Common use of Additional Negative Pledges Clause in Contracts

Additional Negative Pledges. Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than the prohibitions and restrictions contained in this Agreement.

Appears in 4 contracts

Sources: Master Agreement (Choicepoint Inc), Master Agreement (Choicepoint Inc), Revolving Credit Agreement (Choicepoint Inc)

Additional Negative Pledges. Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than the prohibitions and restrictions contained in this Agreement, unless such asset is subject to a Permitted Lien and such prohibition or restriction is limited to such asset.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Choicepoint Inc), Revolving Credit Agreement (Choicepoint Inc), Revolving Credit Agreement (Choicepoint Inc)

Additional Negative Pledges. Create or otherwise cause or suffer to exist or become effective, directly or indirectly, any prohibition or restriction on the creation or existence of any Lien upon any asset of any Consolidated Company, other than the prohibitions and restrictions contained in this Agreement and the prohibitions and restrictions contained in the Existing Credit Agreement.

Appears in 1 contract

Sources: Revolving Credit Agreement (Choicepoint Inc)