Common use of Acquired Entities Clause in Contracts

Acquired Entities. Notwithstanding anything to the contrary contained herein, the Borrower will not permit any Acquired Entity to create, incur, assume or permit to exist any Debt (other than the Indebtedness) or Lien (other than the Lien securing the payment of the Indebtedness), make any loans, advances or investments in any persons, or sell or transfer any of its property, whether now owned or hereafter acquired except for Debt and Liens in favor of the Borrower and Liens permitted by Section 9.02.

Appears in 2 contracts

Sources: Credit Agreement (Castle Dental Centers Inc), Credit Agreement (Castle Dental Centers Inc)