Common use of Limitations on Liens Clause in Contracts

Limitations on Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create or incur, or suffer to be incurred or to exist, any Lien on its property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:

Appears in 4 contracts

Samples: Revolving Credit Agreement (Zoetis Inc.), Revolving Credit Agreement (Zoetis Inc.), Revolving Credit Agreement (Zoetis Inc.)

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Limitations on Liens. The Borrower will notnot create, incur, assume or suffer to exist, and will not cause or permit any Subsidiary of its Subsidiaries toBorrower to create, create or incur, assume or suffer to be incurred or to exist, any Lien on any of its property Property, assets or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, exceptrevenues other than:

Appears in 4 contracts

Samples: Restatement of Loan Agreement (Lmi Aerospace Inc), Loan Agreement (Leonards Metal Inc), Revolving Credit Agreement (Agri Nutrition Group LTD)

Limitations on Liens. The Neither the Borrower will not, and will not permit nor any of its Subsidiaries towill create, create or incur, assume or suffer to be incurred or to exist, any Lien on or with respect to any of its property assets or assetsproperties (including shares of capital stock), real or personal, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:

Appears in 3 contracts

Samples: Credit Agreement (Darden Restaurants Inc), Credit Agreement (Darden Restaurants Inc), Credit Agreement (Darden Restaurants Inc)

Limitations on Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries Portfolio Entity to, create or incurcreate, assume or suffer to be incurred or to exist, exist any Lien on upon any of its property property, revenues or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:except Permitted Liens.

Appears in 3 contracts

Samples: Loan Agreement (Sunpower Corp), Loan Agreement (Sunpower Corp), Loan Agreement (Sunpower Corp)

Limitations on Liens. The Borrower will notnot create, and will not incur, assume or suffer to exist, or permit any of its Subsidiaries toto create, create or incur, assume or suffer to be incurred or to exist, any Lien on or with respect to any of its property assets or assetsproperties (including without limitation shares of capital stock or other ownership interests), real or personal, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:

Appears in 2 contracts

Samples: Credit Agreement (Richfood Holdings Inc), Credit Agreement (Richfood Holdings Inc)

Limitations on Liens. The Subsequent Borrower will notnot create or suffer to exist, and will not or permit any of its Material Subsidiaries to, to create or incur, or suffer to be incurred or to exist, any Lien on or with respect to any of its property or assetsproperties, whether now owned or hereafter acquired, or upon assign, or permit any income or profits therefromof its Material Subsidiaries to assign, exceptany right to receive income, other than:

Appears in 2 contracts

Samples: Credit Facility Agreement (Avaya Inc), Credit Facility Agreement (Avaya Inc)

Limitations on Liens. The Borrower will notshall not create, and will not incur, assume or permit to exist any Lien upon any of its Subsidiaries toproperty, create assets or incur, or suffer to be incurred or to exist, any Lien on its property or assetsrevenues, whether now owned or hereafter acquired, or upon any income or profits therefrom, exceptexcept for:

Appears in 2 contracts

Samples: Loan and Reimbursement Agreement (Cogentrix Energy Inc), Loan and Reimbursement Agreement (Cogentrix Energy Inc)

Limitations on Liens. The Borrower will not, and will not cause or permit any of its Subsidiaries to, create directly or indirectly, create, incur, assume or permit or suffer to be incurred or to exist, exist any Lien on its property or assets, whether now owned or hereafter acquired, Liens of any kind against or upon any property or assets of the Borrower or any of its Subsidiaries whether owned on the Effective Date or acquired after the Effective Date, or any proceeds therefrom, or assign or otherwise convey any right to receive income or profits therefrom, exceptexcept for the following:

Appears in 2 contracts

Samples: Term Loan Agreement (Total Renal Care Holdings Inc), Term Loan Agreement (Total Renal Care Holdings Inc)

Limitations on Liens. The Borrower will shall not, and will shall not permit any of its Subsidiaries toSubsidiaries, create directly or indirectly, to create, incur, assume or suffer to be incurred or to exist, exist any Lien on its property or assets, whether any of their respective assets now owned or hereafter acquired, or upon any income or profits therefrom or assign or convey any right to receive income therefrom, except:except as required or permitted in the Senior Loan Agreement.

Appears in 1 contract

Samples: Loan Agreement (Allstate Financial Corp /Va/)

Limitations on Liens. The No Borrower will, nor will not, and will not it permit any of its Subsidiaries to, create or create, incur, assume or suffer to be incurred exist any Lien on, or to existwith respect to, any Lien on of its property assets or assetsproperties (including without 77 limitation shares of Capital Stock or other ownership interests owned by it), real or personal, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:

Appears in 1 contract

Samples: Credit Agreement (Equifax Inc)

Limitations on Liens. The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries to, create or create, incur, assume or suffer permit to be incurred or to exist, exist any Lien on its property all or assets, whether now owned or hereafter acquiredany portion of the Collateral, or upon assign or sell any income or profits therefromrevenues (including accounts receivable) or rights in respect of any thereof, except:except for (a) Liens created under the Loan Documents and (b) the Permitted Liens.

Appears in 1 contract

Samples: Term Credit Agreement (Sirius Xm Radio Inc.)

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Limitations on Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create directly or indirectly, create, incur, assume or otherwise cause or suffer to be incurred exist or to exist, become effective any Lien of any kind on its property or assets, whether any asset now owned or hereafter acquired, or upon any income or profits therefrom, except:

Appears in 1 contract

Samples: Note Purchase Agreement (Angiotech Pharmaceuticals Inc)

Limitations on Liens. The No Borrower will, nor will not, and will not it permit any of its Subsidiaries to, create or create, incur, assume or suffer to be incurred exist any Lien on, or to existwith respect to, any Lien on of its property assets or assetsproperties (including without 77 limitation shares of Capital Stock or other ownership interests owned by it), real or personal, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:

Appears in 1 contract

Samples: Credit Agreement (Equifax Inc)

Limitations on Liens. The Borrower will notnot create, and will not incur, -------------------- assume or suffer to exist, or permit any of its Subsidiaries to(other than Crown and Trak) to create, create or incur, assume or suffer to be incurred or to exist, any Lien on or with respect to any of its property assets or assetsproperties (including without limitation shares of capital stock or other ownership interests), real or personal, whether now owned or hereafter acquired, or upon any income or profits therefrom, acquired except:

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

Limitations on Liens. The Borrower will not, not and will not permit any of its Consolidated Subsidiaries toto create, create or incur, assume or suffer to be incurred or to exist, any Lien on or with respect to any of its property assets or assetsproperties (including without limitation shares of Capital Stock, L.P. Units or other ownership interests), real or personal, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:

Appears in 1 contract

Samples: Credit Agreement (Kinder Morgan Bulk Terminals Inc)

Limitations on Liens. The Borrower will not, and will not permit any of its Subsidiaries to, create or incurcreate, assume or suffer to be incurred or to exist, exist any Lien on of any kind upon any of its property Properties or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, except:except Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Dailey Petroleum Services Corp)

Limitations on Liens. The Borrower will shall not, and will shall not permit any of its Restricted Subsidiaries to, create or create, incur, assume or suffer permit to be incurred or to exist, exist any Lien on its any property or assets, whether asset now owned or hereafter acquiredacquired by it, or upon assign or sell any income or profits therefromrevenues (including accounts receivable) or rights in respect of any thereof, except:except for (a) Liens created under the Loan Documents and (b) the Permitted Liens.

Appears in 1 contract

Samples: Term Credit Agreement (Sirius Satellite Radio Inc)

Limitations on Liens. The Borrower will notnot create, and will not permit incur, assume or suffer to exist any Lien on any of its Subsidiaries toProperty, create assets or incur, or suffer to be incurred or to exist, any Lien on its property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, exceptrevenues other than:

Appears in 1 contract

Samples: Credit Agreement (Shoe Carnival Inc)

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