Common use of Except for Permitted Liens Clause in Contracts

Except for Permitted Liens. The Borrower shall not and shall not permit its Subsidiaries to make or enter into any agreement not to grant Liens for the benefit of any Person other than for the benefit of the Bank, except for such agreements existing on the date hereof and relating to the liens set forth in Schedule 1.1 and the Indebtedness set forth on Schedule 5.1.

Except for Permitted Liens. The Borrower shall not and shall not permit its Subsidiaries to make or enter into any agreement not to grant Liens (other than agreements with the Administrative Agent for the benefit of the Agent and the Lenders) for the benefit of any Person other than for the benefit of the Banknot to grant Liens, except for such agreements existing on the date hereof and relating to the liens Liens set forth in Schedule 1.1 and the ------------ Indebtedness set forth on Schedule 5.1.. ------------