Permitted Liens and Encumbrances. The Company shall not, and it shall not allow any Restricted Subsidiary to, grant, create, assume, incur, or suffer to exist, be granted, created, assumed, incurred or to extend any lien or encumbrance on the Mortgaged PropertyTrust Estate or any property of the Restricted Subsidiary pledged to the Trustee hereunder except Permitted Liens and Encumbrances.
Appears in 2 contracts
Sources: Credit Agreement (Tri-State Generation & Transmission Association, Inc.), Note Purchase Agreement (Tri-State Generation & Transmission Association, Inc.)