Common use of NO RESTRICTIONS ON LIABILITIES Clause in Contracts

NO RESTRICTIONS ON LIABILITIES. No Obligor shall enter into or become subject to, directly or indirectly, any agreement (other than the Indenture Agreement, as in effect as of the date hereof and without giving effect to any subsequent amendment, modification, replacement, or substitution thereof) prohibiting or restricting (other than with respect to Permitted Encumbrances), in any manner (including, without limitation, by way of covenant, representation, or event of default) any of the following: (a) The granting of Collateral Interests in favor of the Agent on any asset of any Obligor; or (b) The incurrence of any of the Liabilities.

NO RESTRICTIONS ON LIABILITIES. No Obligor shall enter into or become subject to, directly or indirectly, any agreement (other than the Indenture Agreement, as in effect as of the date hereof and without giving effect to any subsequent amendment, modification, replacement, replacement or substitution thereof) prohibiting or restricting (other than with respect to Permitted Encumbrances), in any manner (including, without limitation, by way of covenant, representation, or event of default) any of the following: (a) The granting of Collateral Interests in favor of the Term Agent on any asset of any Obligor; or (b) The incurrence of any of the Liabilities.

NO RESTRICTIONS ON LIABILITIES. No Obligor shall enter into or become subject to, directly or indirectly, any agreement (other than the Indenture AgreementIndenture, as in effect as of the date hereof and without giving effect to any subsequent amendment, modification, replacement, or substitution thereof) prohibiting or restricting (other than with respect to Permitted Encumbrances), in any manner (including, without limitation, by way of covenant, representation, or event of default) any of the following: (a) The granting of Collateral Interests in favor of the Agent on any asset of any Obligor; or (b) The incurrence of any of the Liabilities.