Common use of Security Interests and Liens Clause in Contracts

Security Interests and Liens. Subject to Borrower's right to contest in good faith or cure within 30 days of the filing of any Lien, Borrower shall not suffer to exist any valid Lien, encumbrance, mortgage or security interest or consent to the filing of any financing statements on any of its Property other than the Liens created by the Loan Documents granted herein, Permitted Encumbrances and, during the period beginning on the date of this Agreement and ending on the Merger Termination Date, Liens which, individually or collectively, could not be reasonably expected to have a Material Adverse Effect.

Security Interests and Liens. Subject to Borrower's right to contest in good faith or cure within 30 thirty (30) days of the filing of any Lien, Borrower shall not suffer to exist any valid Lien, encumbrance, mortgage or security interest Lien against the Properties or consent to the filing of any financing statements on any of its Property the Collateral, other than the Liens created by the Loan Security Documents granted herein, and other Permitted Encumbrances and, during the period beginning on the date of this Agreement and ending on the Merger Termination Date, Liens which, individually or collectively, could not be reasonably expected to have a Material Adverse EffectEncumbrances.

Security Interests and Liens. Subject to the Borrower's right to contest in good faith or cure within 30 thirty (30) days of the filing of any Lien, and except as provided in the Debt Restructure Agreement, the Borrower shall not suffer to exist any valid Lien, encumbrance, mortgage or security interest Lien against the Properties or consent to the filing of any financing statements on any of its Property the Collateral, other than the Liens created by the Loan Security Documents granted herein, and other Permitted Encumbrances and, during the period beginning on the date of this Agreement and ending on the Merger Termination Date, Liens which, individually or collectively, could not be reasonably expected to have a Material Adverse Effect.Encumbrances;

Security Interests and Liens. Subject to Borrower's right to contest in good faith or cure within 30 days of the filing of any Lienlien, Borrower shall not suffer to exist any valid Lienlien, encumbrance, mortgage or security interest or consent to the filing of any financing statements on any of its Property other than the Liens created by the Loan Documents granted herein, herein and Permitted Encumbrances and, during the period beginning on the date of this Agreement and ending on the Merger Termination Date, Liens which, individually or collectively, could not be reasonably expected to have a Material Adverse EffectEncumbrances.