Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender that the Encumbrance shall have priority over the Security.
Appears in 8 contracts
Sources: Credit Agreement (Integra Resources Corp.), Credit Agreement (VIQ Solutions Inc.), Credit Agreement (Integra Resources Corp.)
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender Lenders that the Encumbrance shall have priority over the Security.
Appears in 7 contracts
Sources: Credit Agreement (CHC Helicopter Corp), Credit Agreement (CHC Helicopter Corp), Credit Agreement (Norske Skog Canada LTD)
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender Agent or the Lenders that the Encumbrance shall have priority over the Security.
Appears in 5 contracts
Sources: Credit Agreement (PHH Corp), Credit Agreement (Convergys Corp), Credit Agreement (Canwest Mediaworks Inc)
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender that the Encumbrance shall have priority over the Securityclaims of the Lender against the Borrower or the Borrower's Property.
Appears in 1 contract
Sources: Credit Agreement (Jpe Inc)
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender that the Encumbrance shall have priority over the Securitysecurity granted under the Security Documents.
Appears in 1 contract
Sources: Credit Agreement
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender that the such Encumbrance shall have priority over the Security.
Appears in 1 contract
Sources: Credit Agreement (Americredit Corp)
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender Noteholders that the such Encumbrance shall have priority over the Security.
Appears in 1 contract
Sources: Credit Agreement (Americredit Corp)
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed to be, an acknowledgment by the Lender that the such Encumbrance shall have priority over the SecurityLender's security interest in the Collateral.
Appears in 1 contract
Sources: Credit Agreement (E Loan Inc)
Permitted Encumbrances. The designation of an Encumbrance as a Permitted Encumbrance is not, and shall not be deemed or construed to be, an acknowledgment by the Lender Lenders that the Encumbrance shall have priority over the SecuritySecurity or that such Encumbrance shall be permitted to have such priority.
Appears in 1 contract
Sources: Credit Agreement (MDC Partners Inc)