Liens on Properties. There are no Liens of any nature whatsoever on any Real Property, property or asset of the Company or any of its Subsidiaries, except for Permitted Liens (all Liens pursuant to clause (d) of such definition are listed on Schedule 3.10). Neither the Company nor any Subsidiary is a party to any contract, agreement, lease or instrument the performance of which, either unconditionally or upon the happening of an event, will result in or require the creation of any Lien on the property or assets of the Company or any of its Subsidiaries or otherwise result in a violation of any Financing Document, except for Permitted Liens.
Appears in 2 contracts
Sources: Senior Subordinated Note Purchase Agreement (New York Restaurant Group Inc), Senior Subordinated Note Purchase Agreement (Smith & Wollensky Restaurant Group Inc)