Common use of Agreements Restricting Liens and Distributions Clause in Contracts

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement and the Security Instruments) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement Agreement, the Security Instruments and the Security InstrumentsSenior Loan Documents) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement Agreement, the Security Instruments and the Security InstrumentsSubordinated Loan Documents) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist enter into any contract, agreement or understanding (other than this Agreement and the Security Instrumentsa Credit Document) which in any way prohibits or restricts (a) except with respect to specific Property encumbered to secure payment of Debt related to such Property, imposes restrictions upon the granting, conveying, creation or imposition assumption of any Lien on any of upon its PropertyProperties, revenues or assets, whether now owned or hereafter acquired, acquired or (b) limits Restricted Payments to secure or any advance by any of the Obligations or restricts any Subsidiary from paying dividends Borrower's Subsidiaries to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The No Borrower shall notshall, nor shall it any Borrower permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement and the Security Instruments) ), which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its PropertyProperty (other than customary restrictions in contracts or agreements prohibiting the granting of a Lien in, or assignment of, such contract or agreement), whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary of a Borrower from paying dividends to the a Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries (other than Foreign Subsidiaries) to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement and the Security InstrumentsInstruments and the Note Purchase Agreement and the documents securing payment of the Debt of the Borrower thereunder) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any such Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement Agreement, the Senior Loan Documents and the Security Instruments) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement and the Security Instruments) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewiththerewith other than the Revolving Credit Loan Documentation.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement and Agreement, the Security InstrumentsInstruments or the Subordinated Loan Documents) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

Agreements Restricting Liens and Distributions. The Borrower shall not, nor shall it permit any of its Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement Agreement, the Security Instruments and the Security InstrumentsFirst Lien Loan Documents) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the Obligations or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.