than Permitted Liens, upon or with respect to any part of its Property, whether property now owned or hereafter acquired, other than acquired after the following:date hereof or upon any income or profits therefrom.

Limitation on Liens. The Company shall not, not and shall not suffer or permit any of its Restricted Subsidiaries toto create, assume, incur or permit to exist or to be created, assumed, incurred or permitted to exist, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to on any part of its Propertyproperties or assets, whether now owned or hereafter acquired, other than the followingexcept for:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (collectively, "Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Significant Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (collectively, "PERMITTED LIENS"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Material Subsidiary to, directly or indirectlycreate, make, createissue, incur, assume or suffer permit to exist any Lien upon or with respect to any part of its Property, whether now owned property or hereafter acquiredassets, other than Permitted Liens but, subject at all times to the followingprovisions below:

Limitation on Liens. The Company shall not, and the Company shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. The Company shall not, and nor shall not suffer or it permit ------------------- any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty or assets, whether now owned or hereafter acquired, or offer or agree to do so, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectly, make, create, incur, assume or otherwise cause or suffer to exist or become effective any Lien of any kind upon or with respect to any part of its Propertytheir assets, whether now owned or hereafter acquired, other than the followingthan:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the followingfollowing ("Permitted Liens":

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, including without limitation, its timber and timberlands, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer permit to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, not and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or otherwise cause or suffer to exist exist, except in favor of the Company, any Lien of or upon any of the properties or with respect to any part assets, real, personal or mixed (including stock and other securities of its PropertySubsidiaries), of the Company or any of its Subsidiaries whether now owned at the date of this Indenture or hereafter thereafter acquired, other than the followingor of or upon any income or profits therefrom, except for:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:Permitted Liens.

Limitation on Liens. The Company shall not, and shall not suffer or ------------------- permit any of its Subsidiaries Material Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. The Company shall not, and shall not suffer ------------------- or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. (a) The Company shall not, and shall not suffer permit any Restricted Subsidiary of the Company to, create or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to on any part of its Propertyreal or personal properties, assets or rights of whatsoever nature (whether now owned or hereafter acquired), other than the followingexcept:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, assets or revenues, whether now owned or hereafter acquired, other than the followingexcept for:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist (a) any Lien upon on any asset (including, without limitation, all real, tangible or with respect to intangible property) of the Company or any part of its PropertyRestricted Subsidiary, whether now owned or hereafter acquired, other than the following:or on any income or profits therefrom, or assign or convey any right to receive income therefrom, except

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist create any Lien upon or with respect to any part of its Propertypresent or future Properties, whether now owned unless the Company shall have made or hereafter acquiredcaused to be made effective provision whereby the Notes are at least equally and ratably secured, other than except for the following:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following types of Liens on property other than inventory ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer ------------------- or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted --------- Liens"): -----

Limitation on Liens. (a) The Company shall will not, and shall not suffer or nor will it permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:except (subject to paragraph (b) of this Section 8.07):

Limitation on Liens. The Company shall not, and shall not suffer ------------------- or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. The Company shall not, and shall not suffer -------------------- or permit any of its Subsidiaries to, to directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and nor shall not suffer or it permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume incur or suffer permit to exist any Lien upon or with respect of any kind on any Property owned by any such Person; provided, however, that the foregoing shall not apply to any part of its Property, whether now owned or hereafter acquired, other than the followingnor operate to prevent:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Restricted Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquiredApproved Parcel, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, not and shall not suffer or permit any of its Subsidiaries toInvestment Subsidiary, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and ------------------- shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. The Company shall not, and shall not suffer or ------------------- permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted --------- Liens"): -----

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incurassume, assume incur or suffer to exist any Lien upon or with respect to any part of its Propertyproperty or assets, whether now owned or hereafter acquired, other than the following; except for:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien or Negative Pledge upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. (i) The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. (a) The Company shall will not, and shall not suffer or nor will it -------------------- permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:except (subject to paragraph (b) of this Section 8.07):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Insurance Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall ------------------- not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Neither Company shall, nor shall not, and shall not it suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer cause or permit any Subsidiary of its Subsidiaries to, directly or indirectly, make, the Company to create, incur, assume or suffer permit to exist exist, directly or indirectly, any Lien upon or with respect to on any part of its Property, whether property now owned or hereafter acquiredacquired by it or on any income or revenues or rights in respect of any thereof, other than except the following:following (collectively, the “Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any Subsidiary (other than Cascade or any of its Subsidiaries toSubsidiaries, none of which shall be subject to this Section 10.3), to directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertythe Collateral, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its property (including Intellectual Property, Proprietary Information and accounts and notes receivable, with or without recourse), whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon the Collateral, except those created by or in accordance with the Loan Documents. In addition, the Company shall not, and shall not suffer or permit any Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall will not, and shall will not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following (“Permitted Liens”):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, at any time create, incur, assume or suffer to exist any Lien upon or with respect to on any part of its Propertyproperty or assets, whether tangible or intangible, now owned or hereafter acquired, other than the followingor agree or become liable to do so, except:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following "PERMITTED LIENS"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Restricted Subsidiaries to, directly or indirectly, make, create, incur, assume or otherwise cause or suffer to exist or become effective any Lien (the “Initial Lien”) of any kind upon any of their property or with respect to any part of its Propertyassets, whether now owned or hereafter acquired, other than the followingexcept:

Limitation on Liens. The Company shall not, and its subsidiaries shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume permit to exist or suffer to exist be created or incurred any Lien lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than that liens (i) outstanding on the following:date hereof; (ii) incurred for inventory financing; or (iii) arising in the ordinary course of the Company's business that are approved by the Company's Board of Directors.

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Such Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and the Company shall not suffer or permit any of its Subsidiaries to, directly or indirectly, makeIncur, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperties or assets, whether now owned or hereafter acquired, other than the following:Permitted Liens.

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): 27

Limitation on Liens. The Company shall not, and shall not suffer or ------------------- permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, assets or revenues, whether now owned or hereafter acquired, other than the followingexcept for:

Limitation on Liens. The Company Companies shall not, and shall not suffer or permit any Subsidiary of its Subsidiaries a Company to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall will not, and shall not suffer or nor will it ---------------------------------- permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or incur or suffer to be created, assumed or incurred or to exist any Lien upon or with respect to on any part of its Propertyproperties or assets, whether now owned or hereafter acquired, other than provided, however, that the foregoing restriction shall not apply to the following:

Limitation on Liens. The Company shall not, and shall ------------------- not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than except to the following:extent permitted under Section 7.01 of the Revolving Credit Agreement

Limitation on Liens. The Company shall not, and shall not ------------------- suffer or permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens "): ---------------

Limitation on Liens. The Company shall not, and shall not permit, cause or suffer or permit any of its Subsidiaries to, directly or indirectly, make, Subsidiary to create, incur, assume or suffer to exist any Lien of any kind upon or with respect to any part of its Propertyproperty or assets (including, whether without limitation, any income or profits) now owned or hereafter acquiredacquired by it, other than any or all of the following:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:

Limitation on Liens. The Company shall not, and shall not suffer or ------------------- permit any of its Subsidiaries to, to directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted Liens"): ---------------

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its the Property, whether now owned or hereafter acquired, other than the following:

Limitation on Liens. The Company shall not, and shall not suffer or ------------------- permit any of its Subsidiaries to, to directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty, whether now owned or hereafter acquired, other than the following:following ("Permitted --------- Liens"): ----- (a) any Lien existing on property of the Company or any Subsidiary on the Closing Date securing Indebtedness outstanding on such date;

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:upon

Limitation on Liens. The Company shall not, and shall not permit, cause or suffer or permit any Subsidiary of its Subsidiaries the Company to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien of any kind upon any property or with respect to any part of its Property, whether assets now owned or hereafter acquiredacquired by the Company, other than except for the following:

Limitation on Liens. The Company shall not, and nor shall not it suffer ------------------- or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following:following "Permitted Liens"): -----------------

Limitation on Liens. The Company shall not, and nor shall not suffer or it permit any ------------------- of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Propertyproperty or assets, whether now owned or hereafter acquired, or offer or agree to do so, other than the following:following ("Permitted Liens"):

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries toSubsidiaries, directly or indirectly, make, create, incur, assume to incur or suffer to be incurred or allow to exist any Lien upon in respect of any Property of the Company or with respect to any part of its Property, whether now owned or hereafter acquiredSubsidiaries, other than the followingthan:

Limitation on Liens. The Company shall not, and shall not suffer or permit ------------------- any of its Subsidiaries Subsidiary to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to on any part of its Property, whether now owned or hereafter acquired, other than the followingexcept:

Limitation on Liens. The Company shall not, and shall not suffer or permit any of its Subsidiaries to, directly or indirectly, make, create, incur, assume or suffer to exist any Lien upon the Project or with respect to any other part of its Propertythe Collateral, whether now owned or hereafter acquired, other than the following:Permitted Liens.