Common use of Liens and Security Interests Clause in Contracts

Liens and Security Interests. On and after the Closing Date, except for Liens permitted pursuant to Section 5.9 hereof, (a) there is no financing statement or similar notice of Lien outstanding covering any personal property of any Company; (b) there is no mortgage or charge outstanding covering any real property of any Company; and (c) no real or personal property of any Company is subject to any security interest or Lien of any kind.

Appears in 2 contracts

Sources: Credit Agreement (Applied Industrial Technologies Inc), Credit Agreement (Applied Industrial Technologies Inc)

Liens and Security Interests. On and after the Closing Date, except for Liens permitted pursuant to Section 5.9 hereof, (a) there is no financing statement or similar notice of Lien outstanding covering any personal property of any Company; (b) there is no mortgage or charge outstanding covering any real property of any Company; and (c) no real or personal property of any Company is subject to any security interest or Lien of any kind.

Appears in 2 contracts

Sources: Credit Agreement (Pioneer Standard Electronics Inc), Credit Agreement (Applied Industrial Technologies Inc)

Liens and Security Interests. On and after the Closing Date, except for Liens permitted pursuant to Section 5.9 hereof, (a) there is and will be no financing statement U.C.C. Financing Statement or similar notice of Lien outstanding covering any personal property of any Company; (b) there is and will be no mortgage or charge outstanding covering any real property of any Company; and (c) no real or personal property of any Company is subject to any security interest or Lien of any kind.. Agent, for the benefit of the Lenders, upon the filing of the U.C.

Appears in 2 contracts

Sources: Credit Agreement (Core Molding Technologies Inc), Credit Agreement (Core Molding Technologies Inc)

Liens and Security Interests. On and after the Closing Date, except for Liens permitted pursuant to Section 5.9 hereof, (a) there is and will be no financing statement Uniform Commercial Code or similar notice of Lien Personal Property Security Act Financing Statement outstanding covering any personal property of any Company; (b) there is and will be no mortgage or charge deed of hypothec outstanding covering any real property of any Company; and (c) no real or personal property of any Company is subject to any security interest or Lien of any kind.

Appears in 1 contract

Sources: Credit Agreement (Smucker J M Co)