Common use of General negative pledge Clause in Contracts

General negative pledge. The Borrower shall not permit any Security Interest to exist, arise or be created or extended over all or any part of its assets except for: (a) those granted or expressed to be granted by any of the Security Documents; and

Appears in 2 contracts

Sources: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)

General negative pledge. The Borrower shall not permit any Security Interest to exist, arise or be created or extended over all or any part of its assets except for: (a) those granted or expressed to be granted by any of the for Permitted Security Documents; andInterests.

Appears in 1 contract

Sources: Facility Agreement (GasLog Ltd.)

General negative pledge. The Borrower shall not permit any Security Interest to exist, arise or be created or extended over all or any part of its assets except for: (a) those granted or expressed to be granted by any of the Security Documents; and

Appears in 1 contract

Sources: Pre Delivery Financing Agreement (Golar LNG LTD)