Common use of No Negative Pledges Clause in Contracts

No Negative Pledges. Directly or indirectly enter into or assume any agreement (other than this Agreement prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except for Property subject to purchase money security interests, operating leases and capital leases.

Appears in 4 contracts

Sources: Revolving Credit Agreement (Lenox Group Inc), Term Loan Credit Agreement (Department 56 Inc), Term Loan Credit Agreement (Lenox Group Inc)

No Negative Pledges. Directly or indirectly enter Enter into or assume any agreement (other than this Agreement the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except for Property subject to purchase money security interests, operating leases and capital leases.

Appears in 3 contracts

Sources: Loan and Security Agreement, Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/), Credit and Security Agreement (Tower Air Inc)

No Negative Pledges. Directly or indirectly enter into or assume any agreement (other than this Agreement Agreement) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except for Property subject to purchase money security interests, operating leases and leases, capital leases, license agreements and, except for specific Property to be sold pursuant to an executed agreement with respect to a disposition of assets permitted by this Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Bearingpoint Inc), Credit Agreement (Bearingpoint Inc)

No Negative Pledges. Directly or indirectly enter into or assume any agreement (other than this Agreement and the Qualified Senior Note Documents) prohibiting the creation or assumption of any Lien upon its the properties or assetsassets of any Company (other than a Foreign Subsidiary), whether now owned or hereafter acquired, except for Property subject to purchase money security interests, operating leases and capital leases.

Appears in 2 contracts

Sources: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)

No Negative Pledges. Directly or indirectly enter into or assume any agreement (other than this Agreement and the Qualified Senior Note Agreement) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except for Property subject to purchase money security interests, operating leases and capital leases.

Appears in 1 contract

Sources: Credit Agreement (Broder Bros Co)