Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement and (b) any industrial revenue bonds, purchase money mortgages or Financing Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of the Company or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 5 contracts
Sources: Credit Agreement (Laidlaw Environmental Services Inc), Credit Agreement (Laidlaw Environmental Services Inc), Credit Agreement (Safety Kleen Corp/)
Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement and (b) any industrial revenue bonds, purchase money mortgages or Financing Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of the Company Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 4 contracts
Sources: Credit Agreement (Unidigital Inc), Credit Agreement (General Chemical Group Inc), Credit Agreement (Monarch Machine Tool Co)
Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement and (b) any industrial revenue bonds, purchase money mortgages or Financing Leases permitted by this Agreement (in which casescase, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of the Company Borrower or any of its Subsidiaries Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 2 contracts
Sources: Credit Agreement (Big City Radio Inc), Credit Agreement (Big City Radio Inc)
Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement Agreement, (b) the Subordinated Debt and (bc) any industrial revenue bonds, purchase money mortgages or Financing Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of the Company or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 2 contracts
Sources: Credit and Guarantee Agreement (Nbty Inc), Credit and Guarantee Agreement (Nbty Inc)
Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement the Credit Documents and (b) any industrial revenue bonds, purchase money mortgages or Financing Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of the Company or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 2 contracts
Sources: Credit Agreement (Hexcel Corp /De/), Credit Agreement (Hexcel Corp /De/)
Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement and (b) any industrial revenue bondsAgreement, purchase money mortgages or mortgages, Financing Leases and other similar fixed asset financings permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of each of the Company Borrowers or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 1 contract
Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement and the Existing Credit Agreement and (b) any industrial revenue bonds, purchase money mortgages or Financing Capital Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of the Company Parent or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien to secure the Obligations upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Audio Visual Services Corp)
Limitation on Negative Pledge Clauses. Enter into with any Person any agreement, other than (a) this Agreement Agreement, and (b) any industrial revenue bonds, purchase money mortgages `s or Financing Leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), which prohibits or limits the ability of the Company Holdings or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.
Appears in 1 contract