Common use of No Negative Pledges Clause in Contracts

No Negative Pledges. Except as set forth on Schedule 3.2, the Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except (a) the Subordinated Notes Documents and (b) Capital Leases or Licenses which prohibit Liens upon the assets that are subject thereto.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan DocumentsDocuments and provisions contained in agreements expressly permitted under Section 3.2(c)) prohibiting the creation or assumption of any Lien in favor of Agent, for the benefit of itself and Lenders, upon its properties or assets, whether now owned or hereafter acquired, except (a) the Subordinated Notes Documents and (b) Capital Leases or Licenses which prohibit Liens upon the assets that are subject thereto.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan Documents, the Second Lien Loan Documents as in effect on the Amendment Effective Date (as to the assets covered thereby), and other secured Indebtedness permitted by this Agreement so long as the agreements with respect to such other secured Indebtedness do not prohibit any Permitted Encumbrances) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except (a) the Subordinated Notes Documents and (b) Capital Leases or Licenses which prohibit Liens upon the assets that are subject thereto.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan Documents, any Second Lien Financing Documentation, the Senior Subordinated Notes Documents, the Subordinated Indebtedness Documents and any Capital Lease (but solely with respect to the assets subject to such Capital Lease)) in each case, to the extent the relevant Indebtedness is permitted under Section 3.1) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except (a) the Subordinated Notes Documents and (b) Capital Leases or Licenses which prohibit Liens upon the assets that are subject thereto.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan DocumentsDocuments and the loan documents in respect of the US Credit Facility and (y) any purchase money mortgages evidencing purchase money Liens or Capital Leases permitted hereunder (in which case, any prohibition or limitation shall only be effective against the assets financed thereby)) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except (a) the Subordinated Notes Documents and (b) Capital Leases or Licenses which prohibit Liens upon the assets that are subject thereto.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except other than (ai) prohibitions in the Subordinated Notes Second Lien Debt Documents and (bii) Capital Leases or Licenses which prohibit Liens upon prohibitions of encumbrances on equipment acquired with the assets that are subject theretoIndebtedness permitted by Section 3.1(d) contained on the documents relating to such Indebtedness.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except other than (ai) prohibitions in the Subordinated Notes First Lien Debt Documents and (bii) Capital Leases or Licenses which prohibit Liens upon prohibitions of encumbrances on equipment acquired with the assets that are subject theretoIndebtedness permitted by Section 3.1(d) contained on the documents relating to such Indebtedness.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan DocumentsDocuments and, as in effect on the date hereof, the Indenture) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except (a) the Subordinated Notes Documents and (b) Capital Leases or Licenses which prohibit Liens upon the assets that are subject thereto.

No Negative Pledges. Except as set forth on Schedule 3.2, the The Credit Parties shall not and shall not cause or permit their Subsidiaries to directly or indirectly enter into or assume any agreement (other than the Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, except (a) the Subordinated Notes Documents and (b) Capital Leases or Licenses which prohibit Liens upon the assets that are subject thereto.