Common use of Negative Pledge Clauses Clause in Contracts

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the its ability of any Loan Party to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations obligations under the Loan Documents to which it is a party, party other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capitalized Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations obligations under the Loan Documents to which it is a party, party other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations or other secured Indebtedness otherwise permitted under this Agreement (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of Holdings or any Loan Party Subsidiary of Holdings to create, incur, assume or suffer to exist any Lien in favor of the Co-Collateral Agents upon any of its their property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than any agreement relating to any Lien not prohibited by Section 6.02(a) (a) this Agreement and provided that any prohibition or limitation shall apply only to the other Loan Documents, and (b) pursuant assets subject to agreements entered into in accordance with Sections 7.2 and 7.3such Lien).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, acquired other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Parties to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits prohibits, limits or limits imposes any condition upon the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien to secure the Obligations upon any property acquired or refinanced with the proceeds of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3Loan.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of either Guarantor or any Loan Party Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property Property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement Limited Guaranty and the other Loan Note Purchase Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits prohibits, limits or limits imposes any condition upon the ability of the Borrowers or any Loan Party Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan DocumentsAgreement, and (b) pursuant to any agreements entered into governing any Liens otherwise permitted hereby (in accordance which case, any prohibition or limitation shall only be effective against the assets subject thereto) and (c) any agreements listed on Schedule 6.5 and any extensions, renewals or replacements thereof having substantially similar provisions with Sections 7.2 and 7.3respect thereto.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of Holdings or any Loan Party Subsidiary of Holdings to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (ai) this Agreement and the other Loan Documents, Documents and (bii) pursuant any agreements governing any Lien not prohibited by Section 6.02(a) (in which case any prohibition or limitation shall only be effective against the assets subject to agreements entered into in accordance with Sections 7.2 and 7.3the relevant Lien).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Covered Party to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation may only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of the Borrower or any Loan Party Significant Subsidiary Holding Company to create, incur, assume or suffer to exist any Lien upon any of its property properties or revenues, whether now directly or indirectly owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that which prohibits or limits the ability of the Borrower or any Loan Party of its Subsidiaries to create, incur, assume or suffer to exist any Lien the Liens upon any of its property or revenues, whether now owned or hereafter acquiredthe Collateral contemplated by the Loan Documents, to secure the Obligations or, in the case of any Guarantor, its Obligations obligations under the Loan Documents to which it is a partySecurity Agreement or hereunder, other than (a) this Agreement and the other Loan Documents, and (b) pursuant any agreements governing Permitted Liens, but only to agreements entered into in accordance with Sections 7.2 and 7.3the extent of the Property subject to such Permitted Liens.

Negative Pledge Clauses. (a) Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of the Borrower or any Loan Party Significant Subsidiary Holding Company to create, incur, assume or suffer to exist any Lien upon any of its property properties or revenues, whether now directly or indirectly owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of Holdings or any Loan Party of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of such Guarantor or any Loan Party of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations obligations under the Loan Documents to which it is a party, other than (a) this Agreement Guarantee and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of the Company or any Loan Party of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.,

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3the 19 Bridge Loan Agreement or any guarantee of obligations thereunder.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3the EPE Bridge Loan Agreement or any guarantee of obligations thereunder.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party the Parent to create, incur, assume or suffer to exist any Lien upon any the Capital Stock of its property the Borrower or revenues, whether now the network operations equipment owned by the Parent or hereafter acquiredacquired by it, to secure its Obligations obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, and Documents or (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become ----------------------- effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant to any agreements entered into governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in accordance with Sections 7.2 and 7.3which case, any prohibition or limitation shall only be effective against the assets financed thereby).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of the Borrower or any Loan Party Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property Property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Note Purchase Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Loan Party Group Member to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its Obligations obligations under the Loan Documents to which it is a party, party other than (a) this Agreement and the other Loan Documents, Documents and (b) pursuant any agreements governing any Indebtedness secured by Liens permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets subject to agreements entered into in accordance with Sections 7.2 and 7.3such Lien).

Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of such Obligor or any Loan Party Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property Property or revenues, whether now owned or hereafter acquired, to secure its Obligations under the Loan Documents to which it is a party, other than (a) this Agreement and the other Loan Credit Documents, and (b) pursuant to agreements entered into in accordance with Sections 7.2 and 7.3.