Limitation on Negative Pledges. Enter into any agreement, other than (i) this Agreement and (ii) purchase money Lien documentation or capital leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), or permit any Subsidiary so to do, which prohibits or limits the ability of the Company or such Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired.
Appears in 3 contracts
Sources: Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc)
Limitation on Negative Pledges. Enter into any agreement, other than (i) this Agreement and (ii) purchase money Lien documentation mortgages or capital leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), or permit any Subsidiary so to do, which prohibits or limits the ability of the Company Borrower or such Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired.
Appears in 2 contracts
Sources: Credit Agreement (CVS Corp), 364 Day Credit Agreement (CVS Corp)
Limitation on Negative Pledges. Enter into any agreement, other than (i) this Agreement and (ii) purchase money Lien documentation mortgages or capital leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), or permit any Subsidiary of its Subsidiaries so to do, which prohibits or limits the ability of the Company any Borrower or such any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired.
Appears in 2 contracts
Sources: Credit Agreement (Gp Strategies Corp), Credit Agreement (Gp Strategies Corp)
Limitation on Negative Pledges. Enter into any agreement, other than (i) this Agreement and (ii) purchase money Lien documentation mortgages or capital leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), or permit any Subsidiary of its Subsidiaries so to do, which prohibits or limits the ability of the Company Parent or such any Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired.
Appears in 1 contract
Limitation on Negative Pledges. Enter into any agreement, other than (i) this Agreement and (ii) purchase money Lien documentation or capital leases permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), or permit any Subsidiary so to do, which prohibits or limits the ability of the Company or such Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether now owned or hereafter acquired.or
Appears in 1 contract